Scott joins us with news that Apple is going to invest a billion dollars into original programming, having hired away several executives from Sony and WGN Cable. Facebook is also getting into their own original programming, and of course YouTube has YouTube Red and is offering their own live TV streaming service. Netflix is also going to spend upwards of seven billion, making it larger than HBO. Disney is also leaving Netflix to start their own streaming service(s) as well. So the streaming industry has blown up in the last few months. Leo says that Apple is more interested in people subscribing to Apple Music, so it'll be interesting to see where they take it.
Scott also says that Apple is due to announce the next generation of Apple TV, which will be in 4K and support HDR. Leo says that Apple TV is the last non 4K device to come to the party.