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Spike Lee swings from ‘Highest 2 Lowest’ with new film and cancellation of ESPN documentary

1. Spike Lee's film 'Highest 2 Lowest' received critical acclaim upon release. 2. The movie, co-produced by AAPL, is set for wider distribution on Apple TV+. 3. Lee's film scored 90% on Rotten Tomatoes, highlighting strong early reception. 4. Lee's ESPN docuseries on Colin Kaepernick was canceled due to creative differences. 5. The new film's positive reviews could boost AAPL's media credibility.

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FAQ

Why Bullish?

The strong critical reception can enhance AAPL’s brand in media, similar to previous successes like 'Ted Lasso'.

How important is it?

Positive media reception can influence AAPL’s growth in entertainment, especially with a high-profile star like Denzel Washington.

Why Short Term?

Immediate buzz around the film might drive AAPL’s stock in the coming weeks, especially with Apple TV+ scheduled release.

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