Apple is really showing how committed it is at crashing the TV entertainment space with its latest partnership with legendary filmmaker Steven Spielberg. The iPhone maker is set to reboot the “Amazing Stories” series in its bid to produce original content and compete with Netflix and Amazon. On that note, Apple hasn’t really provided context with regards to its end goals pertaining to this production.
As Recode notes, Apple is proving that it is serious about making it in show business with a series of actions that include hiring big-time TV producers and setting a budget of $1 billion in making shows. Now, the company is doubling down by reviving Spielberg’s “Amazing Stories” program, which was part of NBC’s lineup back in the 80s.
The news was actually broken by The Wall Street Journal yesterday, revealing that each episode could have a budget of up to $5 million per episode and will go for 10 episodes. Apple did not comment on the news, but NBC Entertainment president Jennifer Salke was more than happy to share her thoughts.
“It’s wonderful to be reunited with our colleagues Zack [Van Amburg] and Jamie [Erlicht] in their new capacity at Apple,” Salke said. “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 with the genius of Bryan Fuller at the helm and more exciting creative partnerships to come.”
On that note, this news also has several commenters and publications scratching their heads and wondering why Apple is even producing original content. In the past, the company has used TV projects to promote its music streaming service, but that’s been scrapped.
Some are actually wondering if Apple is just winging it, at this point. The company has been falling behind with regards to innovation and interest in its products is dying down. What’s more, $1 billion is not likely to be enough to offer subscription services like Hulu or Netflix.
So, what exactly is Apple planning? At this point, nobody really knows, perhaps not even Apple.


TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock
SpaceX Seeks FCC Approval for Massive Solar-Powered Satellite Network to Support AI Data Centers
Sam Altman Reaffirms OpenAI’s Long-Term Commitment to NVIDIA Amid Chip Report
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
Nvidia Confirms Major OpenAI Investment Amid AI Funding Race
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
Palantir Stock Jumps After Strong Q4 Earnings Beat and Upbeat 2026 Revenue Forecast
Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 



