Apple poses threat to cable sector

Thursday 5 November 2009 | 15:10 CET | Author: Tim Poulus | Market Commentary
Apple is reportedly preparing to launch in early 2010 an online TV subscription service, as part of its iTines store. The online shop already offers music and films for download, as well as TV series, while the new service will offer a subscription of around USD 30 per month. For the moment, the service appears limited to the US. At first glance, this looks like bad news for the cable industry. Watching films and now also TV is moving more and more away from broadcast channels to over-the-top services, undermining the core of the revenues. At the same time, one has to ask if the content

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Categories: General
Companies: Akamai Technologies / Apple / Disney
Countries: United States
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