Bloomberg reports that Apple plans to spend $1 billion a year to produce movies that will be released in theaters as it tries to raise its profile in Hollywood. Apple could look to partner with famed director Martin Scorsese.
Bloomberg discusses this move in the video above.
We live in a world where facts and fiction get blurred
In times of uncertainty you need journalism you can trust. For 14 free days, you can have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won’t be billed.