One Analyst Believes Apple Is Making a ‘Major Strategic Mistake’ by Not Buying a Hollywood Studio
https://wccftech.com/apple-not-buying-hollywood-studio-big-mistake/
The merger of Warner and Discovery studios, followed by the acquisition of MGM by Amazon for $8.45 billion warranted some insight into the fate of Apple TV Plus. With that being said, a few analysts came forward with some interesting news on the matter, claiming that Apple had supposedly missed a ‘huge’ opportunity.
Preceding the deal of MGM, analysts from The Hollywood Reporter noted Apple was under discussions for its procurement back in January. Moreover, Wedbush analyst Daniel Ives also made his opinion known, saying that this might have been a ‘huge’ missed opportunity for Apple, while not investing in a Hollywood studio at all was a ‘major strategic mistake’. Ives also stated that Apple TV Plus just stood as a barren ‘mansion with hardly any furniture.’