After teaming up with Netflix last year for The Irishman, director Martin Scorsese’s next major flick will reportedly have backing from Apple.
Apple is going into content business. As long as iPhone keeps generating $$$, Apple doesn’t care if its content business makes money immediately OR not. Very similar to what Mukesh Ambani did with Reliance Jio. He used $$$ gushing out of his Jamnagar refinery to build Reliance Jio.