Apple’s F1 film helped drive Formula One Group’s top-speed revenue growth
The F1 movie isn’t just a hit for Apple. The Formula One Group credits Apple in part for its recent revenue boost. The Hollywood Reporter has the story: The company, which is owned by Liberty Media, saw a one-time revenue increase from the release of the film in late June, which contributed to the group’s 40 percent rise in revenue year-over-year to hit $1 billion. Executives quantified the impact of the movie on revenue as “as a mid-teens number for the quarter,” with other drivers including