Apple takes on Netflix with new streaming service

The tech company Apple has announced plans for a TV and movie subscription streaming service, in a move that will see it take on Amazon and Netflix. It's already spent up to $2 billion signing up some of Hollywood's brightest stars - including Steven Spielberg, Reese Witherspoon and Oprah Winfrey - to produce original programmes. What will it mean for New Zealand? Technology commentator Bill Bennett speaks to Guyon Espiner.