tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

F1 to experience growing pains with Apple TV+, payoff long-term, Bloomberg says

While F1 has not yet announced if it has accepted the deal with Apple (AAPL), the partnership will come with a painful trade-off, requiring more casual fans to buy an Apple TV+ subscription will throw the cable-led growth into a sharp decline, Adam Minter of Bloomberg reports. The sacrifice, however, is poised to pay off in the long term, with Apple’s upscale image to help differentiate F1 from other sports and Apple’s technology a potential game changer for how fans experience motorsports.

Elevate Your Investing Strategy:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1