One company’s loss is another company’s gain, and the same thing is happening with Apple. Recently HBO’s former CEO Richard Pleper joined hands with AppleTV+ to produce and manage TV shows and movies for the next five years. When AT&T declared to buy the parent company warned media, he left the offices of HBO. Pepler has worked with HBO for more than 27 years and managed to bring TV shows like The Sopranos and GOT which not only were popular but banked lots of money for the company.
HBO is launching its own streaming services in May which will have popular TV show The Big bang Theory, but it will not have the direction of Pepler. Apple is spending billions of dollars on its newly launched movie streaming platform where some Tv shows are already getting good responses from critics and viewers. However, things will be getting into Apple’s control because of Pepler’s contract to produce TV shows for AppleTV+. Apple smartly took this decision of sacking Pepler on their side when Netflix is trying to catch more user base.
The competition is movie streaming business is already at its peak, and mostly a few big companies are only competing with each other. It includes Disney, Netflix, Amazon and Apple, but the key to dominance will be in the hands of that platform which will produce top-notching originals content. Netflix recently released the Witcher, which is performing very well among movie lovers. AppleTV+ is already made collaboration with big stars Jennifer Aniston, Steve Carrel, Jason Mamoa to bring new shows. Star Wars based The Mandalorian is already getting hyped among fans. Now the entry of Richard Pepler into AppleTv+ will give a slight competitive advantage to the company since that man has already created popular TV shows for HBO and he would like to continue his saga.