As more and more major players wade into the streaming war , company are likely face for path to radiate their offerings either through big bucks or attainment . According to two reports , both Apple and Netflix may be looking to exploit MGM ’s catalog to beef up their respective streaming armed service .
Last month , theWall Street Journalreported that Apple had hold get together with MGM about a potential acquisition of the studio ’s assets . This week , CNBCreported that both Apple and Netflix were among multiple companies that held “ preliminary ” discussions with MGM about such a batch , citing two sources familiar with the issue . While CNBC mark that such a deal would be somewhat uncharacteristic of both companies , it also pointed to the fact that both TV+ and Netflix are expect to rage up their depicted object offerings in social club to compete against rival with mega - merger catalogue .
In December , the Journal reported that Apple held discussions with MGM as the studio was seem for statistical distribution partners for its premium content product Epix . While the paper report at the time that Apple did n’t have interest in the Epix offering , top Apple executive Eddy Cue reportedly discussed possibly acquiring MGM in a mint that could be worth up to $ 10 billion .
Image: Apple
example for Netflix , Apple , and MGM did not immediately return Gizmodo ’s asking for comment about the reported talks .
MGM ’s catalog includes the James Bond dealership as well as popular series like The Handmaid ’s Tale , the A&E series Live PD , and VH1 ’s Love and Hip Hop , in addition to its decade of film deed . Both Apple and Netflix may have different motive for snatch up up a legacy studio apartment , but that either is looking at such an acquisition is n’t specially surprising .
Apple launch its TV+ service late last twelvemonth with an extremely pocket-sized content offer . The idea , asexecutives notedprior to its launching , was to pore on producing a small number of serial of a much higher bore than , say , Netflix — which choose to churn out as much content as potential when producing its own originals . But that meant that Apple fructify its own bar exceptionally high , and not all of its appearance make that mark . You ca n’t be everything to everyone at once , which Apple seems to be figuring out the unvoiced way .
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