As expected, Netflix is out of Apple's upcoming TV and movie streaming service

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Apple is gearing up for its March 25 event where it’ll announce its first ever Apple News subscription service alongside a TV and movie streaming service. And while many third-party services are planning to join Apple’s new TV venture, Netflix is taking the other route.

Netflix CEO Reed Hastings confirmed that Netflix isn’t joining Apple’s new TV streaming venture and wants to make its contents available only to its own platform and nowhere else. “We want to have people watch our shows on our services,” he said, according to Recode.

The CEO also said that it’d be difficult for them to have a competitor like Apple though he later pointed his finger to Amazon saying that it’s been years since Amazon and Netflix are competing with each other. “You do your best job when you have great competitors,” Hastings said.

Apple’s new TV venture will offer customers Apple’s original TV shows much like Netflix originals. Aside from that, you will also get to see content from other players such as HBO and that’ll require you to sign-up for HBO or any third-party services you want to enjoy. And all of this can be done within the Apple TV app.

Via: Macrumors

More about the topics: apple, netflix, Netflix CEO, Reed Hastings, Video service