Party's over: Apple tries to shrink costs of Apple TV+ productions

Billions have been spent on Apple TV+ original TV shows and movies, but now there is more pressure to control how the massive budgets are spent on productions.Foundation for Apple TV+ had a budget of $5M per episodeLike other major streaming services, Apple has spent a lot of money on original programming. Now, it wants to try to be more thoughtful with its expenditure on video content.According to sources of Bloomberg, Apple SVP of Services Eddy Cue has been holding budgetary meetings with studio heads Zack Van Amburg and Jamie Erlicht. After allegedly spending more than $20 billion on productions so far, Cue supposedly wants to refine how the money is spent. Continue Reading on AppleInsider | Discuss on our Forums