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    The Truth Podcast #18 Robot Heart

Art and Culture

APPLE TO INVEST $1 BILLION YEARLY ON MOVIE PRODUCTION

todayApril 1, 2023 3

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Tech giant Apple plans to spend one billion dollar yearly on movie production. The investment is part of the company’s effort to boost its streaming platform Apple TV and expand it’s capacity in Hollywood.

Bloomberg reports that Apple has approached different movie studio for partnership on a list of potential movies which includes; Killer of the Flower Moon, Argylle and Napoleon.

 

The company projects double of the size of it’s recent streams which is estimated between 40 million by the end of the year.

Written by: Mohsin Alam

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