Whats up Sunshine, one of many extra prolific manufacturing corporations behind hit Apple TV+ reveals, is reportedly contemplating a sale. And Apple’s mentioned to have an interest.
The corporate is co-owned by Reese Witherspoon, whereas Lauren Powell Jobs, who was married to the late Steve Jobs, is a notable investor.
Whats up Sunshine’s earlier reveals for Apple embrace The Morning Present, Reality Be Informed, My Form of Nation, Floor, and The Final Factor He Informed Me. It has additionally produced Little Fires In all places for Hulu and HBO’s Huge Little Lies. The corporate may reportedly fetch as a lot as $1 billion.
Deadline writes that:
“It’s a interval of speedy consolidation in media marked by a quest for content material to feed a military of streaming companies. Amazon not too long ago agreed to purchase MGM for $8.45 billion. Apple is alleged to be one of many events concerned with Whats up Sunshine. It’s not clear that any deal will go down however the outreach reveals that huge media and tech corporations are casting a wider and wider web.”
Contemplating that Whats up Sunshine’s most notable reveals are produced for different networks, I don’t know what the acquisition would deliver with it — apart from a talented workforce in a position to choose hit reveals. Nevertheless, if it meant augmenting Apple’s again catalog, that might absolutely be a great factor.
Increasing the Apple TV+ catalog
Proper now, Apple TV+ is huge on high quality, however brief on amount. Up to now the corporate has resisted shopping for up libraries of present reveals in favor of constructing its personal. That’s most likely a powerful technique in the long term, because it offers Apple reveals and flicks accessible nowhere else. Nevertheless it additionally implies that it has a a lot smaller providing of content material within the brief run.
Hal Vogel, CEO of Vogel Capital Administration, beforehand mentioned that Apple is cautious about huge acquisitions in the case of studios. Vogel famous that CEO Tim Prepare dinner is “afraid of shareholder blowback if he goes Hollywood in a giant approach.”
Do you suppose Apple ought to snap up Whats up Sunshine within the present, hotly contested content material feeding frenzy? Tell us your ideas within the feedback under.