Apple Hires Amazon’s Fire TV Head to Run Apple TV Business – Bloomberg (Feb 7, 2017)

Two things worth noting here: firstly, this is one of a relatively small number of senior hires at Apple in recent months amid what has seemed like a larger number of departures from the upper echelons there (including one earlier today). In and of itself, the numbers don’t mean much – Apple is a massive company and many of those poaching its employees are smaller (notably Tesla) such that the balance will always be lopsided in favor of the smaller companies, where promotion opportunities will also be greater. Secondly, and perhaps more importantly, this hire itself is into a hardware product role, but it frees up the guy who had been running the Apple TV product to focus on content negotiations, which is arguably where Apple really needs to be putting its investment right now. I continue to maintain that this is the year when Apple finally launches its own subscription video service – the pieces are in place with the Apple TV and the TV app it launched last fall, and the market is getting to a tipping point where an over-the-top pay TV alternative is both more feasible and more needed than ever. This move will hopefully help move Apple along in its pursuit of that goal.

via Bloomberg