Hollywood Studios Are Forcing Movie Theaters to Rethink Their Traditions
Friday morning, Bloomberg reported that several Hollywood studios are planning to launch a premium video streaming service without asking movie theater chains for a thumbs-up first.
In an age of falling DVD sales and lower foot traffic at the box office, major studios including Time Warner (NYSE: TWX) division Warner Bros. and Comcast's (NASDAQ: CMCSA) Universal Studios are discussing new streaming ideas with Apple (NASDAQ: AAPL) and the cable side of Comcast, according to the report.
Image source: Getty Images.
Source: Fool.com
Apple Inc. Stock
€170.10
5.330%
Currently there is a rather positive sentiment for Apple Inc. with 84 Buy predictions and 6 Sell predictions.
With a target price of 199 € there is a slightly positive potential of 16.99% for Apple Inc. compared to the current price of 170.1 €.
