Apple said to premiere films in theatres before their Apple TV+ release

By: |
September 27, 2019 5:53 PM

Apple last year inked a multi-year deal with A24, the studio behind Oscar-winning projects "Moonlight" and "Amy."

Apple Inc is planning to show feature-length films in theatres before releasing them on its streaming TV service, the Wall Street Journal reported on Friday, citing people familiar with the plans.

Apple plans to launch its streaming service called Apple TV+ on November 1 for $5 a month (Rs 99 in India) to compete with rivals such as Netflix Inc and Walt Disney’s upcoming streaming offering, Disney+. Both the rivals have deeper libraries and years of experience in making hit shows.

Sofia Coppola’s “On the Rocks,” produced in partnership with A24 movie studio, will be among Apple’s first major theatrical releases and the company is eyeing a mid-2020 release, according to the report.

Apple last year inked a multi-year deal with A24, the studio behind Oscar-winning projects “Moonlight” and “Amy.”
Apple did not immediately respond to a Reuters request for comment.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Steel makers hike hot-rolled coil prices by 6%
2IDBI Bank puts home loan, LAP, corporate NPAs worth around Rs 970 cr on sale
3CIL banks on supplies to non-power sector to expand sales