Apple Sets Aside '$1 Billion War Chest' for Hollywood Programming

MacRumors
By Tim HardwickAug 16, 2017, 7:21 am702 pts
Apple has earmarked $1 billion to acquire and produce original television content over the next year to compete with the likes of Netflix and Amazon, the Wall Street Journal reported on Wednesday. The plans could see Apple procure and produce as many as 10 television shows, according to people familiar with the…

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