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Array ( [meta] => Array ( [ticker] => AAPL [name] => Apple Inc [exchange] => Array ( [exchange_short] => NASDAQ [exchange_long] => NASDAQ Stock Exchange [mic_code] => XNAS [country] => us [timezone_name] => America/New_York ) [found] => 1 [returned] => 1 ) [data] => Array ( [0] => Array ( [date] => 2022-05-03T16:00:00.000000Z [open] => 158.15 [high] => 160.71 [low] => 156.32 [close] => 159.48 [volume] => 88966526 ) ) ) Array ( [warnings] => Array ( [0] => limit is higher than your plan allows ) [meta] => Array ( [found] => 68733 [returned] => 2 [limit] => 2 [page] => 1 ) [data] => Array ( [0] => Array ( [uuid] => 020cdfbd-bb27-4e54-9ecb-b4c9d5a68612 [title] => Apple may spend billions on theatrical movies, Premier League: reports [description] => Apple Inc. is planning to spend $1 billion a year on movies that will be shown in theaters, according to a new report, as part of a bid to boost subscribers... [keywords] => article_normal, Computers/Consumer Electronics, Motor Vehicles, Passenger Cars, Automotive, Internet/Online Services, Leisure/Arts, Media, Technology, Corporate/Industrial News, Political/General News, Arts/Entertainment, Movies, Soccer, Sports, Content Types, Factiva Filters, C&E Exclusion Filter, Routine General News, Apple Inc., AAPL, corporate, industrial news, political, general news, arts, entertainment, movies, soccer, sports, content types, factiva filters, c&e exclusion filter, routine general news, computers, consumer electronics, motor vehicles, passenger cars, automotive, internet, online services, leisure, media, technology [snippet] => Apple Inc. is planning to spend $1 billion a year on movies that will be shown in theaters, according to a new report, as part of a bid to boost subscribers for... [url] => https://www.marketwatch.com/story/apple-may-spend-billions-on-theatrical-movies-premier-league-reports-5e3f9d6f [image_url] => https://images.mktw.net/im-750247/social [language] => en [published_at] => 2023-03-24T04:31:00.000000Z [source] => marketwatch.com [relevance_score] => [entities] => Array ( [0] => Array ( [symbol] => AAPL [name] => Apple Inc. [exchange] => NASDAQ [exchange_long] => NASDAQ Stock Exchange [country] => us [type] => equity [industry] => Technology [match_score] => 29.899178 [sentiment_score] => 0.437775 [highlights] => Array ( [0] => Array ( [highlight] => Apple Inc. is planning to spend $1 billion a year on movies that will be shown in theaters, according to a new report, as part of a bid to boost subscribers for its streaming service and become a bigger player in Hollywood. [sentiment] => 0.4019 [highlighted_in] => main_text ) [1] => Array ( [highlight] => Bloomberg News reported Thursday that Apple AAPL, +0.70% plans to significantly boost its spending on movies, and is approaching movie studios for theatrical distribution deals. [sentiment] => 0.4019 [highlighted_in] => main_text ) [2] => Array ( [highlight] => Apple has an impressive movie business, and won an Oscar for best picture in 2022 for “CODA,” but has largely kept its movies streaming only, with some limited-release exceptions in order to qualify for awards or to appease its high-priced talent. [sentiment] => 0.9473 [highlighted_in] => main_text ) [3] => Array ( [highlight] => Apple may spend billions on theatrical movies, Premier League: reports [sentiment] => 0 [highlighted_in] => title ) ) ) ) [similar] => Array ( [0] => Array ( [uuid] => ca4db770-3547-49e7-8644-0d3272fe74c9 [title] => Apple to spend $1 billion a year on films to break into cinemas [description] => Apple has approached movie studios about partnering to release a few titles in theaters this year and a slate of more films in the future, said the people, who asked not to be identified because the plans are private. [keywords] => [snippet] => In this photo illustration a Apple TV+ logo seen displayed on a smartphone. Photographer: Mateusz Slodkowski/SOPA Images/LightRocket/Getty Images Apple Inc. pl... [url] => https://www.moneycontrol.com/news/world/apple-to-spend-1-billion-a-year-on-films-to-break-into-cinemas-10302561.html [image_url] => https://images.moneycontrol.com/static-mcnews/2023/03/396851239-770x433.jpg [language] => en [published_at] => 2023-03-24T03:50:48.000000Z [source] => moneycontrol.com [relevance_score] => [entities] => Array ( [0] => Array ( [symbol] => A2MC34.SA [name] => AMC Entertainment Holdings, Inc. [exchange] => BVMF [exchange_long] => The B3 S.A. - Brasil, Bolsa, Balcão [country] => br [type] => equity [industry] => Communication Services [match_score] => 28.674849 [sentiment_score] => -0.7506 [highlights] => Array ( [0] => Array ( [highlight] => AMC Entertainment Holdings Inc., the world’s largest cinema operator, has sought to raise more cash by selling shares, while rival Cineworld Group Plc filed for bankruptcy last year. The chains have repeatedly blamed the dearth of available films from studios for their woes, rather than moviegoers’ lack of interest in returning to theaters. [sentiment] => -0.7506 [highlighted_in] => main_text ) ) ) [1] => Array ( [symbol] => AAPL [name] => Apple Inc. [exchange] => NASDAQ [exchange_long] => NASDAQ Stock Exchange [country] => us [type] => equity [industry] => Technology [match_score] => 22.878485 [sentiment_score] => 0.315655 [highlights] => Array ( [0] => Array ( [highlight] => In this photo illustration a Apple TV+ logo seen displayed on a smartphone. [sentiment] => 0 [highlighted_in] => main_text ) [1] => Array ( [highlight] => Photographer: Mateusz Slodkowski/SOPA Images/LightRocket/Getty Images Apple Inc. plans to spend $1 billion a year to produce movies that will be released in theaters, according to people familiar with the company’s plans, part of an ambitious effort to raise its profile in Hollywood and lure subscribers to its streaming service. [sentiment] => 0.4767 [highlighted_in] => main_text ) [2] => Array ( [highlight] => Apple has approached movie studios about partnering to release a few titles in theaters this year and a slate of more films in the future, said the people, who asked not to be identified because the plans are private. [sentiment] => 0 [highlighted_in] => main_text ) [3] => Array ( [highlight] => A spokesperson for Apple declined to comment. The investment is a significant increase from years past. Most of Apple’s previous original movies have either been exclusive to the streaming service or released in a limited number of theaters. [sentiment] => 0.6486 [highlighted_in] => main_text ) [4] => Array ( [highlight] => Apple TV+ is estimated to have between 20 million and 40 million subscribers, fewer than rivals such as Netflix and Disney+. Apple still hasn’t figured out how it will distribute these movies in theaters. [sentiment] => 0 [highlighted_in] => main_text ) [5] => Array ( [highlight] => But first, Apple needs to come to terms on distribution fees and marketing budgets with potential partners. Movie studios can spend $100 million or more to market their biggest titles, far more than streaming services spend promoting new shows or movies. [sentiment] => 0.3612 [highlighted_in] => main_text ) [6] => Array ( [highlight] => The studio hasn’t agreed to distribute other titles for Apple. Like most streaming services, Apple TV+ spends more of its budget on TV shows. Its first huge hit was the comedy series Ted Lasso. [sentiment] => 0.8126 [highlighted_in] => main_text ) [7] => Array ( [highlight] => Yet Apple has been funding movies from the inception of its Hollywood studio and the smartphone maker’s ambitions in film have grown since it won an Academy Award for best picture for 2021’s CODA. Apple acquired that movie at the Sundance Film Festival for a record $25 million and distributed it simultaneously in theaters and on TV+. [sentiment] => 0.9393 [highlighted_in] => main_text ) [8] => Array ( [highlight] => Apple didn’t report its ticket sales. Tech giants Apple and Amazon.com Inc. are increasing their investment in entertainment at the same time they are cutting costs elsewhere. Amazon has fired thousands of workers, while Apple is cutting costs without letting staff go so far. [sentiment] => -0.2732 [highlighted_in] => main_text ) [9] => Array ( [highlight] => Netflix spends more on original movies than Amazon or Apple. [sentiment] => 0.507 [highlighted_in] => main_text ) [10] => Array ( [highlight] => Apple to spend $1 billion a year on films to break into cinemas [sentiment] => 0 [highlighted_in] => title ) ) ) [2] => Array ( [symbol] => AMZN [name] => Amazon.com, Inc. [exchange] => NASDAQ [exchange_long] => NASDAQ Stock Exchange [country] => us [type] => equity [industry] => Consumer Cyclical [match_score] => 14.202045 [sentiment_score] => -0.296 [highlights] => Array ( [0] => Array ( [highlight] => Tech giants Apple and Amazon.com Inc. are increasing their investment in entertainment at the same time they are cutting costs elsewhere. Amazon has fired thousands of workers, while Apple is cutting costs without letting staff go so far. Apple’s plans will boost theater chains still struggling to recover from the pandemic. [sentiment] => -0.296 [highlighted_in] => main_text ) ) ) [3] => Array ( [symbol] => DISCA [name] => Discovery, Inc. [exchange] => NASDAQ [exchange_long] => NASDAQ Stock Exchange [country] => us [type] => equity [industry] => Communication Services [match_score] => 7.828279 [sentiment_score] => 0.0772 [highlights] => Array ( [0] => Array ( [highlight] => Discovery Inc. are looking to increase their output of movies for theaters after experimenting with distributing films on streaming services alone. The one outlier in this return to the theaters is Netflix Inc., which wants its movies to appear in theaters and online at the same time, or within a couple weeks. [sentiment] => 0.0772 [highlighted_in] => main_text ) ) ) [4] => Array ( [symbol] => NFLX [name] => Netflix, Inc. [exchange] => NASDAQ [exchange_long] => NASDAQ Stock Exchange [country] => us [type] => equity [industry] => Communication Services [match_score] => 13.575872 [sentiment_score] => 0.1341 [highlights] => Array ( [0] => Array ( [highlight] => Apple TV+ is estimated to have between 20 million and 40 million subscribers, fewer than rivals such as Netflix and Disney+. Apple still hasn’t figured out how it will distribute these movies in theaters. [sentiment] => 0 [highlighted_in] => main_text ) [1] => Array ( [highlight] => The one outlier in this return to the theaters is Netflix Inc., which wants its movies to appear in theaters and online at the same time, or within a couple weeks. Major cinema chains have refused this arrangement. Netflix spends more on original movies than Amazon or Apple. [sentiment] => 0.2682 [highlighted_in] => main_text ) ) ) [5] => Array ( [symbol] => AAPL.BA [name] => Apple Inc. [exchange] => BCBA [exchange_long] => Buenos Aires Stock Exchange [country] => ar [type] => equity [industry] => Technology [match_score] => 22.878555 [sentiment_score] => 0.315655 [highlights] => Array ( [0] => Array ( [highlight] => In this photo illustration a Apple TV+ logo seen displayed on a smartphone. [sentiment] => 0 [highlighted_in] => main_text ) [1] => Array ( [highlight] => Photographer: Mateusz Slodkowski/SOPA Images/LightRocket/Getty Images Apple Inc. plans to spend $1 billion a year to produce movies that will be released in theaters, according to people familiar with the company’s plans, part of an ambitious effort to raise its profile in Hollywood and lure subscribers to its streaming service. [sentiment] => 0.4767 [highlighted_in] => main_text ) [2] => Array ( [highlight] => Apple has approached movie studios about partnering to release a few titles in theaters this year and a slate of more films in the future, said the people, who asked not to be identified because the plans are private. [sentiment] => 0 [highlighted_in] => main_text ) [3] => Array ( [highlight] => A spokesperson for Apple declined to comment. The investment is a significant increase from years past. Most of Apple’s previous original movies have either been exclusive to the streaming service or released in a limited number of theaters. [sentiment] => 0.6486 [highlighted_in] => main_text ) [4] => Array ( [highlight] => Apple TV+ is estimated to have between 20 million and 40 million subscribers, fewer than rivals such as Netflix and Disney+. Apple still hasn’t figured out how it will distribute these movies in theaters. [sentiment] => 0 [highlighted_in] => main_text ) [5] => Array ( [highlight] => But first, Apple needs to come to terms on distribution fees and marketing budgets with potential partners. Movie studios can spend $100 million or more to market their biggest titles, far more than streaming services spend promoting new shows or movies. [sentiment] => 0.3612 [highlighted_in] => main_text ) [6] => Array ( [highlight] => The studio hasn’t agreed to distribute other titles for Apple. Like most streaming services, Apple TV+ spends more of its budget on TV shows. Its first huge hit was the comedy series Ted Lasso. [sentiment] => 0.8126 [highlighted_in] => main_text ) [7] => Array ( [highlight] => Yet Apple has been funding movies from the inception of its Hollywood studio and the smartphone maker’s ambitions in film have grown since it won an Academy Award for best picture for 2021’s CODA. Apple acquired that movie at the Sundance Film Festival for a record $25 million and distributed it simultaneously in theaters and on TV+. [sentiment] => 0.9393 [highlighted_in] => main_text ) [8] => Array ( [highlight] => Apple didn’t report its ticket sales. Tech giants Apple and Amazon.com Inc. are increasing their investment in entertainment at the same time they are cutting costs elsewhere. Amazon has fired thousands of workers, while Apple is cutting costs without letting staff go so far. [sentiment] => -0.2732 [highlighted_in] => main_text ) [9] => Array ( [highlight] => Netflix spends more on original movies than Amazon or Apple. [sentiment] => 0.507 [highlighted_in] => main_text ) [10] => Array ( [highlight] => Apple to spend $1 billion a year on films to break into cinemas [sentiment] => 0 [highlighted_in] => title ) ) ) [6] => Array ( [symbol] => NFLX.BA [name] => Netflix, Inc. [exchange] => BCBA [exchange_long] => Buenos Aires Stock Exchange [country] => ar [type] => equity [industry] => Communication Services [match_score] => 13.575877 [sentiment_score] => 0.1341 [highlights] => Array ( [0] => Array ( [highlight] => Apple TV+ is estimated to have between 20 million and 40 million subscribers, fewer than rivals such as Netflix and Disney+. Apple still hasn’t figured out how it will distribute these movies in theaters. [sentiment] => 0 [highlighted_in] => main_text ) [1] => Array ( [highlight] => The one outlier in this return to the theaters is Netflix Inc., which wants its movies to appear in theaters and online at the same time, or within a couple weeks. Major cinema chains have refused this arrangement. Netflix spends more on original movies than Amazon or Apple. [sentiment] => 0.2682 [highlighted_in] => main_text ) ) ) [7] => Array ( [symbol] => NFLXD.BA [name] => NETFLIX INC [exchange] => BCBA [exchange_long] => Buenos Aires Stock Exchange [country] => ar [type] => equity [industry] => N/A [match_score] => 13.575877 [sentiment_score] => 0.1341 [highlights] => Array ( [0] => Array ( [highlight] => Apple TV+ is estimated to have between 20 million and 40 million subscribers, fewer than rivals such as Netflix and Disney+. Apple still hasn’t figured out how it will distribute these movies in theaters. [sentiment] => 0 [highlighted_in] => main_text ) [1] => Array ( [highlight] => The one outlier in this return to the theaters is Netflix Inc., which wants its movies to appear in theaters and online at the same time, or within a couple weeks. Major cinema chains have refused this arrangement. Netflix spends more on original movies than Amazon or Apple. [sentiment] => 0.2682 [highlighted_in] => main_text ) ) ) [8] => Array ( [symbol] => DISND.BA [name] => WALT DISNEY CO. [exchange] => BCBA [exchange_long] => Buenos Aires Stock Exchange [country] => ar [type] => equity [industry] => N/A [match_score] => 21.282854 [sentiment_score] => 0.0772 [highlights] => Array ( [0] => Array ( [highlight] => Paramount, Walt Disney Co. and Warner Bros. Discovery Inc. are looking to increase their output of movies for theaters after experimenting with distributing films