RUMOR: Apple Ready to Roll Out Netflix-Like Video Subscription Service

Posted on August 3, 2011 by

Apple could be ready to roll out its own video subscription service similar to Netflix, at least that’s what Peter Misek at Jefferies is saying.

Apple might be ready to roll out its own video subscription service similar to Amazon and Netflix, Peter Misek at Jefferies reports in a note this morning.

Specifically, he says, “As part of Apple’s roll-out of cloud video services (and eventually an iTV), we believe Apple has unannounced deals with all/most of the studios/TV networks that are similar to the subscription streaming deal between Amazon and CBS.”

Source: Business Insider

Leave a Reply

You must be logged in to post a comment.