Apple is purchasing older movies and shows for its TV+ streaming service in a bid to build a back catalog of content that puts it in a better position to rival the huge libraries available on Netflix, Hulu, and Disney+, reports Bloomberg.
The company’s video-programming executives have taken pitches from Hollywood studios about licensing older content for TV+ and have bought some shows and movies, according to people familiar with the matter.More to follow This article, "Apple to Buy Older Shows for TV+ in Bid to Challenge Netflix" first appeared on MacRumors.comDiscuss this article in our forums