Highlights:

• Apple has a March 25 event planned where many Hollywood stars have been invited.
• The event will reportedly see the launch of its streaming service along with a subscription-based news service.
• The renewed focus on Digital services comes after a slump in iPhone sales.

Apple has thus shifted focus to digital services to keep revenues flowing. Apple Music is already a big hit with over 50 million subscribers. The report also claims Apple is apparently planning to bundle all the offerings into one monthly subscription, similar to Amazon Prime.

The streaming video service has been under development for years. The division is being led by former Sony Pictures executives Zack Van Amburg and Jamie Erlicht. The shows are set to start airing in 2019, in line with the present information about a March 25 launch. The content is likely to be present through Apple’s TV app on iPhones and iPads and on Apple TVs which launched in 2016. There will also be some free content that users may be able to watch without paying. Furthermore, the service could also include shows from other networks.

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Apple planning to host an event on 25th March to launch its subscription-based news service