This week we discuss the rumors that Apple is weighing an annual bid of $2 billion for Formula 1 racing, with the opportunity to purchase global rights after five years. We also detail how Candle Media's earnings are predicted to be between $140 and $170 million, which is less than the $330 million initial expectation. According to reports, Candle Media spent $900 million for Hello Sunshine and $3 billion for Moonbug Entertainment. Finally, we detail how Taylor Swift has already sold more than $100 million worth of advance tickets at AMC Theatres as she continues her worldwide domination across all forms of media.