: Positioned as the "New HBO," Apple funds expensive, auteur-driven blockbusters like Killers of the Flower Moon and has recently secured exclusive sports rights for Formula 1 .
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[Traditional Studio Model] ──> Theatrical Release ──> Physical/Digital Rental [Streaming Studio Model] ──> Direct-to-Platform ──> Global Instant Access Netflix Studios : Positioned as the "New HBO," Apple funds
Produces ultra-high-budget genre programming like The Lord of the Rings: The Rings of Power . : Positioned as the "New HBO