Apple TV Plus is losing more than $1 billion every year despite reaching 45 million subscribers in 2024, according to a report from The Information. It’s reportedly the only Apple subscription that isn’t generating a profit.

Apple TV+ is reportedly losing more than $1 billion per year as the company is spending $4.5 billion on content annually.

A new report from The Information claims that Apple is losing over $1 billion a year on Apple TV+ (per Reuters). Apparently, the company has spent more than $5 billion a year on content since the streamer launched in 2019,

I breathed a sigh of relief when Severance season 3 was confirmed, as one of the best Apple TV Plus shows once again left us blindsided by a bombshell finale. I couldn't bear the thought of it not returning.

Apple has renewed the mind-bending workplace thriller for a third season. The series stars Adam Scott and hails from creator and writer Dan Erickson, and director and executive producer Ben Stiller. The renewal decision is a no-brainer: The cultural phenomenon broke records in its second season,

Severance has officially been renewed for season 3, just a few hours after its season 2 finale premiered on Apple TV Plus. The hit sci-fi series is undoubtedly one of the best Apple TV Plus shows and has broken plenty of records for the streamer, which means this news isn't particularly unexpected.