Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Apple Inc (NASDAQ:AAPL) and Netflix Inc’s (NASDAQ:NFLX) are engaged in a bidding war to grab a deal for an upcoming Oscar-winner project starring Jennifer Lawrence, according to a report by Variety.
What Happened: The streaming service providers are trying to land the deal for the biopic project centered around famous Hollywood talent agent Sue Mengers that will feature Lawrence and is set to be directed by Oscar-winning filmmaker Paolo Sorrentino.
The bidding war between Netflix, which currently dominates Oscar nominations for films, and the upcoming Apple TV Plus has reached up to $95 million, as per Variety.
The movie is being seen as a major film for Lawrence who has not been seen in a big project since the box office failure of 2019, superhero film X-Men: Dark Phoenix.
Who Was Sue Mengers? Sue Mengers was a successful and the first woman agent in Hollywood, known to have worked with names such as Barbra Streisand, Cher, Brian De Palma, Steve McQueen, Gore Vidal, and other major celebrities and filmmakers.
Why It Matters: Netflix, Apple, Walt Disney Co (NYSE:DIS) and Amazon.com Inc’s (NASDAQ:AMZN) Prime Video are engaged in streaming wars to bag distributing rights to upcoming projects exclusively for their streaming services audiences.
While Apple is still building a more robust library of its own, more established streaming rivals Netflix, Amazon and Disney are spending billions to develop and make content suited for local audiences across the globe.
Streaming services have also got a demand boost from the pandemic as viewers choose to stay-at-home and watch content online instead of going to theaters.
Price Action: Netflix shares closed 0.11% lower at $519.97 on Monday.
For news coverage in French, Italian, or Spanish, check out Benzinga France, Benzinga Italia, or Benzinga España.
See also: How to Buy Netflix Stock
Photo: Courtesy of Mingle MediaTV on Wikimedia
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!