on streaming services alone. [sentiment] => 0.0772 [highlighted_in] => main_text ) ) ) [9] => Array ( [symbol] => AAPLD.BA [name] => APPLE INC [exchange] => BCBA [exchange_long] => Buenos Aires Stock Exchange [country] => ar [type] => equity [industry] => N/A [match_score] => 22.878555 [sentiment_score] => 0.315655 [highlights] => Array ( [0] => Array ( [highlight] => In this photo illustration a Apple TV+ logo seen displayed on a smartphone. [sentiment] => 0 [highlighted_in] => main_text ) [1] => Array ( [highlight] => Photographer: Mateusz Slodkowski/SOPA Images/LightRocket/Getty Images Apple Inc. plans to spend $1 billion a year to produce movies that will be released in theaters, according to people familiar with the company’s plans, part of an ambitious effort to raise its profile in Hollywood and lure subscribers to its streaming service. [sentiment] => 0.4767 [highlighted_in] => main_text ) [2] => Array ( [highlight] => Apple has approached movie studios about partnering to release a few titles in theaters this year and a slate of more films in the future, said the people, who asked not to be identified because the plans are private. [sentiment] => 0 [highlighted_in] => main_text ) [3] => Array ( [highlight] => A spokesperson for Apple declined to comment. The investment is a significant increase from years past. Most of Apple’s previous original movies have either been exclusive to the streaming service or released in a limited number of theaters. [sentiment] => 0.6486 [highlighted_in] => main_text ) [4] => Array ( [highlight] => Apple TV+ is estimated to have between 20 million and 40 million subscribers, fewer than rivals such as Netflix and Disney+. Apple still hasn’t figured out how it will distribute these movies in theaters. [sentiment] => 0 [highlighted_in] => main_text ) [5] => Array ( [highlight] => But first, Apple needs to come to terms on distribution fees and marketing budgets with potential partners. Movie studios can spend $100 million or more to market their biggest titles, far more than streaming services spend promoting new shows or movies. [sentiment] => 0.3612 [highlighted_in] => main_text ) [6] => Array ( [highlight] => The studio hasn’t agreed to distribute other titles for Apple. Like most streaming services, Apple TV+ spends more of its budget on TV shows. Its first huge hit was the comedy series Ted Lasso. [sentiment] => 0.8126 [highlighted_in] => main_text ) [7] => Array ( [highlight] => Yet Apple has been funding movies from the inception of its Hollywood studio and the smartphone maker’s ambitions in film have grown since it won an Academy Award for best picture for 2021’s CODA. Apple acquired that movie at the Sundance Film Festival for a record $25 million and distributed it simultaneously in theaters and on TV+. [sentiment] => 0.9393 [highlighted_in] => main_text ) [8] => Array ( [highlight] => Apple didn’t report its ticket sales. Tech giants Apple and Amazon.com Inc. are increasing their investment in entertainment at the same time they are cutting costs elsewhere. Amazon has fired thousands of workers, while Apple is cutting costs without letting staff go so far. [sentiment] => -0.2732 [highlighted_in] => main_text ) [9] => Array ( [highlight] => Netflix spends more on original movies than Amazon or Apple. [sentiment] => 0.507 [highlighted_in] => main_text ) [10] => Array ( [highlight] => Apple to spend $1 billion a year on films to break into cinemas [sentiment] => 0 [highlighted_in] => title ) ) ) [10] => Array ( [symbol] => AAPLC.BA [name] => APPLE INC [exchange] => BCBA [exchange_long] => Buenos Aires Stock Exchange [country] => ar [type] => equity [industry] => N/A [match_score] => 22.878551 [sentiment_score] => 0.315655 [highlights] => Array ( [0] => Array ( [highlight] => In this photo illustration a Apple TV+ logo seen displayed on a smartphone. [sentiment] => 0 [highlighted_in] => main_text ) [1] => Array ( [highlight] => Photographer: Mateusz Slodkowski/SOPA Images/LightRocket/Getty Images Apple Inc. plans to spend $1 billion a year to produce movies that will be released in theaters, according to people familiar with the company’s plans, part of an ambitious effort to raise its profile in Hollywood and lure subscribers to its streaming service. [sentiment] => 0.4767 [highlighted_in] => main_text ) [2] => Array ( [highlight] => Apple has approached movie studios about partnering to release a few titles in theaters this year and a slate of more films in the future, said the people, who asked not to be identified because the plans are private. [sentiment] => 0 [highlighted_in] => main_text ) [3] => Array ( [highlight] => A spokesperson for Apple declined to comment. The investment is a significant increase from years past. Most of Apple’s previous original movies have either been exclusive to the streaming service or released in a limited number of theaters. [sentiment] => 0.6486 [highlighted_in] => main_text ) [4] => Array ( [highlight] => Apple TV+ is estimated to have between 20 million and 40 million subscribers, fewer than rivals such as Netflix and Disney+. Apple still hasn’t figured out how it will distribute these movies in theaters. [sentiment] => 0 [highlighted_in] => main_text ) [5] => Array ( [highlight] => But first, Apple needs to come to terms on distribution fees and marketing budgets with potential partners. Movie studios can spend $100 million or more to market their biggest titles, far more than streaming services spend promoting new shows or movies. [sentiment] => 0.3612 [highlighted_in] => main_text ) [6] => Array ( [highlight] => The studio hasn’t agreed to distribute other titles for Apple. Like most streaming services, Apple TV+ spends more of its budget on TV shows. Its first huge hit was the comedy series Ted Lasso. [sentiment] => 0.8126 [highlighted_in] => main_text ) [7] => Array ( [highlight] => Yet Apple has been funding movies from the inception of its Hollywood studio and the smartphone maker’s ambitions in film have grown since it won an Academy Award for best picture for 2021’s CODA. Apple acquired that movie at the Sundance Film Festival for a record $25 million and distributed it simultaneously in theaters and on TV+. [sentiment] => 0.9393 [highlighted_in] => main_text ) [8] => Array ( [highlight] => Apple didn’t report its ticket sales. Tech giants Apple and Amazon.com Inc. are increasing their investment in entertainment at the same time they are cutting costs elsewhere. Amazon has fired thousands of workers, while Apple is cutting costs without letting staff go so far. [sentiment] => -0.2732 [highlighted_in] => main_text ) [9] => Array ( [highlight] => Netflix spends more on original movies than Amazon or Apple. [sentiment] => 0.507 [highlighted_in] => main_text ) [10] => Array ( [highlight] => Apple to spend $1 billion a year on films to break into cinemas [sentiment] => 0 [highlighted_in] => title ) ) ) [11] => Array ( [symbol] => DISNC.BA [name] => WALT DISNEY CO. [exchange] => BCBA [exchange_long] => Buenos Aires Stock Exchange [country] => ar [type] => equity [industry] => N/A [match_score] => 21.282846 [sentiment_score] => 0.0772 [highlights] => Array ( [0] => Array ( [highlight] => Paramount, Walt Disney Co. and Warner Bros. Discovery Inc. are looking to increase their output of movies for theaters after experimenting with distributing films on streaming services alone. [sentiment] => 0.0772 [highlighted_in] => main_text ) ) ) [12] => Array ( [symbol] => AMC [name] => AMC Entertainment Holdings, Inc. [exchange] => NYSE [exchange_long] => New York Stock Exchange [country] => us [type] => equity [industry] => Communication Services [match_score] => 28.675077 [sentiment_score] => -0.7506 [highlights] => Array ( [0] => Array ( [highlight] => AMC Entertainment Holdings Inc., the world’s largest cinema operator, has sought to raise more cash by selling shares, while rival Cineworld Group Plc filed for bankruptcy last year. The chains have repeatedly blamed the dearth of available films from studios for their woes, rather than moviegoers’ lack of interest in returning to theaters. [sentiment] => -0.7506 [highlighted_in] => main_text ) ) ) [13] => Array ( [symbol] => AMZN.SN [name] => Amazon.com, Inc. [exchange] => SSE [exchange_long] => Santiago Stock Exchange [country] => cl [type] => equity [industry] => Consumer Cyclical [match_score] => 14.202009 [sentiment_score] => -0.296 [highlights] => Array ( [0] => Array ( [highlight] => Tech giants Apple and Amazon.com Inc. are increasing their investment in entertainment at the same time they are cutting costs elsewhere. Amazon has fired thousands of workers, while Apple is cutting costs without letting staff go so far. Apple’s plans will boost theater chains still struggling to recover from the pandemic. [sentiment] => -0.296 [highlighted_in] => main_text ) ) ) [14] => Array ( [symbol] => AAPLCL.SN [name] => APPLE INC [exchange] => SSE [exchange_long] => Santiago Stock Exchange [country] => cl [type] => equity [industry] => N/A [match_score] => 22.878405 [sentiment_score] => 0.315655 [highlights] => Array ( [0] => Array ( [highlight] => In this photo illustration a Apple TV+ logo seen displayed on a smartphone. [sentiment] => 0 [highlighted_in] => main_text ) [1] => Array ( [highlight] => Photographer: Mateusz Slodkowski/SOPA Images/LightRocket/Getty Images Apple Inc. plans to spend $1 billion a year to produce movies that will be released in theaters, according to people familiar with the company’s plans, part of an ambitious effort to raise its profile in Hollywood and lure subscribers to its streaming service. [sentiment] => 0.4767 [highlighted_in] => main_text ) [2] => Array ( [highlight] => Apple has approached movie studios about partnering to release a few titles in theaters this year and a slate of more films in the future, said the people, who asked not to be identified because the plans are private. [sentiment] => 0 [highlighted_in] => main_text ) [3] => Array ( [highlight] => A spokesperson for Apple declined to comment. The investment is a significant increase from years past. Most of Apple’s previous original movies have either been exclusive to the streaming service or released in a limited number of theaters. [sentiment] => 0.6486 [highlighted_in] => main_text ) [4] => Array ( [highlight] => Apple TV+ is estimated to have between 20 million and 40 million subscribers, fewer than rivals such as Netflix and Disney+. Apple still hasn’t figured out how it will distribute these movies in theaters. [sentiment] => 0 [highlighted_in] => main_text ) [5] => Array ( [highlight] => But first, Apple needs to come to terms on distribution fees and marketing budgets with potential partners. Movie studios can spend $100 million or more to market their biggest titles, far more than streaming services spend promoting new shows or movies. [sentiment] => 0.3612 [highlighted_in] => main_text ) [6] => Array ( [highlight] => The studio hasn’t agreed to distribute other titles for Apple. Like most streaming services, Apple TV+ spends more of its budget on TV shows. Its first huge hit was the comedy series Ted Lasso. [sentiment] => 0.8126 [highlighted_in] => main_text ) [7] => Array ( [highlight] => Yet Apple has been funding movies from the inception of its Hollywood studio and the smartphone maker’s ambitions in film have grown since it won an Academy Award for best picture for 2021’s CODA. Apple acquired that movie at the Sundance Film Festival for a record $25 million and distributed it simultaneously in theaters and on TV+. [sentiment] => 0.9393 [highlighted_in] => main_text ) [8] => Array ( [highlight] => Apple didn’t report its ticket sales. Tech giants Apple and Amazon.com Inc. are increasing their investment in entertainment at the same time they are cutting costs elsewhere. Amazon has fired thousands of workers, while Apple is cutting costs without letting staff go so far. [sentiment] => -0.2732 [highlighted_in] => main_text ) [9] => Array ( [highlight] => Netflix spends more on original movies than Amazon or Apple. [sentiment] => 0.507 [highlighted_in] => main_text ) [10] => Array ( [highlight] => Apple to spend $1 billion a year on films to break into cinemas [sentiment] => 0 [highlighted_in] => title ) ) ) [15] => Array ( [symbol] => AAPL.SN [name] => Apple Inc. [exchange] => SSE [exchange_long] => Santiago Stock Exchange [country] => cl [type] => equity [industry] => Technology [match_score] => 22.878405 [sentiment_score] => 0.315655 [highlights] => Array ( [0] => Array ( [highlight] => In this photo illustration a Apple TV+ logo seen displayed on a smartphone. [sentiment] => 0 [highlighted_in] => main_text ) [1] => Array ( [highlight] => Photographer: Mateusz Slodkowski/SOPA Images/LightRocket/Getty Images Apple Inc. plans to spend $1 billion a year to produce movies that will be released in theaters, according to people familiar with the company’s plans, part of an ambitious effort to raise its profile in Hollywood and lure subscribers to its streaming service. [sentiment] => 0.4767 [highlighted_in] => main_text ) [2] => Array ( [highlight] => Apple has approached movie studios about partnering to release a few titles in theaters this year and a slate of more films in the future, said the people, who asked not to be identified because the plans are private. [sentiment] => 0 [highlighted_in] => main_text ) [3] => Array ( [highlight] => A spokesperson for Apple declined to comment. The investment is a significant increase from years past. Most of Apple’s previous original movies have either been exclusive to the streaming service or released in a limited number of theaters. [sentiment] => 0.6486 [highlighted_in] => main_text ) [4] => Array ( [highlight] => Apple TV+ is estimated to have between 20 million and 40 million subscribers, fewer than rivals such as Netflix and Disney+. Apple still hasn’t figured out how it will distribute these movies in theaters. [sentiment] => 0 [highlighted_in] => main_text ) [5] => Array ( [highlight] => But first, Apple needs to come to terms on distribution fees and marketing budgets with potential partners. Movie studios can spend $100 million or more to market their biggest titles, far more than streaming services spend promoting new shows or movies. [sentiment] => 0.3612 [highlighted_in] => main_text ) [6] => Array ( [highlight] => The studio hasn’t agreed to distribute other titles for Apple. Like most streaming services, Apple TV+ spends more of its budget on TV shows. Its first huge hit was the comedy series Ted Lasso. [sentiment] => 0.8126 [highlighted_in] => main_text ) [7] => Array ( [highlight] => Yet Apple has been funding movies from the inception of its Hollywood studio and the smartphone maker’s ambitions in film have grown since it won an Academy Award for best picture for 2021’s CODA. Apple acquired that movie at the Sundance Film Festival for a record $25 million and distributed it simultaneously in theaters and on TV+. [sentiment] => 0.9393 [highlighted_in] => main_text ) [8] => Array ( [highlight] => Apple didn’t report its ticket sales. Tech giants Apple and Amazon.com Inc. are increasing their investment in entertainment at the same time they are cutting costs elsewhere. Amazon has fired thousands of workers, while Apple is cutting costs without letting staff go so far. [sentiment] => -0.2732 [highlighted_in] => main_text ) [9] => Array ( [highlight] => Netflix spends more on original movies than Amazon or Apple. [sentiment] => 0.507 [highlighted_in] => main_text ) [10] => Array ( [highlight] => Apple to spend $1 billion a year on films to break into cinemas [sentiment] => 0 [highlighted_in] => title ) ) ) [16] => Array ( [symbol] => AMZNCL.SN [name] => Amazon.com, Inc. [exchange] => SSE [exchange_long] => Santiago Stock Exchange [country] => cl [type] => equity [industry] => N/A [match_score] => 14.201629 [sentiment_score] => -0.296 [highlights] => Array ( [0] => Array ( [highlight] => Tech giants Apple and Amazon.com Inc. are increasing their investment in entertainment at the same time they are cutting costs elsewhere. Amazon has fired thousands of workers, while Apple is cutting costs without letting staff go so far. Apple’s plans will boost theater chains still struggling to recover from the pandemic. [sentiment] => -0.296 [highlighted_in] => main_text ) ) ) [17] => Array ( [symbol] => CNK [name] => Cinemark Holdings, Inc. [exchange] => NYSE [exchange_long] => New