Apple has engaged with some big movie studios, discussing the possibility of licensing agreements with them to get additional films, Bloomberg reported.
Apple is reportedly seeking to show more licensed movies on its Apple TV+ streaming platform. The tech giant has engaged with some big movie studios, discussing the possibility of licensing agreements with them to get additional films, Bloomberg reported.
The outlet cited unnamed sources. That effort was spurred by Apple’s licensing of dozens of movies in the spring proving fruitful for the tech giant and its Apple TV+ service, according to the outlet. Among the previously-licensed movies it streamed on Apple TV+ were "Titanic," "Argo" and "Mean Girls." APPLE HITS ALL-TIME HIGH AS MORGAN STANLEY TOUTS STOCK AS ‘TOP PICK’ FOR AI Apple has reportedly sought domestic and international rights from movie studios during the talks. FOX Business reached out to Apple for comment on Bloomberg’s report. Apple, which has largely used original television and film content to fill Apple TV+, competes with Netflix, Max, Disney+ and other platforms. COMCAST REVEALS PRICE FOR PEACOCK, NETFLIX AND APPLE TV+ STREAMING BUNDLE Some services have made large swathes of licensed content available to their subscribers on top of their own productions. Live sports have also become more common on streaming platforms. Apple TV+ has "Friday Night Baseball" through a deal with Major League Baseball and "MSL Season Pass" via a partnership with Major League Soccer. The latter requires an add-on subscription. ANOTHER STREAMING GIANT JOINS THE PRICE HIKE BANDWAGON A membership to Apple TV+ itself carries a $9.99 per month price tag. It has been that price since October, when it implemented a $3 increase.
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