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MGM Held Talks With Apple and Netflix to Gauge Interest in Acquisition

MGM held preliminary talks with Apple, Netflix, and different massive media corporations to gauge their curiosity in a potential acquisition, experiences
CNBC
.

The report confirms one other report from
The Wall Avenue Journal

final month
that recommended Apple was exploring offers for MGM Holdings content material, although the talks had “but to succeed in a complicated stage.”


A take care of MGM would doubtlessly supply Apple an enormous catalog of content material so as to add to
Apple TV Plus
. MGM owns the James Bond franchise and is accountable for a number of hit TV exhibits like “The Handmaid’s Story,” which at present airs on Hulu. It additionally owns Epix and the rights to films like “Rocky” and “Mad Max.”

There is no phrase on when and if MGM and Apple would possibly attain some sort of deal, and all corporations declined to touch upon the continued talks.

Proper now, Apple is behind different streaming media companies.
Apple TV
+ contains a handful of unique Apple exhibits, like “The Morning Present,” “For All Mankind,” “Servant,” and “See.” Among the exhibits have been nominated for rewards and have confirmed common, however Apple has a protracted approach to go to have the ability to compete with the bigger catalogs accessible from Netflix, Hulu, and Disney+.

Disney higher not be the customer

You suppose Apple can afford Disney? Uncertain. It’d be good to see Apple get some again catalog. That’s what they’re lacking. Nothing to do after originals are performed.

Disney market cap is simply 245 billion? Apple would solely want half. They might theoretically do it with money, no?

About Juli Clover

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