A new report in the Financial Times suggests that Apple is deadly serious about their new gaming subscription service, Apple Arcade. According to the report, the Cupertino tech giant has set aside some $500 million in budget to support as well as attract game developers to the platform.
The report cites several people involved with the subscription service’s development. It claims that Apple is incentivizing developers by spending millions of dollars on each developers that are making up the games for the curated, 100 game service. The report goes on to claim that while Apple Arcade will not be available on Android devices or subscription-based services, it will be available on game consoles after a few months of exclusivity on Arcade.
Some of the developers that are currently working on Arcade games include the likes of Disney, Sega, Lego, Cartoon Network, and Konami, as well as indie studios such as Snowman, Annapurna Interactive, WayForward, and Klei Entertainment.
Apple announced Apple Arcade last month as part of a slew of services announced at the “It’s Show Time” event. At the time, Apple released few details about the subscription plan other than the curated 100 games notion, the games will be ad-free and full featured, and will be playable across your iPhone, iPad, Mac, and Apple TV. The games will also be all-you-can-play.
Pricing of the service was not announced although most expect it to fit in the “normal” price range of $9.99 per month.