York Stock Exchange [country] => us [type] => equity [industry] => Communication Services [match_score] => 25.769926 [sentiment_score] => 0.4522 [highlights] => Array ( [0] => Array ( [highlight] => —Geetha Ranganathan, senior analyst Theater stocks rose on the news, led by Cinemark Holdings Inc., which was up 6.5%. More help should be on the way. [sentiment] => 0.4522 [highlighted_in] => main_text ) ) ) [18] => Array ( [symbol] => CNNWF [name] => Cineworld Group plc [exchange] => OTC [exchange_long] => Over-the-counter Markets [country] => us [type] => equity [industry] => Communication Services [match_score] => 22.63723 [sentiment_score] => -0.7506 [highlights] => Array ( [0] => Array ( [highlight] => ., the world’s largest cinema operator, has sought to raise more cash by selling shares, while rival Cineworld Group Plc filed for bankruptcy last year. The chains have repeatedly blamed the dearth of available films from studios for their woes, rather than moviegoers’ lack of interest in returning to theaters. [sentiment] => -0.7506 [highlighted_in] => main_text ) ) ) [19] => Array ( [symbol] => CNWGY [name] => Cineworld Group plc [exchange] => OTC [exchange_long] => Over-the-counter Markets [country] => us [type] => equity [industry] => N/A [match_score] => 22.636486 [sentiment_score] => -0.7506 [highlights] => Array ( [0] => Array ( [highlight] => ., the world’s largest cinema operator, has sought to raise more cash by selling shares, while rival Cineworld Group Plc filed for bankruptcy last year. The chains have repeatedly blamed the dearth of available films from studios for their woes, rather than moviegoers’ lack of interest in returning to theaters. [sentiment] => -0.7506 [highlighted_in] => main_text ) ) ) [20] => Array ( [symbol] => AAPL.NE [name] => Apple Inc. [exchange] => NEO [exchange_long] => NEO Exchange [country] => ca [type] => equity [industry] => Technology [match_score] => 22.878868 [sentiment_score] => 0.315655 [highlights] => Array ( [0] => Array ( [highlight] => In this photo illustration a Apple TV+ logo seen displayed on a smartphone. [sentiment] => 0 [highlighted_in] => main_text ) [1] => Array ( [highlight] => Photographer: Mateusz Slodkowski/SOPA Images/LightRocket/Getty Images Apple Inc. plans to spend $1 billion a year to produce movies that will be released in theaters, according to people familiar with the company’s plans, part of an ambitious effort to raise its profile in Hollywood and lure subscribers to its streaming service. [sentiment] => 0.4767 [highlighted_in] => main_text ) [2] => Array ( [highlight] => Apple has approached movie studios about partnering to release a few titles in theaters this year and a slate of more films in the future, said the people, who asked not to be identified because the plans are private. [sentiment] => 0 [highlighted_in] => main_text ) [3] => Array ( [highlight] => A spokesperson for Apple declined to comment. The investment is a significant increase from years past. Most of Apple’s previous original movies have either been exclusive to the streaming service or released in a limited number of theaters. [sentiment] => 0.6486 [highlighted_in] => main_text ) [4] => Array ( [highlight] => Apple TV+ is estimated to have between 20 million and 40 million subscribers, fewer than rivals such as Netflix and Disney+. Apple still hasn’t figured out how it will distribute these movies in theaters. [sentiment] => 0 [highlighted_in] => main_text ) [5] => Array ( [highlight] => But first, Apple needs to come to terms on distribution fees and marketing budgets with potential partners. Movie studios can spend $100 million or more to market their biggest titles, far more than streaming services spend promoting new shows or movies. [sentiment] => 0.3612 [highlighted_in] => main_text ) [6] => Array ( [highlight] => The studio hasn’t agreed to distribute other titles for Apple. Like most streaming services, Apple TV+ spends more of its budget on TV shows. Its first huge hit was the comedy series Ted Lasso. [sentiment] => 0.8126 [highlighted_in] => main_text ) [7] => Array ( [highlight] => Yet Apple has been funding movies from the inception of its Hollywood studio and the smartphone maker’s ambitions in film have grown since it won an Academy Award for best picture for 2021’s CODA. Apple acquired that movie at the Sundance Film Festival for a record $25 million and distributed it simultaneously in theaters and on TV+. [sentiment] => 0.9393 [highlighted_in] => main_text ) [8] => Array ( [highlight] => Apple didn’t report its ticket sales. Tech giants Apple and Amazon.com Inc. are increasing their investment in entertainment at the same time they are cutting costs elsewhere. Amazon has fired thousands of workers, while Apple is cutting costs without letting staff go so far. [sentiment] => -0.2732 [highlighted_in] => main_text ) [9] => Array ( [highlight] => Netflix spends more on original movies than Amazon or Apple. [sentiment] => 0.507 [highlighted_in] => main_text ) [10] => Array ( [highlight] => Apple to spend $1 billion a year on films to break into cinemas [sentiment] => 0 [highlighted_in] => title ) ) ) ) ) [1] => Array ( [uuid] => f75a6ee0-130b-4dd3-a366-149a8376871c [title] => Apple to Spend Billions More on Entertainment [description] => Apple is in talks with film studios to partner on theatrical releases of several movies and has plans to increase its content budget by at least $1 billion per year. [keywords] => [snippet] => Apple Inc. (AAPL), the world's most valuable company, is mulling a billion-plus dollar foray into movie theaters and sports streaming in an attempt to drive sub... [url] => https://www.investopedia.com/apple-to-spend-billions-more-on-entertainment-7370447 [image_url] => https://www.investopedia.com/thmb/ABQgq_8taanDjyKEbSWQXiwfzfo=/1500x0/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1237558933-2ecb54550e324de38425451eaf3ba615.jpg [language] => en [published_at] => 2023-03-23T19:08:03.000000Z [source] => investopedia.com [relevance_score] => [entities] => Array ( [0] => Array ( [symbol] => AAPL.BA [name] => Apple Inc. [exchange] => BCBA [exchange_long] => Buenos Aires Stock Exchange [country] => ar [type] => equity [industry] => Technology [match_score] => 28.875591 [sentiment_score] => 0.615829 [highlights] => Array ( [0] => Array ( [highlight] => Apple Inc. (AAPL), the world's most valuable company, is mulling a billion-plus dollar foray into movie theaters and sports streaming in an attempt to drive subscriber growth for its Apple TV+ streaming platform. Key Takeaways Apple could spend more than $1 billion a year to ramp up its movie releases and sports streaming. [sentiment] => 0.7152 [highlighted_in] => main_text ) [1] => Array ( [highlight] => Previously, Apple has devoted most of its $6.5 billion film and TV budget to television programs. The move could help to drive viewers to Apple's streaming platform, Apple TV+, which lags far behind competitors like Amazon and Netflix. Apple is expected to spend $1 billion a year to produce movies for theatrical release. [sentiment] => 0.7269 [highlighted_in] => main_text ) [2] => Array ( [highlight] => The new plans constitute a significant increase in Apple's entertainment spending that could be part of an effort to draw more interest in Apple TV+, which lags behind rivals in subscriptions. Apple TV+ has an estimated 40 million subscribers, compared with at least 200 million each for Amazon's (AMZN) Prime Video and Netflix (NFLX). [sentiment] => 0.7693 [highlighted_in] => main_text ) [3] => Array ( [highlight] => Apple also lags behind rivals in content spending. The company spent about $6.5 billion on movies and television in 2021, while Amazon and Netflix spent $9 billion and $17 billion respectively. So far, Apple's greatest streaming success has been in television, with the acclaimed series Ted Lasso. [sentiment] => 0.8687 [highlighted_in] => main_text ) [4] => Array ( [highlight] => In each case, Apple and Amazon may attempt to drive streaming viewership by later releasing those films on their respective platforms. Apple's interest in adding English football games to its streaming platform follows last year's $2.5 billion 10-year streaming deal