Tim Cook Hobnobs With Martin Scorsese At Special 'Killers Of The Flower Moon' Screening As Apple Expands Into Cinematic Limelight
Portfolio Pulse from Ananya Gairola
Apple Inc. (NASDAQ:AAPL) CEO Tim Cook attended a special screening of Martin Scorsese's latest film, 'Killers of the Flower Moon', which is set to premiere in theaters this Friday. This marks Apple's strategic move into the traditional film industry with high-profile theatrical releases. The film will be available for streaming on Apple TV+ after its worldwide theatrical release. This move challenges the streaming-first philosophy of industry leader Netflix Inc. (NASDAQ:NFLX).
October 20, 2023 | 6:20 am
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Apple's move into the traditional film industry challenges the streaming-first philosophy of Netflix.
Apple's move into the traditional film industry could potentially challenge Netflix's dominance in the streaming industry. This could have a negative impact on Netflix's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
POSITIVE IMPACT
Apple's move into the traditional film industry with high-profile theatrical releases could potentially increase its visibility and subscriber base for Apple TV+.
Apple's move into the traditional film industry could potentially increase its visibility and subscriber base for Apple TV+. This could have a positive impact on its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100