Apple’s streaming TV service remains shrouded in mystery

Apple TV Streaming

It's certainly no secret that Apple has grand ambitions in the TV streaming space. Over the past few months alone, the company has made a number of intriguing and notable series purchases. Two of the more prominent deals include a multi-million dollar deal to reboot the 80s sci-fi classic Amazing Stories and a new original series from Damien Chazelle, the famed director and writer behind films such as La La Land and Whiplash.

Competing with incumbents like Netflix and HBO is clearly a tall and expensive endeavor, though coming up with cash to pay for projects is obviously not a concern for Apple given the company's swelling bank account. What's more, word is that Apple has given the folks in charge of its TV unit -- former Sony execs Jamie Erlicht and Zack Van Amburg -- a $1 billion pool from which they can draw from to help develop, produce, and acquire original content.

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Apple’s streaming TV service remains shrouded in mystery originally appeared on BGR.com on Sun, 22 Apr 2018 at 15:30:51 EDT. Please see our terms for use of feeds.

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