Apple Buys the Rights to Tom Hanks Movie "Greyhound"
Apple (NASDAQ: AAPL) just bought the rights to movie star Tom Hanks' World War II film Greyhound, which had originally been slated for a Father's Day release in theaters but because of the COVID-19 pandemic will debut online.
The film, which Apple paid $70 million for streaming rights to the film for fifteen years, CNBC reports. The film, which Hanks wrote and Sony (NYSE: SNE) produced, cost around $50 million to make, according to the CNBC report.
Source Fool.com