Comment on Apple TV+ is losing $1B+ annually even as its subscriptions grew to ~45M in 2024; Apple has spent $5B+ per year on content since its 2019 debut.

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paraphrand@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

Good content is expensive. And from what I understand, the financials are all fucked up across the industry.

Just look at Netflix, they just blew $320 million on a huge piece of garbage, The Electric State.

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