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Apple Partners With Oscar Winning Movie Studio A24 for Feature Films

Apple Partners With Oscar-Winning Movie Studio A24 for Feature Films

By Reuters | Updated: 16 November 2018 11:03 IST

Apple has reportedly signed a multi-year deal with A24

Highlights

A24's Academy Award nominations include "Lady Bird" and "Room"
It also built Oscar-winning projects "Moonlight" and "Amy"
Apple had allocated an initial $1 billion

Apple has inked a multi-year deal with A24, the studio behind Oscar-winning projects "Moonlight" and "Amy", a source familiar with the plans told Reuters, as the iPhone maker pushes deeper into original content and movies.

Apple, which had allocated an initial $1 billion (roughly Rs. 7,100 crores) for programming, earlier inked deals with Hollywood celebrities including Oprah Winfrey and ordered two seasons of a series starring Reese Witherspoon and Jennifer Aniston to bring in more content for its users.

Other projects Apple had announced include a remake of Steven Spielberg's 1980s science fiction anthology series "Amazing Stories," based on Isaac Asimov's influential "Foundation" science fiction novels, and a drama from "La La Land" movie director Damian Chazelle.

New York-based A24's Academy Award nominations include "Lady Bird" and "Room".

The deal comes at a time when top online streaming service providers including Netflix, Amazon's Prime Video and Time Warner's HBO are spending billions to create original content.

© Thomson Reuters 2018

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Further reading: Apple, A24, Moonlight, Amy