logo-loader
TechHardware & electrical equipment
Apple Inc.

Apple inks content deal with Oprah Winfrey

The Silicon Valley tech giant has set its sights on Hollywood

Oprah Winfrey
Oprah to create original programs that 'connect with audiences around the world'

Another Silicon Valley player has gone Hollywood.

First Netflix Inc (NASDAQ:NFLX) started offering original content, followed quickly by Amazon.com Inc’s (NASDAQ:AMZN) Prime Studios.

Now Apple Inc (NASDAQ:AAPL) is taking a seat in the director’s chair – and not the kind found in the boardroom.

The maker of iPhones, iPads and laptops announced Friday that it’s struck a multiyear content deal with media superstar Oprah Winfrey.

READ: Apple bans cryptocurrency mining apps on its iPhone, iPad devices

“Together, Winfrey and Apple will create original programs that embrace her incomparable ability to connect with audiences around the world,” the company said in a statement.

Multiple reports Thursday indicate that Apple also has an interest in producing an original, feature-length animated film in partnership with Ireland-based Cartoon Saloon, which produced several Oscar-nominated animated films, such as “The Secret of Kells” and “The Breadwinner”.

Shares of Apple were down 1.2% Friday afternoon to US$188.56.

Quick facts: Apple Inc.

Price: $217.73

Market: NASDAQ
Market Cap: $983.96 billion
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: Northern Minerals reveals talks with US government agencies,...

Northern Minerals Ltd (ASX:NTU) CEO George Bauk tells Proactive he recently met US government agencies, who he says wanted to get a better sense of the Australian company's progress with its dysprosium production, and its strategy going forward. Bauk is currently in New York meeting with...

2 days, 13 hours ago

2 min read