Apple & Steven Spielberg Team Up to Reboot 'Amazing Stories'

Apple & Steven Spielberg Team Up to Reboot 'Amazing Stories'

The Wall Street Journal reports today that Apple has signed a deal with Spielberg's Amblin Entertainment production company to reboot Amazing Stories. Even with ten episodes of Amazing Stories now in the works for approximately $5 million each, Apple Studios' remaining budget for the year is still well over $900 million.

Apple's intention of making more original video content is no secret.

It's not known for sure right now when filming will begin so it's likely going to be a while before we get to see what the Amazing Stories reboot looks like.

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"We love being at the forefront of Apple's investment in scripted programming, and can't think of a better property than Spielberg's beloved "Amazing Stories" franchise", Jennifer Salke, president of NBC Entertainment, said in a statement. A new deal reported by The Wall Street Journal could be the potential kick in the trousers its needs, bringing content from Mr. Movie Magic, Steven Spielberg to the platform. Apple is reviving the 1980s NBC anthology series from Steven Spielberg.

Back in August, Apple announced that it would invest a billion dollars in the production of original content - movies, shows, and anything else it could serve up on iTunes or Apple TV - over the next year. In June, the tech company hired executives Jamie Erlicht and Zack Van Amburg from Sony to fill newly created positions that oversee "all aspects of video programming". Apple Music has released unscripted series "Planet of the Apps" and "Carpool Karaoke", and is about to release a documentary about music industry legend Clive Davis.