Apple is looking for content for Apple TV, there have been multiple rumors about Apple buying Sony to have that on their platform and create a live TV package bundle. Now Sony is announcing the cancellation of their streaming service. As C+C Music Factory said, 'Things that make you go hmmm'.
Apple could be a major player in TV streaming services if they were to introduce a live TV package and buy Sony. Apple is launching their streaming video service for $4.99 on Friday. If they go further and bundle with Live TV with TV+, Apple Music, and Apple Arcade for say $50.00/month, especially if they have Sony catalog to include, it would be an amazing deal. It would generate billions for Apple and all but eliminate Spotify, Pandora and Netflix. As a consumer, I could get everything I'd want with a Disney + bundle and an Apple bundle. And it would still be nearly half of what I would pay a cable provider.
And as an added bonus, if this does play out, all of Marvel movie rights revert back to Marvel Studios, if Apple TV (or anyone else) buys Sony. Why is that great? Marvel gets the rights back to all of their Spider-Man characters to include in any future MCU movie or TV show.