Streaming revamp: Apple rethinks its movie strategy after string of misses

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Streaming revamp: Apple rethinks its movie strategy after string of misses - Business Standard

Quick Summary:

The film helped the streaming service add about 50,000 subscribers, more than the number Napoleon accounted for when it was released last year, according to the data firm Parrot Analytics.

The leadership team does hold the title of the first streaming service to win the best picture Oscar, which it did in 2022 with “CODA.” But its recent theatrical performance is not dissimilar from the bumps that Amazon Studios endured soon after Jennifer Salke, a veteran NBC executive, took over in 2018.

With “Wolfs,” Apple substantially outbid its competitors, according to three people with knowledge of the process, who spoke on the condition of anonymity to discuss financial terms, paying Mr.Clooney and Mr.