According to a new report from The Wall Street Journal, via 9to5 Mac, Apple has just signed a deal with Steven Spielberg to make new content.
âThe tech giant has struck a deal with Mr. Spielbergâs Amblin Television and Comcast Corp.âs CMCSA -0.36% NBCUniversal television production unit to make new episodes of âAmazing Stories,ââ said the WSJ.
The WSJâs sources say that Spielberg will be producing 10 episodes of the series, with each episode expected to have a budget of at least $5 million. Previous news stories about Appleâs content-creation plans have said that the company has set aside a budget of $1 billion for up to 10 original series to be created in 2018.
The WSJ also says that Apple executives Jamie Ehrlicht and Zack Van Amburg, who recently moved to Apple from Sony Television, are âbuilding out a video strategy that is expected to include a streaming service that rivals Netflix Inc., Amazon.com Inc. and others.â
Source: WSJ: Apple strikes deal with Steven Spielberg for new âAmazing Storiesâ sci-fi