with U.S. Major League Soccer. [sentiment] => 0.7579 [highlighted_in] => main_text ) [5] => Array ( [highlight] => Terms of a potential deal between Apple and the UK's Premier League have not been disclosed. [sentiment] => 0 [highlighted_in] => main_text ) [6] => Array ( [highlight] => Apple to Spend Billions More on Entertainment [sentiment] => 0.4728 [highlighted_in] => title ) ) ) [1] => Array ( [symbol] => AAPLD.BA [name] => APPLE INC [exchange] => BCBA [exchange_long] => Buenos Aires Stock Exchange [country] => ar [type] => equity [industry] => N/A [match_score] => 28.875591 [sentiment_score] => 0.615829 [highlights] => Array ( [0] => Array ( [highlight] => Apple Inc. (AAPL), the world's most valuable company, is mulling a billion-plus dollar foray into movie theaters and sports streaming in an attempt to drive subscriber growth for its Apple TV+ streaming platform. Key Takeaways Apple could spend more than $1 billion a year to ramp up its movie releases and sports streaming. [sentiment] => 0.7152 [highlighted_in] => main_text ) [1] => Array ( [highlight] => Previously, Apple has devoted most of its $6.5 billion film and TV budget to television programs. The move could help to drive viewers to Apple's streaming platform, Apple TV+, which lags far behind competitors like Amazon and Netflix. Apple is expected to spend $1 billion a year to produce movies for theatrical release. [sentiment] => 0.7269 [highlighted_in] => main_text ) [2] => Array ( [highlight] => The new plans constitute a significant increase in Apple's entertainment spending that could be part of an effort to draw more interest in Apple TV+, which lags behind rivals in subscriptions. Apple TV+ has an estimated 40 million subscribers, compared with at least 200 million each for Amazon's (AMZN) Prime Video and Netflix (NFLX). [sentiment] => 0.7693 [highlighted_in] => main_text ) [3] => Array ( [highlight] => Apple also lags behind rivals in content spending. The company spent about $6.5 billion on movies and television in 2021, while Amazon and Netflix spent $9 billion and $17 billion respectively. So far, Apple's greatest streaming success has been in television, with the acclaimed series Ted Lasso. [sentiment] => 0.8687 [highlighted_in] => main_text ) [4] => Array ( [highlight] => In each case, Apple and Amazon may attempt to drive streaming viewership by later releasing those films on their respective platforms. Apple's interest in adding English football games to its streaming platform follows last year's $2.5 billion 10-year streaming deal with U.S. Major League Soccer. [sentiment] => 0.7579 [highlighted_in] => main_text ) [5] => Array ( [highlight] => Terms of a potential deal between Apple and the UK's Premier League have not been disclosed. [sentiment] => 0 [highlighted_in] => main_text ) [6] => Array ( [highlight] => Apple to Spend Billions More on Entertainment [sentiment] => 0.4728 [highlighted_in] => title ) ) ) [2] => Array ( [symbol] => AAPLC.BA [name] => APPLE INC [exchange] => BCBA [exchange_long] => Buenos Aires Stock Exchange [country] => ar [type] => equity [industry] => N/A [match_score] => 28.8755 [sentiment_score] => 0.615829 [highlights] => Array ( [0] => Array ( [highlight] => Apple Inc. (AAPL), the world's most valuable company, is mulling a billion-plus dollar foray into movie theaters and sports streaming in an attempt to drive subscriber growth for its Apple TV+ streaming platform. Key Takeaways Apple could spend more than $1 billion a year to ramp up its movie releases and sports streaming. [sentiment] => 0.7152 [highlighted_in] => main_text ) [1] => Array ( [highlight] => Previously, Apple has devoted most of its $6.5 billion film and TV budget to television programs. The move could help to drive viewers to Apple's streaming platform, Apple TV+, which lags far behind competitors like Amazon and Netflix. Apple is expected to spend $1 billion a year to produce movies for theatrical release. [sentiment] => 0.7269 [highlighted_in] => main_text ) [2] => Array ( [highlight] => The new plans constitute a significant increase in Apple's entertainment spending that could be part of an effort to draw more interest in Apple TV+, which lags behind rivals in subscriptions. Apple TV+ has an estimated 40 million subscribers, compared with at least 200 million each for Amazon's (AMZN) Prime Video and Netflix (NFLX). [sentiment] => 0.7693 [highlighted_in] => main_text ) [3] => Array ( [highlight] => Apple also lags behind rivals in content spending. The company spent about $6.5 billion on movies and television in 2021, while Amazon and Netflix spent $9 billion and $17 billion respectively. So far, Apple's greatest streaming success has been in television, with the acclaimed series Ted Lasso. [sentiment] => 0.8687 [highlighted_in] => main_text ) [4] => Array ( [highlight] => In each case, Apple and Amazon may attempt to drive streaming viewership by later releasing those films on their respective platforms. Apple's interest in adding English football games to its streaming platform follows last year's $2.5 billion 10-year streaming deal with U.S. Major League Soccer. [sentiment] => 0.7579 [highlighted_in] => main_text ) [5] => Array ( [highlight] => Terms of a potential deal between Apple and the UK's Premier League have not been disclosed. [sentiment] => 0 [highlighted_in] => main_text ) [6] => Array ( [highlight] => Apple to Spend Billions More on Entertainment [sentiment] => 0.4728 [highlighted_in] => title ) ) ) [3] => Array ( [symbol] => AAPLCL.SN [name] => APPLE INC [exchange] => SSE [exchange_long] => Santiago Stock Exchange [country] => cl [type] => equity [industry] => N/A [match_score] => 28.875164 [sentiment_score] => 0.615829 [highlights] => Array ( [0] => Array ( [highlight] => Apple Inc. (AAPL), the world's most valuable company, is mulling a billion-plus dollar foray into movie theaters and sports streaming in an attempt to drive subscriber growth for its Apple TV+ streaming platform. Key Takeaways Apple could spend more than $1 billion a year to ramp up its movie releases and sports streaming. [sentiment] => 0.7152 [highlighted_in] => main_text ) [1] => Array ( [highlight] => Previously, Apple has devoted most of its $6.5 billion film and TV budget to television programs. The move could help to drive viewers to Apple's streaming platform, Apple TV+, which lags far behind competitors like Amazon and Netflix. Apple is expected to spend $1 billion a year to produce movies for theatrical release. [sentiment] => 0.7269 [highlighted_in] => main_text ) [2] => Array ( [highlight] => The new plans constitute a significant increase in Apple's entertainment spending that could be part of an effort to draw more interest in Apple TV+, which lags behind rivals in subscriptions. Apple TV+ has an estimated 40 million subscribers, compared with at least 200 million each for Amazon's (AMZN) Prime Video and Netflix (NFLX). [sentiment] => 0.7693 [highlighted_in] => main_text ) [3] => Array ( [highlight] => Apple also lags behind rivals in content spending. The company spent about $6.5 billion on movies and television in 2021, while Amazon and Netflix spent $9 billion and $17 billion respectively. So far, Apple's greatest streaming success has been in television, with the acclaimed series Ted Lasso. [sentiment] => 0.8687 [highlighted_in] => main_text ) [4] => Array ( [highlight] => In each case, Apple and Amazon may attempt to drive streaming viewership by later releasing those films on their respective platforms. Apple's interest in adding English football games to its streaming platform follows last year's $2.5 billion 10-year streaming deal with U.S. Major League Soccer. [sentiment] => 0.7579 [highlighted_in] => main_text ) [5] => Array ( [highlight] => Terms of a potential deal between Apple and the UK's Premier League have not been disclosed. [sentiment] => 0 [highlighted_in] => main_text ) [6] => Array ( [highlight] => Apple to Spend Billions More on Entertainment [sentiment] => 0.4728 [highlighted_in] => title ) ) ) [4] => Array ( [symbol] => AAPL.SN [name] => Apple Inc. [exchange] => SSE [exchange_long] => Santiago Stock Exchange [country] => cl [type] => equity [industry] => Technology [match_score] => 