Home Network Setup

I'm looking for a solution to achieve a better home network setup. I would like to get a wireless external hard drive for storage and backup that I can also connect all the devices to for streaming music, movies, etc. We use the wireless modem/router that came with the cable. I have all Apple products in the house (computers, phones, AppleTV, etc.).

Any recommendations on how to achieve this, including a wireless external hard drive, would be appreciated.

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Home Network Setup