Apple is reportedly in talks with an Oscar-nominated studio to get into the movie business
- Apple is reportedly in talks to buy the distribution rights to a movie from Irish animation studio Cartoon Saloon.
- The Ireland-based production company has made Oscar-nominated films like "The Breadwinner."
- The talks, reported by Bloomberg, are another signal of Apple's video ambitions.
Apple is close to agreeing a deal to buy the distribution rights to a movie from Irish animation studio Cartoon Saloon, Bloomberg reports.
Cartoon Saloon is based in Kilkenny, Ireland and has produced three Academy Award-nominated features: "Secret of Kells," "The Breadwinner," and "Song of the Sea." It also produces the children's TV series "Puffin Rock," narrated by "Bridesmaids" star Chris O'Dowd.
Citing anonymous sources, Bloomberg said a deal is being negotiated between Apple and Cartoon Saloon for the rights to an unnamed movie, which is more than a year from release.
One of the sources said a theatrical release would be possible, and noted that other potential movies are also in the works.
While the deal is not yet closed, it is another signal of Apple's video ambitions. The company already makes shows like "Carpool Karaoke," and has a crop of original shows planned.
Business Insider has contacted Apple and Cartoon Saloon for comment.
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