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DOSSIER – In this archive photo from June 13, 2016, the Apple logo is displayed on a screen during the Apple Worldwide Developers Conference conference at the Bill Graham Civic Auditorium in San Francisco. Apple has signed a multi-year contract with A24, the famous New York-based studio behind "Moonlight" and "Lady Bird", to produce a list of films. Neither Apple nor A24 commented Thursday, November 15, 2018. (AP Photo / Tony Avelar, File) The Associated Press
By JAKE COYLE, AP Movie Writer
NEW YORK (AP) – Apple has signed a multi-year production contract with A24, the famous New York-based studio, behind "Moonlight" and "Lady Bird".
Persons close to the contract who requested anonymity because they were not allowed to comment confirmed the agreement on Thursday. Apple invests in scripted content to compete with Netflix and Amazon. The agreement puts Apple in touch with one of the most respected producers of prestige films and fiction films.
Neither Apple nor A24 commented on Thursday. It is not known how many films are included in the contract or if the films will be distributed in theaters.
According to rumors, A24 could potentially be an acquisition target for Apple. This deal leaves the distributor with films like "The Witch", "Mid90s", "Hereditary" and "Eighth Grade" with its independence.
Copyright 2018 The Associated Press. All rights reserved. This material may not be published, disseminated, rewritten or redistributed.
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