Netflix is testing a cheap-as-hell mobile-only plan

Mark Thompson CEO of The New York Times reportedly said that relying too much on third-party distribution is risky.                  Angela Lang  CNET

Mark Thompson CEO of The New York Times reportedly said that relying too much on third-party distribution is risky. Angela Lang CNET

Either way, the company's shift to offering more subscription-based services is monumental. A year ago in March, Apple introduced a low-priced iPad with an objective to tap the educational market.

Apple will be holding livestream of the event on its website.

It will be interesting to see exactly what is planned for the new Apple TV streaming service, we will have more details when it is made official next week. Apple's services catalogue includes Apple Music, Apple Pay and App Store among others.

While Netflix is the most costly streaming service in India, CEO Reed Hastings stated past year that the company wasn't facing any issues over its pricing. During the holiday quarter, Apple Pay saw 1.8 billion transactions whereas $332 million were spent on App Store on New Year's day alone, according to AppleInsider. The company has already confirmed some "original" programming content including a drama series featuring Reese Witherspoon and Jennifer Anniston, a thriller drama series by M Night Shyamalan, the TV adaption of "Are you sleeping".

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The cost of gasoline was down 11.9 per cent compared with the same month a year ago as overall energy prices slipped 5.7 per cent. For the Bank of Canada, the main message is "rates are in lock-down mode for the foreseeable future", he said.

While Netflix has shied away from the new platform, Apple has succeeded in building partnerships with the likes of HBO, Showtime and Starz.

Apple is unveiling its media offering tomorrow in a special event, and may be somewhat disappointed to discover that the Wall Street Journal has leaked the pricing for their upcoming services. The company may also discuss combining all these digital services into a single bundle, similar to Amazon's popular Prime program. As Cheddar noted, the company's push for the services comes as Apple is looking to expand its revenue as hardware sales are stalling and amid a surge in streaming and subscription services. The monthly get-togethers involve the chief executive peppering everyone with "detailed questions", including Cook constantly asking about things like which apps are selling well, how many Apple Music subscribers are still paying for the service and more.

In addition, they revealed that each "channel" in their video service will cost $9.99 also. Its efforts to introduce a television service have also been well-documented; it's probably the worst-kept secret at Apple. Some of the most popular paid games on the App Store include Microsoft-owned Minecraft and franchises like National Basketball Association 2K and Grand Theft Auto.

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