“Shares in US social media giant Twitter jumped Monday, lifted by news reports of discussions to make its streaming broadcasts available on Apple TV,” Agence France-Presse reports.
“The stock was up 6.58 percent at $20.82 in midday trading on the New York Stock Exchange, marking the first time since early January that Twitter shares have topped $20,” AFP reports. “The rise came after a New York Times story citing people familiar with the matter as saying that Twitter was exploring the potential of an application for the Apple TV device that allows streaming of online content to television screens.”
“Earlier this year Twitter struck a deal with the National Football League to stream Thursday night American football games, and it also streamed content from the Wimbledon tennis tournament,” AFP reports. “An agreement with Apple TV could extend Twitter video broadcasts to the biggest screens in homes, engaging more users and increasing the potential for revenue.”
Read more in the full article here.
MacDailyNews Take: Make it so.
Twitter in talks with Apple to launch Apple TV app for NFL Thursday Night Football live streaming – August 15, 2016
Twitter wins deal to stream NFL Thursday Night Football – April 5, 2016
Apple declines to place bid on NFL Thursday Night Football – March 3, 2016
The Super Bowl that killed cable: NFL streams the big game on Apple TV, no cable or satellite account required – February 4, 2016
Apple, Amazon, Google, Yahoo expected to bid on NFL Thursday Night Football – December 16, 2015
NFL Thursday Night Football rights could be worth a quarter of a trillion to Apple (or Amazon) – December 8, 2015
Apple could make $15 billion from winning the rights to NFL Thursday Night Football – November 27, 2015
Looks like AAPL is up a bit after hours as the news comes out
Twitter on TV? Does that make sense?