From a piece posted Monday for Information subscribers by Tom Dotan:
HBO’s former programming head Michael Lombardo met with Apple executives earlier this year to discuss Apple’s video programming strategy, says a person familiar with the talks. The talks suggest Mr. Lombardo could be a candidate to run Apple’s video efforts. Apple has been looking to fill that role, said another person briefed on those efforts.
Hiring a programming chief would signal to the entertainment community that Apple was serious about making its own shows and movies. While the company has taken on a few projects like reality competition show “Planet of the Apps” and the “Carpool Karaoke” series, many in Hollywood have been flummoxed by what exactly Apple wants to do with video. Questions include how far Apple wants to go in making its own shows and whether it wants to compete with Netflix, Amazon and Hulu.
Takaway: Apple’s hiring of an executive to lead its video programming efforts would clarify its programming strategy for Hollywood. The entertainment industry is still unclear about Apple’s larger ambitions.
Investors are unclear too. Flummoxed, even.