Apple Buys the Rights to Tom Hanks Movie "Greyhound"

Apple (NASDAQ: AAPL) just bought the rights to movie star Tom Hanks' World War II film Greyhound, which had originally been slated for a Father's Day release in theaters but because of the COVID-19 pandemic will debut online.

IMAGE SOURCE: GETTY IMAGES.

The film, which Apple paid $70 million for streaming rights to the film for fifteen years, CNBC reports. The film, which Hanks wrote and Sony (NYSE: SNE) produced, cost around $50 million to make, according to the CNBC report. 

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Source Fool.com