Published on October 10th, 2017 | by Brad Gibson0
Apple Strikes Deal With Spielberg for ‘Amazing Stories’ Return
Apple has struck a deal with renowned entertainment producer Steven Spielberg and his television production company Amblin Television and Universal Television to make new episodes of the science fiction and horror anthology series “Amazing Stories,” the Wall Street Journal reported Tuesday (subscription required).
The agreement calls for 10 episodes to be produced of the science fiction television anthology series that ran on NBC in the mid-1980s for two seasons. Spielberg will likely be an executive producer for new the version of the show, sources told the paper.
An executive involved in the project said the budget for the show will be significantly more than $5 million an episode.
“Amazing Stories” is the first show to be announced by Apple since it hired former Sony Corp.’s top Hollywood television executives Zack Van Amburg and Jamie Erlicht in June to help lead the tech company’s push into original video programming.
In producing original content, Apple is going up against the likes of Netflix, HBO, and Amazon which all have larger production budgets and have an earlier start on programming.
It is not known what the strategy will be on distribution of new video content like “Amazing Stories” and whether it will be free content with commercials or part of a subscription service model.