Suitors of MGM are said to include Apple and Netflix, both of which reportedly recently held such exploration talks. Sure, NorCal born and bred Apple and Netflix have long played with creatives on the movie-making and television side. Spend massive amounts on content, that’s what. Don’t forget that Apple paid $3 billion to buy Beats several years ago to become an instant streaming music winner. MGM, Lionsgate and Sony could give Apple and Netflix added cachet (and resulting cash) when they need it most.

Source: Forbes February 05, 2020 15:12 UTC