Market Overview

Apple TV+ Price Will Start At $4.99 A Month, Launch Nov. 1

Share:
Apple TV+ Price Will Start At $4.99 A Month, Launch Nov. 1

Apple Inc.'s (NASDAQ: AAPL) streaming service Apple TV+ will cost just $4.99 a month, Apple CEO Tim Cook announced at the company's new product event Tuesday.

"That's crazy," Cook said of the cost, which is lower than many expected. The company announced in the spring it would create the streaming service as it seeks to connect with others in the industry, including Netflix Inc. (NASDAQ: NFLX).

Shows will begin streaming on the service starting Nov. 1, Cook said after previewing one of the shows, called "See" about a world in the future where humans have lost the ability of sight.

Cook also announced that customers who buy other Apple projects, such as an iPhone, iPad, Mac or Apple TV, they'll get a year subscription to Apple TV+ for free. The service will be available in more than 100 countries, he said. Through Family Sharing, up to six family members can share one Apple TV+ subscription.

Apple's stock traded up marginally Tuesday afternoon, while Netflix and Walt Disney Co (NYSE: DIS) came under selling pressure.

Related Links:

Apple Rolls Out Streaming Service Apple TV+, TV Channels

Raymond James Says Apple's Streaming Plans Are 'More Incremental Than Revolutionary,' Which Is A Good Thing For Netflix

Posted-In: Apple TV Plus Apple TV+ Tim CookNews Events Tech Media Best of Benzinga

 

Related Articles (AAPL + DIS)

View Comments and Join the Discussion!
Fastest Market News Application
You'll Hear It First On Pro
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at [email protected]

5 Reasons To Use An E-Wallet

Alkaline Water Boosts Brand With Acquisition Of AQUAhydrate, Backed By Combs, Wahlberg