It was only a matter of time before Apple set its sights on the feature-film market, and its first movie might be animated.
Citing anonymous sources privy to private negotiations, Bloomberg reports Apple is close to a deal for distribution rights for an as-yet-unmade movie from Irish animation studio Cartoon Saloon. The studio is known for Song of the Sea and Secret of Kells.
Bloomberg's sources say the film could possibly get a theatrical release, which would qualify it for Academy Awards consideration.
If this deal comes to fruition, the movie will join an expanding slate of Apple-related productions, including TV shows(with J.J. Abrams) and , a coming-of-age comedy inspired by the life of poet Emily Dickinson.
Hulu and Amazon. Part of that is already going to a and a .meant to fund shows and movies aimed at competing with streaming-video juggernauts like Netflix,
We don't know yet how viewers will access this upcoming avalanche of streaming video content. Apple declined to comment about the potential movie deal.