Apple to build new office in Los Angeles"These streaming giants are betting on the strength of demand for content even after the pandemic is over"
What you need to know
Apple is building new offices in LA.
They'll be located in the Culver City area where Apple TV+ is currently based.
It signifies Apple's desire to further invest in its streaming platform.
Apple is building new offices in the Culver City area of Los Angeles as its continues to push its Apple TV+ streaming platform.
LA Times reports:
In a sign that competition among streaming entertainment providers will stay heated in the years ahead, Apple announced Friday that it will roughly double its office presence in the Culver City area where Apple TV+ is based.
The expansion of more than 550,000 square feet in two adjoining buildings is larger than expected by real estate industry observers. Apple, Netflix, Amazon, HBO and other streaming services have been gobbling up office and production space in recent years to help churn out movies and television...
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Apple to build new office in Los Angeles
