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Apple is reportedly losing $1B per year on its streaming service
Apple is losing more than $1 billion per year on its streaming service, Apple TV+, according to a new report from The Information.
Despite Apple TV+ productions earning more than 2,500 award nominations and wins, the streaming service has lagged behind Netflix, Disney+, and Amazon Prime Video when it comes to subscribers. For context, Netflix leads the streaming industry with 301 million subscribers. TechCrunch Space Every Monday, gets you up to speed on the latest advances in aerospace.
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