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As the $3 trillion company’s stock drops and its leadership scrutinizes the money-losing Apple TV+ service, some around town are asking whether the streaming ambitions become expendable if the share price or overall financials grow more challenged.
At lunch with an agent last week, the first question he asked wasn’t about Disney succession, or the mysteriously ongoing employment of the Russo brothers, or even whether David Zaslav has soured on Mike and Pam at Warner Bros. Instead: “What are you hearing about Apple?”
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