Apple to Spend $1 Billion a Year on Films to Break Into Cinemas
Gunnar Larson
g at xny.io
Thu Mar 23 15:32:16 PDT 2023
Blockbuster.com and Apple seem to be trying to rip off New York City
innovation.
Apple to Spend $1 Billion a Year on Films to Break Into Cinemas
https://www.bloomberg.com/news/articles/2023-03-23/apple-to-splash-1-billion-a-year-on-films-to-break-into-cinemas
Apple Inc. (AAPL) plans to spend $1 billion a year to produce movies that
will be released in theaters, according to people familiar with the
company’s plans, part of an ambitious effort to raise its profile in
Hollywood and lure subscribers to its streaming service.
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