![]() The downtown Apple store and another in Beijing will be the first to launch Apple Creative Studios, which the company calls “a global initiative for underrepresented young creatives” to give them access to tech equipment, guidance and the opportunity to display what they create. One analyst called it “an offensive and defensive move” against Spotify. Will it be the ‘Netflix of podcasts’?Īpple said it will make podcast subscriptions available on its Podcasts app next month. area now, including nearly 100 at the newest store.Ĭompany Town Apple launches new subscription platform. The company employs about 9,000 workers in the L.A. ![]() Apple announced in April that it would grow its teams in Culver City to more than 3,000 employees by 2026 and expand its campus there. The Cupertino, Calif.-based company has rapidly increased its presence in the Los Angeles area in recent years as its Apple TV+ became a competitor to other streaming entertainment services such as Netflix and Amazon Prime Video. The theater building is owned by the Delijani family, which also owns the Los Angeles Theatre and two other historic Broadway movie houses. “The significance of the brand cannot be understated,” he said. Also across the street is a 1915 office building clad in white marble that has been restored but has no tenants yet.Īpple’s decision to invest there as a tenant is a validation of its real estate location, Moore said, perhaps bringing enough cachet to persuade other high-end retailers to join it downtown. ![]() Neighbors include a Vans shoe store and Urban Outfitters, which occupies the former Rialto Theatre.
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