3min chapter

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Acquired’s Ben Gilbert & David Rosenthal on private markets, ZIRP impact, future of Amazon | E1706

This Week in Startups

CHAPTER

Apple to Spend One Billion Per Year to Produce Movies

Apple is going to spend one billion per year to produce movies to be released in theaters. Their goal get more subscribers to its streaming service and raise its profile in Hollywood. I think the trope about Amazon being a hard place to work is still still true. So I think there's a lot of fat to cut, but compared to their peers, they're not as fat and happy.

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