Apple executive Eddy Cue reaffirms commitment to expanding entertainment offerings

Cue highlighted the success of Apple's previous ventures, including the Oscar-winning film "CODA," the box-office hit "F1," and Emmy-winning shows like "The Studio" and "Ted Lasso." He indicated that the company's upcoming chief executive, John Ternus, is a strong supporter of Apple's entertainment content.

Regarding future projects, Cue confirmed that a script for a sequel to the racing drama "F1," which grossed over $634 million globally, is currently being developed. He emphasized Apple's strategy of producing films for both streaming and theatrical distribution, noting that the dual approach has proven effective.

"The types of movies that we're creating, some of them will go to streaming," Cue stated. "But we know that we're making movies that are to go to theaters, and we'll keep doing that. I think it's very complementary. I think going theatrical did not hurt us with 'F1.' People loved it when we brought it out on Apple TV and people loved it in the theater."