Apple reportedly paid 20 million for the 'The Banker,' its first major movie whose release is now in doubt
Get the Full StoryAppleApple bought "The Banker" for 20 million after watching an eight-minute sizzle reel, according to The New York Times.
The movie's release has been delayed after its real-life subject's son, Bernard Garrett Jr., was accused by his half sisters of molesting them when they were young.
The movie's filmmakers, cast members, and crew members issued a statement last week defending the movie, saying "we stand by the film, and its positive message of empowerment."
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The release of Apple's first big movie, "The Banker," is in limbo and now we have a sense of how much that might cost the company.
Apple bought the worldwide rights to the movie in June for " 20 million based on an eight-minute sizzle reel," The New York Times reported on Friday, citing two anonymous people close to the movie.See the rest of the story at Business InsiderNOW WATCH: Watch the 20 details you may have missed in the new trailer for 'Birds of Prey'See Also:POWER RANKING: Here's who has the best chance of becoming the 2020 Democratic presidential nomineeA step-by-step guide to get richer, healthier, and happier in 31 daysApple's 'The Banker' crew and actors, including Samuel L. Jackson, defended the movie after its real-life subject's son was accused of sexual abuse
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