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.

Submitted ⁨⁨5⁩ ⁨months⁩ ago⁩ by ⁨Tea@programming.dev⁩ to ⁨technology@lemmy.zip⁩

https://www.rte.ie/news/business/2025/0320/1503110-apple-losing-over-1-billion-a-year-on-streaming-service/