![]() ![]() ![]() Discovery recently shared that it intends to release more exclusive titles in theaters. For instance, Amazon, which acquired Metro-Goldwyn-Mayer in 2022, also reportedly plans to spend $1 billion per year on movies for theaters and aims to produce between 12 and 15 theatrical releases annually. If Apple were to move forward with the plan, it could put the streamer in closer competition with other streaming services. Paramount will distribute “Killers of the Flower Moon” to cinemas worldwide for a few months before the title premieres exclusively on Apple TV+. However, the Scorsese film is somewhat separate, reported 9to5Mac, as Apple apparently paid about $200 million on the production rights from Paramount a couple of years ago. Some possible releases, Bloomberg wrote, include Martin Scorsese’s “Killers of the Flower Moon,” starring Leonardo DiCaprio Ridley Scott’s “Napoleon” and the spy thriller “Argylle.” The company also declined to comment to Bloomberg. However, the company wants to put films in thousands of theaters for at least one month.Īpple declined to comment to TechCrunch. So, the potential investment would be a notable increase and signals a major shift in the streamer’s strategy.Īccording to Bloomberg, which reported the news, anonymous sources say that the Apple plans aren’t finalized yet. Typically, Apple’s original movies have either received small theatrical runs or been exclusive to Apple TV+. Apple may be partnering with studios to put more titles in theaters, a plan that could cost $1 billion a year. ![]()
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