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Apple is reportedly losing $1B per year on its streaming serviceDespite 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.
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Apple reportedly losing over $1B a year on streaming service as subscriptions sit well below NetflixIndustry leader Netflix had a total subscriber count of 301.63 million, according to the latest data, while Disney+ had 124.6 million users followed by Warner Bros Discovery at 116.9 million.
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