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Apple TV+ Follows HBO’s Path: Why the Niche Approach Works

Apple TV+ Follows HBO’s Path: Why the Niche Approach Works

Photo: The Verge

Quick answer

Apple TV+ employs a niche strategy centered on a few blockbuster series, attracting a loyal audience similar to HBO’s approach.

Apple TV+ continues to lag behind in the streaming platform race, but analytics from Antenna reveal an unexpected success in its strategy. In March 2024, 32% of the service’s active viewers watched the comedy series "Shrinking," while 31% tuned into the sci-fi action series "Monarch: Legacy of Monsters." For comparison, on Netflix, only one project ("War Machine") managed to attract 25% of its audience, with others falling below the 20% mark.

Experts note that Apple TV+ is replicating the model of premium cable networks like HBO, where success was built on a few blockbuster hits rather than sheer volume. While Netflix and Disney+ offer thousands of hours of content, Apple limits itself to just 220 shows but emphasizes quality and cultural impact. This strategy mirrors HBO Max and FX on Hulu’s attempts to create "premium" niches within mass-market platforms—efforts that haven’t always succeeded.

Apple’s key advantage is its business model, which is independent of advertising. The company profits from subscriptions and uses Apple TV+ as a tool to promote other services within its ecosystem. However, experts warn that if Apple decides to introduce an ad-supported tier, it will need to rethink its approach to compete with Netflix in scale and content personalization.

Common questions

Why isn’t Apple TV+ in Nielsen’s top 10 streaming services?
Apple TV+ targets a niche audience and relies on a few high-profile hits rather than a vast content library. This limits its mass appeal but ensures high viewer engagement.
How does Apple TV+’s strategy differ from Netflix’s?
Netflix offers a broad range of content and heavily uses recommendation algorithms to retain audiences. Apple TV+, like premium cable networks, focuses on exclusive hits.
How does Apple profit from Apple TV+?
Apple generates revenue through subscriptions and uses the service to promote other offerings within its ecosystem, including third-party streaming via Apple TV and iOS.
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Why trust this

Prepared by the V-Help editorial team from the primary source with a published date.

Published by: V-Help.ru news desk

Source: The Verge