Is Apple TV+ the new king of streaming?

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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+. Spielberg was critical of Netflix getting an Oscar nomination, and he called streaming a threat to “the motion picture theatrical experience.”