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September 01, 2020 1:32pm
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Apple Streaming Media Rattles Netflix

Netflix (NFLX) shares dropped more than 2% on Tuesday after Apple (AAPL) revealed that its subscription TV service will launch in November, will be much cheaper than Netflix, and will be free for a year for customers who buy a Mac, iPhone or Apple TV. Apple TV+, was expected, but consumers didn’t...
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