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Contact
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Apple has been making waves in the entertainment world with its growing platform, Apple TV+. But if you’re hoping to catch an Apple movie in theaters anytime soon, you might be waiting for a while. Unlike Netflix and Amazon, Apple seems in no hurry to release its original movies on the big screen. In this article, we’ll break down why Apple is making this move, what it means for the entertainment industry, and answer some of the most commonly asked questions about it.
Apple’s dive into producing its own shows and movies started with the launch of Apple TV+ in November 2019. While it has fewer shows and movies compared to rivals like Netflix or Disney+, Apple is all about quality over quantity. You’ve probably heard of The Morning Show or Ted Lasso, both major hits. And don’t forget CODA, which won the Oscar for Best Picture in 2022!
Even with these big successes, Apple isn’t rushing to release its movies in theaters. This decision stands out because, right now, many other streaming platforms are testing out theater releases alongside their online debuts. So, why is Apple sticking with an all-streaming approach?
Apple’s decision to keep its movies on streaming only could change things for the industry in a few ways:
Right now, Apple seems focused on Apple TV+ and isn’t showing much interest in theaters. But that doesn’t mean it will never happen. The movie industry is always changing, and if theaters make a big comeback or if Apple sees a financial reason to get involved, we might see its films on the big screen eventually. For now, though, Apple TV+ subscribers will get to enjoy exclusive movies from the comfort of home.
Apple’s decision to skip theater releases makes sense when you look at their overall business strategy. They’re focused on growing Apple TV+ and keeping their content exclusive, which aligns with their larger goal of integrating everything into the Apple ecosystem. While this might limit their box office potential, it seems to be working for them so far. Whether or not this strategy will change in the future remains to be seen, but for now, Apple TV+ subscribers can enjoy some top-tier content without ever leaving the couch.
Apple’s decision is part of a strategy to focus on growing its streaming service, Apple TV+. By keeping its movies exclusive to the platform, Apple can attract more subscribers and maintain its content’s exclusivity. Since Apple earns most of its revenue from hardware and subscriptions, it’s less dependent on box office revenue compared to other companies.
While traditional rules required movies to be released in theaters to qualify for awards, this has been changing with the rise of streaming. Apple’s movie CODA, for example, won the Academy Award for Best Picture without a widespread theatrical release. So, while avoiding theaters might limit its exposure, Apple can still compete for top awards through streaming releases.
It’s possible, but for now, Apple seems focused on growing Apple TV+ and keeping its content exclusive to the platform. However, the movie industry is always evolving, and if the demand for box office releases grows or if there’s a strong financial incentive, Apple may eventually reconsider its current strategy.
Sources Bloomberg