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Apple to spend $1bn on original content and produce up to 10 new shows over the next year, according to report

<div class="feat-image">(https://9to5mac.files.wordpress.com/2017/04/apple-tv.jpg?quality=82&strip=all&w=1000&h=500)</div><p>[Update: Bloomberg (https://www.bloomberg.com/news/articles/2017-08-16/apple-said-to-plan-1-billion-investment-in-tv-shows-and-films) cooberates.]</p>
<p>Apple appears to be taking original content production very seriously. Building on significant talent (https://9to5mac.com/2017/06/16/apple-original-content-hires-sony-television-execs/) hires (https://9to5mac.com/2017/08/15/apple-hires-former-wgn-america-head/), the Wall Street Journal writes Apple has readied a $1 billion budget to ‘procure and produce’ content over the next year.</p>
<p>The report says (https://www.wsj.com/articles/apple-readies-1-billion-war-chest-for-hollywood-programming-1502874004) the sum is about half what HBO spent on production last year. Apple could launch up to ten new shows, with Apple SVP Eddy Cue said to have ambitions to offer shows that rival Game of Thrones.</p>
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Source: Apple to spend $1bn on original content and produce up to 10 new shows over the next year, according to report (http://feedproxy.google.com/~r/9To5Mac-MacAllDay/~3/O8IyuVlm3eY/)