Apple gets serious about Hollywood Aug. 16, 2017
Post# of 96879
Aug. 16, 2017 6:15 AM• SA Editor Yoel Minkoff
Apple (NASDAQ:AAPL) has set a budget of roughly $1B to procure and produce original content over the next year, WSJ reports, and could acquire and produce as many as 10 television shows.
The budget will be in the hands of Hollywood veterans Jamie Erlicht and Zack Van Amburg, poached in June from Sony Corp. to oversee content acquisition and video strategy.