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Apple Delays Theatrical Release of Its Movie ‘The Banker’

Mark Gurman

(Bloomberg) -- Apple Inc. said it is delaying the theatrical release of “The Banker” after one of the movie’s producers was accused of assault by a family member.

The film, starring Samuel L. Jackson and Anthony Mackie, was due to hit theaters Dec. 6. Apple acquired worldwide rights in July.

Earlier this week, Apple said that “some concerns surrounding the film were brought to our attention” and that the company needed “some time to look into these matters and determine the best next steps.”

Cynthia and Sheila Garrett, daughters of the film’s protagonist, accused their half-brother, Bernard Garrett Jr., of sexually assaulting them when they were children, according to a report late Wednesday by the Hollywood Reporter. Garrett Jr., one of the movie’s producers, didn’t respond to the Hollywood Reporter’s request for comment.

While a release in theaters was scheduled for next month, Apple hadn’t said when it would stream the movie on its new Apple TV+ video service.

Hollywood has been rocked in the past few years by the #TimesUp movement, which encourages people to come forward with their experiences of abuse and intimidation by people in power. Apple, which only recently began a full-fledged foray into the glitzy world of Hollywood, is now getting a taste of how swiftly fortunes can change in a scandal-plagued industry.

The delay is a black eye for the TV+ service, which launched Nov. 1 to negative reviews of its main offering “The Morning Show.” Since the initial episodes, reviews had been more favorable. The $4.99-a-month service is a key component of Apple’s push into digital services.

To contact the reporter on this story: Mark Gurman in Los Angeles at mgurman1@bloomberg.net

To contact the editors responsible for this story: Tom Giles at tgiles5@bloomberg.net, Alistair Barr, Rob Golum

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