Business ReportApple to unveil new video service SHARE ON: Casey Kenny, staff Monday, Mar. 25th, 2019 Apple is expected to announce Monday that it is launching a video service that could compete with Netflix, Amazon and cable TV itself.It’s a long-awaited attempt from the iPhone maker, several years after Netflix turned “binge watching” into a worldwide phenomenon.The new video service is expected to have original TV shows and movies that reportedly cost Apple more than $1 billion U.S., far less than Netflix and HBO spend every year.Also expected is a subscription service consisting of news, entertainment and sports bundled from newspapers and magazines.On the markets, the TSX tumbled 155 points to close last week.Oil is starting the week at $58.96.Gold is up $4.60 at 1,316.90.The Canadian dollar is at 0.74569.