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Apple could buy big Hollywood studios battered by coronavirus crisis - Business Insider

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A Wall Street analyst sees Apple buying major Hollywood studios battered by the coronavirus crisis: 'They need content and they have cash'

are taking a hit from the pandemic which has derailed the scheduled premieres of blockbuster movies such as "Fast & Furious 9" and the new James Bond movie, "No Time to Die," while halting other productions like Marvel's forthcoming "Shang-Chi."

The crisis could leave in its wake battered entertainment and movie companies. And these companies could become potential acquisition targets for a cash-rich behemoth like Apple as it pushes for a bigger presence in streaming TV, Ives said.

 

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Apple should buy Sony Studios and built out their content for Apple TV + movies.

Smart on distressed asset pricing but tone deaf? tim_cook Apple coronadeals

They will make content overpriced just like their devices! What do you guys think?

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