There is no reader who does not know Formula 1 racing. Speeding cars, engine sounds resembling jets, and spectators constantly standing up with excitement… In short, it offers you the maximum excitement you need from an automobile race. However, being able to watch these races comes with a price. And perhaps Apple will increase this price a little more. Here are the details of the claims about Apple and Formula 1 races…
Apple will purchase exclusive broadcasting rights of Formula 1 races!
Although there is nothing definitive on the subject, many different media outlets have made the same claims. According to the latest news from Business F1 magazine, Apple has its sights set on Formula 1 as its next big sports investment. According to Apple’s internal studies, the company wants to purchase the publishing rights for a fee of around $2 billion.
Even though there is nothing definitive, many people describe it as “certain”. Because after the 2 billion dollar offer, Apple will earn “twice” the fee of Formula 1’s agreement with any television channel. This will be considered as a “minor” competition between Apple, which increases the competition, and perhaps a few television channels that cannot compete with it.
Oh man: Netflix has officially terminated its main business!
Netflix has officially ended its story, which it started before it became a digital platform. Here is Netflix DVD rental service in detail…
If Apple wins the agreement in question, we will probably see an independent subscription system on Apple TV. Apple will earn additional income with this membership system, which will be opened for those who like to watch Formula 1. However, the other issue here is that it cannot be watched without purchasing the Apple TV “product” and the global rights of Formula 1 will not be in the hands of Apple for a while.
Another leak is that Apple wants to expand the borders by making regional agreements in order to eliminate these problems. We do not have exact details for now, but the situation between Apple and Formula 1 will become clear in the coming days.