Benzinga | Aug 19, 2021 03:57PM EDT

Netflix Confirms Spatial Audio Launch On Apple Devices, Targets Mobile Gaming: TechCrunch

* On Wednesday, Netflix Inc (NASDAQ:NFLX) confirmed the launch of spatial audio support on Apple Inc (NASDAQ:AAPL) iPhone and iPad on iOS 14 after a Reddit user spotted the feature, TechCrunch reports.

* However, Netflix will not immediately roll out the feature.

* AT&T Inc (NYSE:T), HBO Max, The Walt Disney Co (NYSE:DIS), Disney+, and Comcast Corp (NASDAQ:CMCSA) Peacock have already launched the feature.

* Apple and Amazon.com Inc (NASDAQ:AMZN) also announced the availability of high-quality streaming music at no additional cost.

* Spotify Technology SA (NYSE:SPOT) also plans to launch a high-end subscription service, Spotify HiFi.

* Spatial audio is popular among video game players. Last month, Netflix disclosed its focus on mobile gaming apart from its original movies and television series.

* Price Action: NFLX shares traded higher by 4.11% at $543.35 on the last check Thursday.