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Apple's CEO and VP of Internet Services are Schmoozing it up at the Media Gathering of the Year

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1AF 99 TIM COOK EDDIE CUE

 

Once again Apple's CEO and Eddy Cue are at this week's summer camp for billionaires where media giants gather in Sun Valley. It's also where big corporate deals are secured. The invite-only event is being hosted by investment banking firm Allen & Co. In our cover graphic you're seeing Apple's Tim Cook and Eddie Cue schmoozing with the head of Disney Bob Iger. Despite this gathering, 'Recode' reports, "there isn't a big chance of Apple launching a TV subscription business anytime soon." Though "If it does happen, securing the rights to ESPN, which is controlled by Disney, would be the linchpin to Apple's streaming service." If a deal is made during this event, we're likely to only hear about it during one of Apple's product events scheduled for later this fall. For more on this, read the full Recode report here.

 

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