28.875164 [sentiment_score] => 0.615829 [highlights] => Array ( [0] => Array ( [highlight] => Apple Inc. (AAPL), the world's most valuable company, is mulling a billion-plus dollar foray into movie theaters and sports streaming in an attempt to drive subscriber growth for its Apple TV+ streaming platform. Key Takeaways Apple could spend more than $1 billion a year to ramp up its movie releases and sports streaming. [sentiment] => 0.7152 [highlighted_in] => main_text ) [1] => Array ( [highlight] => Previously, Apple has devoted most of its $6.5 billion film and TV budget to television programs. The move could help to drive viewers to Apple's streaming platform, Apple TV+, which lags far behind competitors like Amazon and Netflix. Apple is expected to spend $1 billion a year to produce movies for theatrical release. [sentiment] => 0.7269 [highlighted_in] => main_text ) [2] => Array ( [highlight] => The new plans constitute a significant increase in Apple's entertainment spending that could be part of an effort to draw more interest in Apple TV+, which lags behind rivals in subscriptions. Apple TV+ has an estimated 40 million subscribers, compared with at least 200 million each for Amazon's (AMZN) Prime Video and Netflix (NFLX). [sentiment] => 0.7693 [highlighted_in] => main_text ) [3] => Array ( [highlight] => Apple also lags behind rivals in content spending. The company spent about $6.5 billion on movies and television in 2021, while Amazon and Netflix spent $9 billion and $17 billion respectively. So far, Apple's greatest streaming success has been in television, with the acclaimed series Ted Lasso. [sentiment] => 0.8687 [highlighted_in] => main_text ) [4] => Array ( [highlight] => In each case, Apple and Amazon may attempt to drive streaming viewership by later releasing those films on their respective platforms. Apple's interest in adding English football games to its streaming platform follows last year's $2.5 billion 10-year streaming deal with U.S. Major League Soccer. [sentiment] => 0.7579 [highlighted_in] => main_text ) [5] => Array ( [highlight] => Terms of a potential deal between Apple and the UK's Premier League have not been disclosed. [sentiment] => 0 [highlighted_in] => main_text ) [6] => Array ( [highlight] => Apple to Spend Billions More on Entertainment [sentiment] => 0.4728 [highlighted_in] => title ) ) ) [5] => Array ( [symbol] => AAPL [name] => Apple Inc. [exchange] => NASDAQ [exchange_long] => NASDAQ Stock Exchange [country] => us [type] => equity [industry] => Technology [match_score] => 28.874983 [sentiment_score] => 0.615829 [highlights] => Array ( [0] => Array ( [highlight] => Apple Inc. (AAPL), the world's most valuable company, is mulling a billion-plus dollar foray into movie theaters and sports streaming in an attempt to drive subscriber growth for its Apple TV+ streaming platform. Key Takeaways Apple could spend more than $1 billion a year to ramp up its movie releases and sports streaming. [sentiment] => 0.7152 [highlighted_in] => main_text ) [1] => Array ( [highlight] => Previously, Apple has devoted most of its $6.5 billion film and TV budget to television programs. The move could help to drive viewers to Apple's streaming platform, Apple TV+, which lags far behind competitors like Amazon and Netflix. Apple is expected to spend $1 billion a year to produce movies for theatrical release. [sentiment] => 0.7269 [highlighted_in] => main_text ) [2] => Array ( [highlight] => The new plans constitute a significant increase in Apple's entertainment spending that could be part of an effort to draw more interest in Apple TV+, which lags behind rivals in subscriptions. Apple TV+ has an estimated 40 million subscribers, compared with at least 200 million each for Amazon's (AMZN) Prime Video and Netflix (NFLX). [sentiment] => 0.7693 [highlighted_in] => main_text ) [3] => Array ( [highlight] => Apple also lags behind rivals in content spending. The company spent about $6.5 billion on movies and television in 2021, while Amazon and Netflix spent $9 billion and $17 billion respectively. So far, Apple's greatest streaming success has been in television, with the acclaimed series Ted Lasso. [sentiment] => 0.8687 [highlighted_in] => main_text ) [4] => Array ( [highlight] => In each case, Apple and Amazon may attempt to drive streaming viewership by later releasing those films on their respective platforms. Apple's interest in adding English football games to its streaming platform follows last year's $2.5 billion 10-year streaming deal with U.S. Major League Soccer. [sentiment] => 0.7579 [highlighted_in] => main_text ) [5] => Array ( [highlight] => Terms of a potential deal between Apple and the UK's Premier League have not been disclosed. [sentiment] => 0 [highlighted_in] => main_text ) [6] => Array ( [highlight] => Apple to Spend Billions More on Entertainment [sentiment] => 0.4728 [highlighted_in] => title ) ) ) [6] => Array ( [symbol] => AMC [name] => AMC Entertainment Holdings, Inc. [exchange] => NYSE [exchange_long] => New York Stock Exchange [country] => us [type] => equity [industry] => Communication Services [match_score] => 38.740707 [sentiment_score] => 0.6486 [highlights] => Array ( [0] => Array ( [highlight] => Chains like AMC Entertainment Holdings Inc. (AMC) have attributed the sluggish sales to a shortage of available films. Apple's distribution agreements may help boost ticket sales, and it is not the only tech company entering theaters. [sentiment] => 0.6486 [highlighted_in] => main_text ) ) ) [7] => Array ( [symbol] => AAPL.NE [name] => Apple Inc. [exchange] => NEO [exchange_long] => NEO Exchange [country] => ca [type] => equity [industry] => Technology [match_score] => 28.87467 [sentiment_score] => 0.615829 [highlights] => Array ( [0] => Array ( [highlight] => Apple Inc. (AAPL), the world's most valuable company, is mulling a billion-plus dollar foray into movie theaters and sports streaming in an attempt to drive subscriber growth for its Apple TV+ streaming platform. Key Takeaways Apple could spend more than $1 billion a year to ramp up its movie releases and sports streaming. [sentiment] => 0.7152 [highlighted_in] => main_text ) [1] => Array ( [highlight] => Previously, Apple has devoted most of its $6.5 billion film and TV budget to television programs. The move could help to drive viewers to Apple's streaming platform, Apple TV+, which lags far behind competitors like Amazon and Netflix. Apple is expected to spend $1 billion a year to produce movies for theatrical release. [sentiment] => 0.7269 [highlighted_in] => main_text ) [2] => Array ( [highlight] => The new plans constitute a significant increase in Apple's entertainment spending that could be part of an effort to draw more interest in Apple TV+, which lags behind rivals in subscriptions. Apple TV+ has an estimated 40 million subscribers, compared with at least 200 million each for Amazon's (AMZN) Prime Video and Netflix (NFLX). [sentiment] => 0.7693 [highlighted_in] => main_text ) [3] => Array ( [highlight] => Apple also lags behind rivals in content spending. The company spent about $6.5 billion on movies and television in 2021, while Amazon and Netflix spent $9 billion and $17 billion respectively. So far, Apple's greatest streaming success has been in television, with the acclaimed series Ted Lasso. [sentiment] => 0.8687 [highlighted_in] => main_text ) [4] => Array ( [highlight] => In each case, Apple and Amazon may attempt to drive streaming viewership by later releasing those films on their respective platforms. Apple's interest in adding English football games to its streaming platform follows last year's $2.5 billion 10-year streaming deal with U.S. Major League Soccer. [sentiment] => 0.7579 [highlighted_in] => main_text ) [5] => Array ( [highlight] => Terms of a potential deal between Apple and the UK's Premier League have not been disclosed. [sentiment] => 0 [highlighted_in] => main_text ) [6] => Array ( [highlight] => Apple to Spend Billions More on Entertainment [sentiment] => 0.4728 [highlighted_in] => title ) ) ) [8] => Array ( [symbol] => APC.DE [name] => Apple Inc. [exchange] => XETRA [exchange_long] => Deutsche Börse Xetra [country] => de [type] => equity [industry] => Technology [match_score] => 28.876308 [sentiment_score] => 0.615829 [highlights] => Array ( [0] => Array ( [highlight] => Apple Inc. (AAPL), the world's most valuable company, is mulling a billion-plus dollar foray into movie theaters and sports streaming in an attempt to drive subscriber growth for its Apple TV+ streaming platform. Key Takeaways Apple could spend more than $1 billion a year to ramp up its movie releases and sports streaming. [sentiment] => 0.7152 [highlighted_in] => main_text ) [1] => Array ( [highlight] => Previously, Apple has devoted most of its $6.5 billion film and TV budget to television programs. The move could help to drive viewers to Apple's streaming platform, Apple TV+, which lags far behind competitors like Amazon and Netflix. Apple is expected to spend $1 billion a year to produce movies for theatrical release. [sentiment] => 0.7269 [highlighted_in] => main_text ) [2] => Array ( [highlight] => The new plans constitute a significant increase in Apple's entertainment spending that could be part of an effort to draw more interest in Apple TV+, which lags behind rivals in subscriptions. Apple TV+ has an estimated 40 million subscribers, compared with at least 200 million each for Amazon's (AMZN) Prime Video and Netflix (NFLX). [sentiment] => 0.7693 [highlighted_in] => main_text ) [3] => Array ( [highlight] => Apple also lags behind rivals in content spending. The company spent about $6.5 billion on movies and television in 2021, while Amazon and Netflix spent $9 billion and $17 billion respectively. So far, Apple's greatest streaming success has been in television, with the acclaimed series Ted Lasso. [sentiment] => 0.8687 [highlighted_in] => main_text ) [4] => Array ( [highlight] => In each case, Apple and Amazon may attempt to drive streaming viewership by later releasing those films on their respective platforms. Apple's interest in adding English football games to its streaming platform follows last year's $2.5 billion 10-year streaming deal with U.S. Major League Soccer. [sentiment] => 0.7579 [highlighted_in] => main_text ) [5] => Array ( [highlight] => Terms of a potential deal between Apple and the UK's Premier League have not been disclosed. [sentiment] => 0 [highlighted_in] => main_text ) [6] => Array ( [highlight] => Apple to Spend Billions More on Entertainment [sentiment] => 0.4728 [highlighted_in] => title ) ) ) [9] => Array ( [symbol] => AAPL.MX [name] => Apple Inc. [exchange] => BMV [exchange_long] => Mexican Stock Exchange [country] => mx [type] => equity [industry] => Technology [match_score] => 28.876472 [sentiment_score] => 0.615829 [highlights] => Array ( [0] => Array ( [highlight] => Apple Inc. (AAPL), the world's most valuable company, is mulling a billion-plus dollar foray into movie theaters and sports streaming in an attempt to drive subscriber growth for its Apple TV+ streaming platform. Key Takeaways Apple could spend more than $1 billion a year to ramp up its movie releases and sports streaming. [sentiment] => 0.7152 [highlighted_in] => main_text ) [1] => Array ( [highlight] => Previously, Apple has devoted most of its $6.5 billion film and TV budget to television programs. The move could help to drive viewers to Apple's streaming platform, Apple TV+, which lags far behind competitors like Amazon and Netflix. Apple is expected to spend $1 billion a year to produce movies for theatrical release. [sentiment] => 0.7269 [highlighted_in] => main_text ) [2] => Array ( [highlight] => The new plans constitute a significant increase in Apple's entertainment spending that could be part of an effort to draw more interest in Apple TV+, which lags behind rivals in subscriptions. Apple TV+ has an estimated 40 million subscribers, compared with at least 200 million each for Amazon's (AMZN) Prime Video and Netflix (NFLX). [sentiment] => 0.7693 [highlighted_in] => main_text ) [3] => Array ( [highlight] => Apple also lags behind rivals in content spending. The company spent about $6.5 billion on movies and television in 2021, while Amazon and Netflix spent $9 billion and $17 billion respectively. So far, Apple's greatest streaming success has been in television, with the acclaimed series Ted Lasso. [sentiment] => 0.8687 [highlighted_in] => main_text ) [4] => Array ( [highlight] => In each case, Apple and Amazon may attempt to drive streaming viewership by later releasing those films on their respective platforms. Apple's interest in adding English football games to its streaming platform follows last year's $2.5 billion 10-year streaming deal with U.S. Major League Soccer. [sentiment] => 0.7579 [highlighted_in] => main_text ) [5] => Array ( [highlight] => Terms of a potential deal between Apple and the UK's Premier League have not been disclosed. [sentiment] => 0 [highlighted_in] => main_text ) [6] => Array ( [highlight] => Apple to Spend Billions More on Entertainment [sentiment] => 0.4728 [highlighted_in] => title ) ) ) [10] => Array ( [symbol] => AMC.MX [name] => AMC Entertainment Holdings, Inc. [exchange] => BMV [exchange_long] => Mexican Stock Exchange [country] => mx [type] => equity [industry] => Communication Services [match_score] => 38.74262 [sentiment_score] => 0.6486 [highlights] => Array ( [0] => Array ( [highlight] => Chains like AMC Entertainment Holdings Inc. (AMC) have attributed the sluggish sales to a shortage of available films. Apple's distribution agreements may help boost ticket sales, and it is not the only tech company entering theaters. [sentiment] => 0.6486 [highlighted_in] => main_text ) ) ) [11] => Array ( [symbol] => A2MC34.SA [name] => AMC Entertainment Holdings, Inc. [exchange] => BVMF [exchange_long] => The B3 S.A. - Brasil, Bolsa, Balcão [country] => br [type] => equity [industry] => Communication Services [match_score] => 38.742794 [sentiment_score] => 0.6486 [highlights] => Array ( [0] => Array ( [highlight] => Chains like AMC Entertainment Holdings Inc. (AMC) have attributed the sluggish sales to a shortage of available films. Apple's distribution agreements may help boost ticket sales, and it is not the only tech company entering theaters. [sentiment] => 0.6486 [highlighted_in] => main_text ) ) ) ) ) ) ) [1] => Array ( [uuid] => 35f0c140-ff8f-4f83-8800-a800c3822a7c [title] => Canada Gift Card and Incentive Card Market Report 2023 Featuring George Weston, Wal-Mart, Empire, Costco, Metro, Canadian Tire, Home Depot, Hudson's Bay, Home Hardware Stores, Best Buy, & Apple [description] => /PRNewswire/ -- The "Canada Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) - Q1 2023 Update" report has been added to... [keywords] => Research and Markets [snippet] => DUBLIN, March 23, 2023 /PRNewswire/ -- The "Canada Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) - Q1 2023 Update" repo... [url] => https://www.prnewswire.com/news-releases/canada-gift-card-and-incentive-card-market-report-2023-featuring-george-weston-wal-mart-empire-costco-metro-canadian-tire-home-depot-hudsons-bay-home-hardware-stores-best-buy--apple-301780164.html [image_url] => https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg?p=facebook [language] => en [published_at] => 2023-03-24T03:00:00.000000Z [source] => prnewswire.com [relevance_score] => [entities] => Array ( [0] => Array ( [symbol] => AAPL [name] => Apple Inc. [exchange] => NASDAQ [exchange_long] => NASDAQ Stock Exchange [country] => us [type] => equity [industry] => Technology [match_score] => 17.368223 [sentiment_score] => 0.7497 [highlights] => Array ( [0] => Array ( [highlight] => Key Retailers Covered Include: George Weston Ltd Wal-Mart Stores Inc Empire Co Ltd Costco Wholesale Corp Metro AG Canadian Tire Corp Ltd Home Depot Inc, The Liquor Control Board of Ontario Hudson's Bay Co Bay Co Home Hardware Stores Ltd Best Buy Co Inc Apple Inc Scope Total Spend on Gifts in Canada By Consumer Segment (Retail and Corporate [sentiment] => 0.6369 [highlighted_in] => main_text ) [1] => Array ( [highlight] => Canada Gift Card and Incentive Card Market Report 2023 Featuring George Weston, Wal-Mart, Empire, Costco, Metro, Canadian Tire, Home Depot, Hudson's Bay, Home Hardware Stores, Best Buy, & Apple [sentiment] => 0.8625 [highlighted_in] => title ) ) ) ) [similar] => Array ( ) ) ) )