Apple spending about $500 million on its upcoming Apple Arcade gaming service

Apple is spending around $500 million on more than 100 games to debut this fall with its Apple Arcade game service, reports the Financial Times (a subscription is required to read the article).

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The article says that the tech giant is offering game publishers extra incentives if they agree to exclusivity windows, restricting new releases to Arcade for a few months before wide distribution on rival platforms. The strategy should continue once Arcade launches, as Apple promised the platform will net new and exclusive games on a regular basis.

Last month announced Apple Arcade, a game subscription service that will feature over 100 new and exclusive games, including original releases. The games can be played on Macs, iPhones, iPads, and Apple TVs. You can start a game on one device and continue it on another. Pricing hasn’t been announced.