The tech giant is nearing a deal for a remake of the cult Spielberg-produced anthology series, which aired from 1985-87 series on NBC. Deadline is reporting that everyone's favorite Mac maker zeroing in on a reboot of Steven Spielberg's "Amazing Stories" as one of its first series in its foray into original programming under Jamie Erlicht and Zack Van Amburg, heads of the newly formed worldwide video programming division. 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.
The deal involves Apple, Spielberg's Amblin Television, and Comcast's (NASDAQ:CMCSA) NBC and pertains to NBC's show "Amazing Stories".
"We love being at the forefront of Apple's investment in scripted programming", Jennifer Salke, NBC's entertainment president, said in a statement. It's not entirely clear if Spielberg will have a hands-on role in the new show, though the WSJ says the Oscar-winning director will likely be an executive producer.
What is still unclear is how Apple will distribute the show to an audience.
Back in in August, Apple announced that it was developing its own streaming platform to compete with the likes of Netflix and Amazon and was budgeting $1 billion for original content. Will it be apart of some new service they are launching or will it join Apple Music as the other Apple original shows have been so far. 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.