Apple streaming service won't offer Netflix subscription, Hastings says
Netflix Inc. will not be part of Apple Inc.'s new streaming service, Chief Executive Reed Hastings said late Monday, Variety reported. Speaking at a press event in Los Angeles, Hastings confirmed what many had already suspected. "Apple is a great company," he said, according to Variety. Apple is expected to unveil its highly anticipated streaming service next week. While it will feature some original shows, it is expected to also bolster its offerings by selling subscriptions to some third-party streaming services, such as HBO and Showtime, much as Amazon.com Inc.'s Prime service does.