Netflix co-founder Marc Randolph said Apple TV + has “no excuses” for lagging behind other competitors in the streaming market.
Apple has yet to report subscriber numbers for its new streaming service. However, there are signs that the company is not seeing the same kind of growth as its competitors and may have a “freeloader” problem.
“If Apple spent a quarter as much time on content as they give on content they could be playing,” Randolph said. Yahoo Finance in a recent interview. He noted that Apple has $ 200 billion in cash on hand.
Apple has over 50 movies and TV shows on its Apple TV + platform. That number stops compared to major competitor libraries like Netflix, or even Disney +, which launched around the same time as Apple.
“It simply came to our notice then [and] they’re not there yet with both legs, “Randolph said. They have to do the entrepreneurial thing and walk up to the edge of the cliff and jump. ”
The co-founder of Netflix also noted that Apple TV + has the highest mashing rate of any streaming platform.
In January, Apple extended the year-long free trial through July 2021. Data also shows that most test users do not plan to re-register. when the promotion period ends.
“You can’t replace people, you have to give them a reason to stay,” Randolph said.