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Apple spend a billion dollars on the creation of video content

The company has allocated one billion dollars to create original video content in 2018, according to The Wall Street Journal, citing sources familiar with the company’s plans.

In 2018, funds will be spent on the production of 10 TV series and TV shows. Investment in filming the Comedy series are estimated at two million dollars per episode, drama series — up to five million dollars. Big-budget projects of level of “Game of Thrones” will require an investment of over ten million dollars for a series.

In comparison with competitors, attachments, Apple is not surprising. Netflix, for example, the series plans to spend in 2017 six billion dollars. Costs Amazon on the production of TV series and movies will be up to $ 4.5 billion. Last year for the same purpose HBO spent two billion dollars.

Video content will be streamed via Apple Music. Now there is show Carpool Karaoke series Plane of the Apps. For series and shows will be the responsibility of the JAMA Erlicht and Zack van Amburg, both hail from Sony. Today it became known that Apple hired the former Director of the TV channel WGN America. It is reported that he will head a division of Apple dedicated to creating video content.

Source: Mashable

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