F1 leaning toward Apple for U.S. TV rights
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That's because "F1" only hit the big screen on June 27. And if you're hoping to watch it at home as soon as possible, "F1" will presumably first release on Premium Video-on-Demand (PVOD) storefronts before coming to a streaming service.
Apple wants a bigger bite of the Formula 1 apple, as it were. Fresh off the worldwide release of the F1 movie, an Apple TV+ original production starring Brad Pitt and produced in part by Lewis Hamilton,
Here's F1 Movie Apple TV+ streaming expected release date that you may want to know as a subscriber to Apple's streaming service.
Apple's film strategy has focused on prestige and specialty titles, which has worked during awards season. Read what AAPL investors need to know about the effort.
For the sake of simplicity, let’s say F1 had a budget of $250 million. That would put its break-even point at around $625 million. That may seem a little confusing, but it’s generally believed that a movie needs to make 2.5x its budget to break even (consider all of the costs; fees to exhibitors, merchandising, taxes, and much more).
After another one to two months of PVOD exclusivity, F1: The Movie will then stream on Apple TV+. This means people waiting to watch it home at no extra charge will likely be waiting until October ...
Formula 1 could be coming to AppleTV+ in the future if the tech giant has its way. Apple wants to double down on its hit "F1" movie.
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