Unless you've been living under a rock, it's no secret that there is a content war taking place between traditional media companies. Netflix (NFLX) - Get Report , Disney (DIS) - Get Report , Comcast (CMCSA) - Get Report and AT&T (T) - Get Report are spending billions of dollars to secure streaming rights or create original content to attract viewers to their DTC streaming services. Even the big tech companies such as Apple (AAPL) - Get Report , Amazon (AMZN) - Get Report and Facebook (FB) - Get Report are getting involved in the streaming wars.
But there may be a bigger content war just getting started. Video games are quickly becoming the biggest form of entertainment and just as it is in the film and TV industry, content is king in the video game industry.
TheStreet's Katherine Ross sat down with Zev Fima, Research Analyst at ActionAlertsPLUS, to discuss what he wants to see from Apple after their release of Apple Arcade. Here is what he had to say:
"The other thing I would look for, again, cause content is King. We see Apple doing original content on the movie front. I would be curious to see if they maybe do a developer acquisition at some point so they can develop their own in house games and maybe improve the economics."
Ross also sat down with Will Hershey, CEO and Co-founder of Roundhill Investments, who manages an esports ETF to discuss why he also thinks its important for Apple to focus on content after the roll out of Apple Arcade:
"I think in gaming it's even more important to kind of have that killer app, that killer title. When we look at mobile gaming, about 15% of mobile titles represent about two thirds of revenue. So it's really important to have that game that brings people in, especially when you're talking about a subscription service like this."
Watch the video above to see what else they had to say about why content is king.
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