Apple Reportedly Lands Deal With Steven Spielberg for ‘Amazing Stories’

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Apple has reportedly grabbed a huge deal for its original video content push, landing one of the more high-profile projects from a notable director.

According to a report from The Wall Street Journal, Apple has signed a deal with Steven Spielberg and Amblin Television for the long-gestating Amazing Stories. If the title sounds familiar, it might, considering it is a science-fiction and horror anthology series that originally ran on NBC back in the 1980s. Apple’s deal means that new episodes in the series will be produced by the company.

“The tech giant has struck a deal with Mr. Spielberg’s Amblin Television and Comcast Corp.’s CMCSA -0.36% NBCUniversal television production unit to make new episodes of “Amazing Stories,” a science fiction and horror anthology series that ran on NBC in the 1980s, according to people familiar with the matter.”

According to the report, Spielberg will be producing 10 episodes in the new series, and each episode will cost around $5 million each. When the new series will launch remains unknown, though, but from the sounds of it is still pretty ground level and just getting into the funding stages.

This is actually the second time that Amazing Stories has been brought up in relation to Apple, with a report back in September lending credence that Apple was busy trying to land the deal in the first place. It looks like they were successful with one of the more popular options out there.

If that isn’t enough, the report also indicates that recent hires at Apple, Zack Van Amburg and Jamie Erlicht, are working on developing a streaming service that would effectively rival competitors like Netflix, Hulu, and Amazon Studios:

“…building out a video strategythat is expected to include a streaming service that rivals Netflix Inc., Inc. and others.”

This would not be the first time that Apple has been rumored to be launching a streaming service, but all of those previous talks have reportedly ended in a road block for the company. With the new hires, who are veterans of the entertainment industry, something could change on that front, though.

[via The Wall Street Journal]