icon
icon
icon
icon
🏷️$300 Off
🏷️$300 Off

News /

Articles /

Apple is in talks to license more Hollywood movies.

Market VisionThursday, Jul 18, 2024 11:00 pm ET
1min read

On Thursday, media reported that Apple was in talks to secure more film licensing from Walt Disney, in order to expand its streaming product portfolio.

Streaming platforms have been seeking to expand their product libraries, spending hundreds of millions of dollars to secure the rights to movies and live sports programming to attract subscribers in a highly competitive market.

Apple was reported to have successfully secured the rights to about 50 films from Walt Disney earlier this year, which encouraged it to pursue more content.

The iPhone maker did not immediately respond to a request for comment.

Apple TV+ streaming service has become known for its original series, such as Ted Lasso, The Morning Show and Slow Horses, and has stood out in the streaming space for its focus on internal content, while most competitors also offer other studios’ older movies and television shows.

The strategy has earned Apple TV+ 72 Emmy nominations across categories.

However, according to market research firm Antenna, Apple TV+ is one of the streaming platforms with the most cancellations, while Netflix has the lowest.

Comments

Add a public comment...
Post
No Comment Yet
Disclaimer: The news articles available on this platform are generated in whole or in part by artificial intelligence and may not have been reviewed or fact checked by human editors. While we make reasonable efforts to ensure the quality and accuracy of the content, we make no representations or warranties, express or implied, as to the truthfulness, reliability, completeness, or timeliness of any information provided. It is your sole responsibility to independently verify any facts, statements, or claims prior to acting upon them. Ainvest Fintech Inc expressly disclaims all liability for any loss, damage, or harm arising from the use of or reliance on AI-generated content, including but not limited to direct, indirect, incidental, or consequential damages.
You Can Understand News Better with AI.
Whats the News impact on stock market?
Its impact is
fork
logo
AInvest
Aime Coplilot
Invest Smarter With AI Power.
Open App