- The Wall Street Journal reports that Apple (NASDAQ:AAPL) has struck a deal with Steven Spielberg to produce new episodes of a classic 1980s sci-fi and horror anthology.
- The deal involves Apple, Spielberg’s Amblin Television, and Comcast’s (NASDAQ:CMCSA) NBC and pertains to NBC’s show “Amazing Stories.”
- Spielberg will likely serve as executive producer for the ten episodes, which reportedly each have a budget of over $5M.
- Apple has committed $1B to developing original programming over the next year and has hired top talent including former Sony TV executives Zack Van Amburg and Jamie Erlicht.
- Apple has dropped its planned Elvis Presley biopic with the Weinstein Co. as Harvey Weinstein’s removal from his company, due to an increasing number of sexual assault allegations, triggered a clause that let Apple leave the deal.
- Previously: 64% of Americans own an Apple product; Supreme Court seeks advice on Apple case (Oct. 10)
- Now read: Forget iPhone 8 Pre-Orders, The X Is Where Everyone Is Looking
Original article