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Apple TV Plus will be launched on November 1 for $ 4.99 a month
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Apple's upcoming streaming service, Apple TV Plus, will be launched on November 1 for $ 4.99 per month, the company announced today. These monthly costs include family access and you even get a whole year of free Apple TV Plus if you buy a new iPhone, iPad or Apple TV.

For $ 4.99 a month, TV Plus is directly among two of its major competitors – Netflix and Disney. The most popular Netflix subscription is currently available for $ 12.99 per month and Disney + is launched on November 12 for $ 6.99 per month. Disney also offers its own bundle with ad-supported Hulu and sports streaming service, ESPN +, for $ 12.99 a month.

The bigger question is what $ 4.99 per month TV Plus subscribers brings. Apple is launching its service with only a few key sets, including those from Reese Witherspoon and those from Jennifer Aniston The morning show and the drama series by Hailee Steinfeld about poet Emily Dickinson, Dickinson. That's much less than the thousands of TV episodes and movies that Netflix is ​​currently running and, unlike Disney +, Apple has no catalog back with adored titles to watch as new shows begin to spread. Yet $ 4.99 is a much more attractive price than the previously rumored $ 10 per month.

And Apple strives for original content for TV Plus. The company is said to have increased its content budget from $ 1 billion to more than $ 6 billion, according to Bloomberg. Apple also reportedly spends around $ 15 million per episode on some of its biggest shows, including The morning show and the sci-fi series led by Jason Momoa, See. The company also bought the distribution rights before Dads, a documentary by actress and filmmaker Bryce Dallas Howard about paternity around the world, at the Toronto International Film Festival this year.

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Apple will roll out a new series in the coming months, with rumors about weekly new episodes instead of one big batch like Netflix. That is the same method that Disney will use for the Disney + series and is similar to how Hulu and Amazon Prime Video work. Apple CEO Tim Cook, however, did not comment on that today.

The developing. View our Apple iPhone 11 event live blog for the latest updates!