13 MAR

A top Apple exec explains you shouldn’t bet that it’ll buy Netflix or Disney (AAPL)

Apple

In 2018, Apple expects to greatly expand the original TV shows and movies it’s producing.
On stage at SXSW, Apple Senior VP of Internet Software and Services was asked if those investments meant that it would buy a major player like Netflix or Disney.
Cue shrugged off the suggestion, saying that Apple would rather not invest in an established player, and rather build out its video content in-house as much as possible.

On Monday, just before Apple Senior VP Eddy Cue took the stage at the South by Southwest festival, the Cupertino company announced the acquisition of Texture — a magazine-reading app that could bolster its own Apple News app with content from multiple publications.

See the rest of the story at Business Insider

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Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.