“The Wall Street Journal” reported on July 21, a person familiar with the matter said,Apple informed various real estate developers that it hopes to lease a large production park in Los Angeles for its growing entertainment business.
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It is reported that Apple told senior executives of real estate developers that the company is considering several possible locations. The new center may be more than 500,000 square feet and will complement Apple’s current arrangements-the company has rented studios in the Los Angeles area and other parts of the world.
According to reports, since its launch in November 2019, Apple TV+ has played some well-known shows and movies, including the popular “Ted Lasso” and “The Morning Show”, but compared with established competitors such as Netflix or Amazon, Apple TV+ The business is still relatively small. Now, as its business expands, the company is using large-budget movies and a series of new film and television deals to prepare for more direct competition with other technology companies.