Should Netflix be worried about Apple TV+?

Hosted by

Tim Cook, CEO of Apple, speaks about Apple TV during a launch event in Cupertino, California, U.S. September 12, 2017. Credit: REUTERS/Stephen Lam.

Tim Cook announced on Monday that Apple is partnering with creative visionaries, including Jennifer Aniston, Oprah Winfrey, and Steven Spielberg, to create Apple TV+. This comes after Spielberg was critical of Netflix getting an Oscar nomination, saying streaming threatened “the motion picture theatrical experience.”