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Apple, Steven Spielberg Team Up on ‘Amazing Stories’ Reboot

The show will cost $5 million per episode

   

Apple (NASDAQ:AAPL) and Steven Spielberg have teamed up to roll out an Amazing Stories reboot.

Apple
Source: Brad Moon

Spielberg’s production company Amblin Entertainment is producing the anthology series, which first aired from 1985 through 1987. The move is part of a push by Apple to launch more original content on its video streaming outlet.

The creation of the show will be made available thanks to NBCUniversal’s television production unit, and a $5 million budget per episode will facilitate the creation process.

Spielberg will likely be the Amazing Stories executive producer, although not much is known about what exactly his role will be on the show. Hannibal’s Bryan Fuller will be the showrunner.

Amazing Stories is essentially an updated version of The Twilight Zone or The Outer Limits, with each episode telling a standalone story that is either scary, magical or horrifying. The directors featured in the original version of the show included Robert Zemeckis, Tobe Hooper, Brad Bird, and Spielberg.

It was a monumentally popular show that went on to win five Emmys over its two years. However, NBC cancelled the show after its second season.

The move is part of a $1 billion investment by Apple to create original content over the coming year. Jamie Erlicht and Zack Van Amburg will be at the helm of the initiative–those two oversaw the creation and broadcasting of Breaking Bad.

AAPL stock surged a fraction of a percentage Tuesday.


Article printed from InvestorPlace Media, https://investorplace.com/2017/10/apple-inc-aapl-steven-spielberg/.

©2017 InvestorPlace Media, LLC