Apple expressed interest in acquiring film studio A24

Apple was reportedly in talks to purchase Oscar-winning indie film studio A24, a current Apple TV+ production partner responsible for Sofia Coppola’s “On the Rocks.”

On the RocksCiting sources familiar with the matter, Variety on Tuesday reports A24 recently explored a sale that valued the company between $2.5 billion and $3 billion. A number of potential suitors were engaged in acquisition talks over the past 18 months, though the studio has yet to ink a deal as it is prioritizing expansion, sources said.Apple, one of the companies that discussed a takeover with A24, is in the middle of a multi-year arrangement that has the studio creating original movies for streaming on Apple TV+.

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