Apple TV+ 3rd or 4th? 🤣At absolute best, third or fourth off the bat after Amazon, Disney, NetFlix and maybe Google WhateverItsCalled. Sky is big in some geographies too.
If we're looking at video on demand streaming sevices that are available globally and looking at total worldwide subscribers, Apple TV+ comes in 7th or 8th.
1) Netflix
2) Amazon
3) Disney+
4) Max
5) Paramount+
6) Hulu
7) Peacock
8) Apple TV+ ?
You make it seem as though Apple spending $20 billion on content is supposed to be impressive... until one reads the article you linked to...Don’t let the door hit you on your way out, Jon Watts.
Apple TV+ has spent $20 Billion on original content
In the streaming world, Apple has a reputation for quality, thanks to its Apple TV hardware and Apple TV+ streaming service. The latter is best associated with original shows and movies surrounded by award buzz and critical acclaim. But despite that success, Apple's streaming service has hardly made a dent in the market at a time when interest in streaming services is bigger than ever.
Apple TV+ launched in 2019. Since then, the company has spent over $20 billion to build an impressive library of original content, Bloomberg reported earlier this year. Yet, despite a highly regarded library of shows and movies with big names in acting and directing, Apple TV+ only garnered 0.3 percent of US screen viewing time in June 2024, per Nielsen.
In July, Bloomberg aptly underscored how minimally competitive Apple TV+ is, writing: "Apple TV+ generates less viewing in one month than Netflix does in one day."
Apple doesn’t provide subscriber numbers for Apple TV+, but it's estimated to have 25 million subscribers. That would make it one of the smallest mainstream streaming services. For comparison, Netflix has about 283 million, and Prime Video has over 200 million. Smaller services like Peacock (about 28 million) and Paramount+ (about 72 million) best Apple TV+'s subscriber count, too.
Apple TV+ is pretty bad when it comes to churn rate. Only Discovery+ is worse. I don't know anyone who subscribes to Discovery+

Which Streamer Inspires the Most Devotion? A New Study Says It’s Not Netflix
Netflix is not the streamer with the most loyal subscribers: Amazon Prime video has a lower annual churn rate.

... Discovery+ annual churn rate is a whopping 43 percent.
There’s a pretty big gap between the churn rates of league-leaders Prime Video and Netflix and the other major streaming platforms. From April 1, 2023 to March 31, 2024, Hulu’s churn rate was 15 percent, Max’s (fka HBO Max) was 17 percent, as was Peacock’s; the Disney+ churn rate was 21 percent and Paramount+ was 24 percent.
Apple TV+ barely beat out Discovery+ with a churn rate of 40 percent.