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With ‘F1’, Apple finally has a theatrical hit
Looks like Apple has its first bona fide box office hit.
In fact, while Netflix has reportedly spent millions on its Oscar campaigns, Apple’s “Coda” remains the only movie produced by a streaming service to win the Academy Award for Best Picture. Last year, Apple reportedly decided to scale back on both budgets and theatrical releases, leading to canceled projects and criticism from directors. Before its release, one box office analyst told Vulture that even in success, the movie “may end up being a very expensive commercial for original content on Apple TV.”
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