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MGM Held Talks With Apple and Netflix to Gauge Interest in Acquisition

MGM Held Talks With Apple and Netflix to Gauge Interest in Acquisition

MGM held preliminary talks with Apple, Netflix, and different giant media firms to gauge their curiosity in a doable acquisition, reviews CNBC.

The report confirms one other report from The Wall Street Journal final month that urged Apple was exploring offers for MGM Holdings content material, although the talks had “yet to reach an advanced stage.”


A take care of MGM would probably supply Apple an enormous catalog of content material to add to Apple TV Plus. MGM owns the James Bond franchise and is chargeable for a number of hit TV reveals like “The Handmaid’s Tale,” which at present airs on Hulu. It additionally owns Epix and the rights to films like “Rocky” and “Mad Max.”

There’s no phrase on when and if MGM and Apple may attain some type of deal, and all firms declined to touch upon the continued talks.

Right now, Apple is behind different streaming media companies. Apple TV+ contains a handful of unique Apple reveals, like “The Morning Show,” “For All Mankind,” “Servant,” and “See.” Some of the reveals have been nominated for rewards and have confirmed fashionable, however Apple has a good distance to go to give you the chance to compete with the bigger catalogs obtainable from Netflix, Hulu, and Disney+.

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