Apple is poised to win rights to stream F1 racing in US
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As racing drama "F1" celebrates a victorious box office lap, Parrot Analytics reports soccer comedy "Ted Lasso" generated more than $500 million since 2020
The Movie' starring Brad Pitt and Damson Idris has grossed $293 million globally, surpassing other Apple releases at the box office.
But the movie cost at least $350 million to make and market, analysts said, so it will need to attract substantial crowds in the weeks ahead to make money.
Before its streaming debut on Apple TV+, there will be another way to watch F1: The Movie when it arrives on digital platforms. Warner Bros is distributing the movie in cinemas and, typically, its movies are available to buy or rent from around one month after their cinema release.
“‘F1’ is going to be Apple’s biggest release at the box office by far,” says David A. Gross, who runs the FranchiseRe movie consulting firm. “This film looks like the successful business model Apple has envisioned and wanted to execute for several years.”
F1: The Movie has given Apple its first-ever box office hit. The racing movie starring Brad Pitt and directed by Joseph Kosinski dominated the weekend box office in North America and also globally on its debut, raking in $55.6 million in the U.S. and Canada, and about $144 million worldwide, making it the top-performing release.