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Apple Decided Not to Buy Reese Witherspoon's 'Hello Sunshine' Media Company
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I don’t believe what I’m about to say will happen, but if anything Apple would own Netflix.
I’m not expecting that to happen or Apple TV+ to be sold or discontinued in that time span either, but Apple really does need to step it up to make it to the top of streaming.
Currently you can subscribe to TV+ one month per year and be completely caught up on everything they’ve added in that time. You could somewhat make that same argument for the others as well, but there’s no denying Netflix has enough content for most people to keep it permanently.
I do expect them to buy one or a few big movie studios within that three year time frame.
Mythic Quest is great (except for that one out of place episode). Of course, it’s Ubisoft, so they have to have their Unity.
And Ted Lasso! I’m on my fourth watch and I have yet to tire of it. I was worried the first time through that it was just Major League for soccer, but he is just so genuine and like-able!
They get to walk the red carpet, hang with the celebs and go to the awesome Hollywood after parties (they are quite amazing)...
Plus with not much exciting to plug on the tech front they can flood the buzz gates with endless news of the new season of Ted Lasso (or new Animoji, watch bands, device colors, etc)... and continue to be seen as "on the edge of the industry"... which I get as the vision guy who knew where the puck will be in a decade and could skate in that direction passed away almost a decade ago.
Or OnlyFans to bring in that market segment.
So you’re affected when Apple execs get distracted or Apple wastes its $200 billion in cash reserves? You can’t answer the simple question can you?
I think it might have the opposite effect you are thinking. Once they are no longer free, consumers will be forced to make choices between streaming services. I haven’t watched Netflix or Hulu in months but I’m still paying. Why would I keep paying for those once Apple starts charging me? I’ve been watching HBO and ATV+ more than any others and there are so many shows coming to both of those. What’s coming to Netflix, Stranger Things season 20 where the kids go off to college and things get even stranger?
If Reese's media company is worth $900M now I understand why she has not been active in acting lately.
Apple's slate of productions through 2023 would be a harbinger of that not happening. So tough it up and accept the new reality that Apple is becoming a major Hollywood player now.
LOLOL. Nice one. It's not April 1 though, buddy. Apple is not out of its depth at all. Apple is a brand new streaming service and has a very respectable track record for original content as of 2021.
Char
I strongly deny it. The vast majority of what’s on Netflix is stuff I have no interest in watching. I could easily watch everything I’m interested in in a month. Months go by where nobody in my house watches Netflix, then we watch it a lot when a bunch of new stuff comes out.
Agree with most of what you wrote, but Netflix has been utter trash for me lately. Nothing worth watching since Queen's Gambit came out. I got way more out of Apple TV these past two years than Netflix, hour for hour. I watch HBO Max, Hulu, Disney+ and Apple TV+ and recently canceled Netflix because it has been a crater of trash and time waste for me.
Instead of buying A24, buying Lionsgate would be a far better use of their cash because it's library of films is larger, more mainstream, and the company has been rumored to sell for a while now.
They would own John Wick and could have a whole section just dedicated to the franchise once the TV series and the spin-off come out.
They could also have an entire section called something like "John Kramer's Lessons for a Long Life. #1: Don't lie or you will have your tongue forcibly ripped out."
Just spitballing here.
They would own John Wick and could have a whole section just dedicated to the franchise once the TV series and the spin-off come out.
They could also have an entire section called something like "John Kramer's Lessons for a Long Life. #1: Don't lie or you will have your tongue forcibly ripped out."
Just spitballing here.
If you buy Lionsgate you end up with a bunch of detritus that you have to also put on TV+. Apple has been uber uber selective in its curation thusfar, and has tried to sweep the few bad shows under the rug (Amazing Stories, Little Voice). I don't see Apple buying Lionsgate for the good shows on it. Further, John Wick is not a movie series that jibes with Apple's aesthetic in what Apple likes to put on TV+.
With A24 on the other hand, going through the catalog, almost every movie and series created by A24 would slot in nicely on TV+. Apple wouldn't have to worry about adding duds to the catalog, and Apple could create a dedicated A24 section in TV+. With Lionsgate, there's such a massive backlog of junk, Apple wouldn't be able to neatly place those movies/series in a small section of TV+ and call it a day.
A24 has great synergies with Apple as a brand too, going forward on new content.
The main thing you have to realize is that Apple wants a highly curated catalog, not a massive backlog of stuff, ala Netflix or HBO Max. If that's not what you want then don't use TV+. I am beyond burnt out on the non-curation favored by Netflix, where there's so much junk mixed in, I have to spend hours finding the quality content. Apple passed on MGM for a good reason. And that's for the reasons I wrote above. Apple will also pass on Lionsgate. A24 or Hello Sunshine are completely different stories and fit wayyyyy better into what Apple wants to accomplish.
AppleTV might exist Netflix might not, I doubt Apple will Spin off Apple TV and sell it to Netflix. AppleTV is a 1 Billion or More Business a Year for Apple. The Spending budget for the business in 6 Billion. So its not going down in 3 yrs. Save this comment.
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Wise Decision by Apple, they already bought the super expensive Beats headset, and then developed a higher selling EarPods. This time they got saved.
They bought beats for the streaming service, not the headsets, and they‘ve made a ton of money on that transaction.
That’s your opinion though, there’s no denying the amount of content they have. A lot of people could say the same thing about a bunch of TV+.
I could easily go through everything interesting in TV+ in three days tops, but content preference is different than the amount of content, and Netflix blows them out of the water and appeals to a much larger audience.
It has been for you, but that’s not everyone’s experience. I said something similar above but TV+ has about 3 days of content per year worth watching for me, but I left that out because I am basing it on the amount of content that applies to far more people than what TV+ currently offers.
No, it is not worth $900M. It was valued by some one for this amount based on very optimistic forecast of future projects.
You hit the nail on the head. Apple wants a highly curated catalog!. But that catalog is not what I want. Netflix has a bunch of junk. Not what I want. This is the problem with streaming movies these days. One end is nanny standards and the other is woke, but no standards.
At some point Hollywood needs to get back to a prime goal of entertainment, not propaganda, not politics, etc. I want to escape the worlds problems, not be continuously reminded of them when I am paying too much to some ungrateful actor/actress. Don't have high hopes of the future for Hollywood.
We all just need to turn the TV off and take a walk in the park.