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Apple expanding original content offerings with Steven Spielberg's 'Amazing Stories' reboot

Apple expanding original content offerings with Steven Spielberg's 'Amazing Stories' reboot

The original "Amazing Stories" aired in 1985, but it was a ratings dud and was canceled two years later.

The deal involves a 10 episode reboot of "Amazing Stories", a science fiction and horror anthology series that ran on NBC in the 1980s and was created by Spielberg, the WSJ reported, citing people familiar with the matter. It was not clear if Mr. Spielberg will be actively involved in the series. But the Journal quotes an executive as saying each episode of the new Amazing Stories will have a budget of more than $5 million dollars. But it's not NBC (which owns Amblin) or streaming contenders like Netflix and Amazon reportedly close to a deal-it's Apple. Still, the lingering questions have not stopped Hollywood talent and their reps from barraging the deep-pocketed company, which hired Van Amburg and Erlicht from Sony Television in June to spearhead Apple's content acquisitions and video strategy, which spec scripts.

Variety confimed the report and noted "Jennifer Salke, president of NBC Entertainment adding that "It's wonderful to be reunited with our colleagues Zack [Van Amburg] and Jamie [Erlicht] in their new capacity at Apple". With fellow tech companies like Facebook entering this space, the original content landscape looks primed for change in the near future.

It's still unclear how Apple will release its shows - or when. Its Carpool Karaoke spin-off series debuted this fall, and Cupertino unveiled an app development competition series (called Planet of the Apps) at WWDC this summer. In the meantime: where do you folks standing on Amazing Stories?