Showtime
A teaser posted by Apple on its official twitter account on March 25. Apple has invested over $1 billion into making new content and the streaming service is set to compete with the giants including Amazon, Netflix and Hulu. Image Credit: Twitter

San Francisco: Apple is expected to launch a slew of new products at its Cupertino headquarters in California on Monday, including a Netflix competitor, a revamped news service and a subscription-based gaming offering.

The event, to be hosted at the Steve Jobs theatre on campus, will herald a new era for the iPhone maker as it enters the fast-growing global content streaming market.

"Apple has been looping a video from the theatre, teasing its focus on television," reports The Verge.

Apple's Cupertino headquarters in California 01
Apple's Cupertino headquarters in California Image Credit: Apple

The livestreaming video is stylised to look like a television set, and has been switching between a handful of different angles of the Steve Jobs theatre.

Apple has invested over $1 billion into making new content and the streaming service is set to compete with the giants including Amazon, Netflix and Hulu.

Content is king

"The company is building a new content store focused on offering bundles with cable services like HBO, Showtime and Starz. Put more simply, Apple may be looking to disrupt cable TV by essentially becoming a cable TV provider," adds the report.

Apple has been working on developing original content like Amazing Stories by Steven Spielberg; crime show Are You Sleeping? produced by Reese Witherspoon and starring Octavia Spencer; Calls which is an adaptation of a French short-form series; Central Park which is an animated musical comedy from Loren Bouchard and Defending Jacob — a thriller adapted from William Landay's novel, starring Chris Evans, among others.

According to TechCrunch, another Apple project is Shantaram — a series based on the novel by Gregory David Robert, about a man who escapes from an Australian prison and ends up in Bombay (now Mumbai).

There is also an untitled M. Night Shyamalan series and untitled Oprah Winfrey projects, among others.