Apple may be kicking the tires at acquiring a major Hollywood studio in Time Warner.
According to a report Thursday in the Financial Times, Apple SVP of senior vice president of Internet Software and Services Eddy Cue floated the idea of an acquisition at a meeting with Time Warner head of corporate strategy Olaf Olafsson late last year.
The discussion did not get beyond preliminary stages, per the Financial Times, and never included Apple CEO Tim Cook or Time Warner CEO Jeff Bewkes, both of whom would obviously be crucial if the talks pick up steam.
For Apple, acquiring Time Warner would better position the tech giant to compete with Amazon and Netflix when it comes to original content.
Time Warner is responsible for several of the hottest content in entertainment, both through cable networks like HBO, with its hit series like “Game of Thrones,” as well as the movie studio Warner Bros., which is one of the most prolific in Hollywood in terms of volume of theatrical releases.