Apple Inc. plans to spend $1 billion a year to produce movies that will be released in theaters as it tries to raise its profile in Hollywood. Apple could look to partner with famed director Martin Scorsese. Mark Gurman reports.
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:
https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here: https://tinyurl.com/ycyevxda

Get the latest in tech from Silicon Valley and around the world here:
https://www.bloomberg.com/technology

Connect with us on…
Twitter: https://twitter.com/technology
Facebook: https://www.facebook.com/BloombergTechnology
Instagram: https://www.instagram.com/bloombergbusiness/