Apple Could Debut 'Netflix for Games' Subscription Service at Monday's Event

Apple Could Debut 'Netflix for Games' Subscription Service at Monday's Event

As expected, the company just announced its game subscription service which will be called Apple Arcade, and among the details we know so far is that it will give subscribers access to more than 100 new and exclusive games. This meant that Netflix has always been the most expensive streaming service in India as all the rivals, including local services such as Hotstar as well as worldwide services such as Amazon Prime Video, have tailor-made prices for the Indian audience.

Apple is beginning to place more emphasis on the services aspect of its business in the wake of falling iPhone sales.

AT&T's WarnerMedia, CNN's parent company, is also launching its own streaming service, with the beta version available in the fourth quarter this year.

Last week Apple announced a string of product updates, including new iPads, iMac upgrades and AirPods 2. Apple's App Store, where the service is likely to be distributed, is now available in more than 100 countries. It dominates the market for many years.

Some of the biggest names in media and tech are gearing up to move into streaming, in what could be a major challenge to market leader Netflix.

It has been reported that Apple plans to offer its original content for free (or a small monthly fee) to Apple device owners. The concept is quite similar to Google's recently unveiled cloud-based Stadia gaming platform.

As per WSJ (via Engadget), Apple has been negotiating to offer subscriptions of channels such as HBO, Showtime and Starz for $9.99 each. Other announcements are also expected. Apple is also in talks with HBO to become part of its service. A report in February noted that The Washington Post and The New York Times were reticent to join the service given Apple wanted to take a 50 percent cut of earnings.

According to a Bloomberg report, there could be a monthly games subscription as well, which will bundle paid games from different developers.

Although the comparison is beyond tired-we're sicker of writing it than you are of reading it-the approach seems like Apple's building a "Netflix for games".

Subscriptions to online video services globally climbed 27 per cent past year to 613 million, eclipsing cable television subscriptions for the first time, according to the Motion Picture Association of America. The news service is expected to be offered for $10 per month and will include content from the Journal as well as hundreds of other magazines and publishers.

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