Africa's Latest Unicorn: Moniepoint Reaches $1 Billion Valuation
Nigerian fintech startup Moniepoint raises $110 million, tripling its valuation to $1 billion, amid declining VC investment in Africa.
Max Carter
Apple has announced that it will be offering free access to its Apple TV+ streaming service for a limited time, specifically on January 4 and 5. This marks the first time the company has made such an offer, and it comes just a few days after Apple TV+ began teasing the move on social media.
The announcement was made alongside a short video showcasing some of Apple TV+'s most popular shows, including "Severance," "Slow Horses," "Shrinking," and more. This weekend's free access period is likely intended to give non-subscribers a taste of what the service has to offer, with the hope that they will eventually sign up for a subscription to keep up with their favorite shows or explore the rest of the streaming service's library of content.
With a weekend being enough time to binge-watch some of Apple's most popular shows, the timing of this offer is particularly noteworthy. "Severance," one of Apple TV+'s flagship shows, is set to return for its highly anticipated second season on January 17, making this a prime opportunity for new viewers to get caught up before the new season drops.
Apple TV+ is priced at $9.99 per month, and allows up to six members of a Family Sharing group to watch content under a single subscription. By offering free access for a limited time, Apple is likely hoping to attract new subscribers and grow its user base. This move may also be seen as a way to compete with other popular streaming services, such as Netflix and Hulu, which have also offered free trials or promotional periods in the past.
The implications of this move are significant, as it marks a shift in Apple's strategy for promoting its streaming service. By opening up access to its content, Apple is acknowledging the importance of attracting new users and providing a compelling reason for them to sign up. This may be a sign of things to come, with Apple potentially offering more promotional periods or special deals in the future to drive growth and engagement.
In the broader context of the streaming wars, Apple's move is a clear attempt to gain ground on its competitors. With the streaming landscape becoming increasingly crowded, services are having to get creative to stand out and attract new users. By offering free access to its content, Apple is taking a page from the playbook of other successful streaming services and adapting it to its own unique strengths and offerings.
Ultimately, this weekend's free access period is a win for consumers, who will have the opportunity to explore Apple TV+'s library of content without committing to a subscription. It will be interesting to see how this move impacts Apple's user base and the streaming landscape as a whole in the coming months.
Nigerian fintech startup Moniepoint raises $110 million, tripling its valuation to $1 billion, amid declining VC investment in Africa.
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