| Cult of Mac

Apple won’t buy a Hollywood studio because it’s ‘afraid of shareholder blowback’


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Apple's not big into buying other properties.
Photo: Apple

Tim Cook is “afraid of [the] shareholder blowback” that might come with buying a Hollywood studio, claims one executive, quoted in a new story from the Hollywood Reporter.

The article, published Wednesday, suggests that Apple missed out on buying MGM Studios because it wasn’t bold enough to do so. Amazon recently snapped up MGM, home of the James Bond movies, for a massive $8.45 billion. Apple was supposedly in the bidding at some point, but didn’t wind up going through with it.

Because Tim Cook’s chicken. Or something.

MGM, the studio behind James Bond, goes up for sale. Will Apple bite?


Does Apple TV+ have James Bond film 'No Time to Die' in its sights?
Does Apple TV+ have James Bond in its sights?
Photo: MGM Studios

MGM, the movie studio that owns the James Bond franchise, is supposedly up for sale — and The Wall Street Journal says some “big technology companies [are] logical buyers.”

Apple has previously been reported as expressing interest in acquiring the James Bond movies, and has held talks about purchasing MGM.