Apple's Oscar-Winning Ambitions to be Spearheaded By Six Original Movies a Year, With a Budget up to $30 Million per Film
Apple plans to produce six small-budget movies a year with an eye toward stories that could win Academy Awards, according to The New York Post.
![appletvplus 1](https://images.macrumors.com/t/xN8tqZrQoI64TwpUNPcw9DwQBfs=/400x0/article-new/2019/03/appletvplus-1.jpg?lossy)
The Post's sources claim Apple wants to spend between $5-$30 million on each movie, and that it has already approached "elevated" directors and other film talent about bankrolling projects with Oscar-winning potential.
Apple is looking to spend $5 million to $30 million per project, sources said, adding that the company is being driven by Netflix’s recent spate of Oscar nominations and win for Best Foreign Film with "Roma" — legitimizing Netflix head Reed Hastings' standing in Hollywood.
"They are taking meetings and hiring," one agency source said of Apple, adding that the meetings are being generated by the company's original feature films unit, headed by Matt Dentler, formerly of iTunes Movies.
According to the report, Apple's search for six small-budget movies is not related to its multiyear agreement to make films with A23, the studio that produced the Oscar-winning "Moonlight."
Apple is working on dozens of original TV shows and movies with high-profile directors, producers, and actors, with all of that content set to be available through a new Apple TV+ app that's going to be released this fall. Check out our dedicated roundup to learn everything that we know so far about Apple's new streaming TV service.
Popular Stories
Following nearly two years of rumors about a fourth-generation iPhone SE, The Information today reported that Apple suppliers are finally planning to begin ramping up mass production of the device in October of this year. If accurate, that timeframe would mean that the next iPhone SE would not be announced alongside the iPhone 16 series in September, as expected. Instead, the report...
Key details about the overall specifications of the iPhone 17 lineup have been shared by the leaker known as "Ice Universe," clarifying several important aspects of next year's devices. Reports in recent months have converged in agreement that Apple will discontinue the "Plus" iPhone model in 2025 while introducing an all-new iPhone 17 "Slim" model as an even more high-end option sitting...
Apple supply chain analyst Ming-Chi Kuo today shared alleged specifications for a new ultra-thin iPhone 17 model rumored to launch next year. Kuo expects the device to be equipped with a 6.6-inch display with a current-size Dynamic Island, a standard A19 chip rather than an A19 Pro chip, a single rear camera, and an Apple-designed 5G chip. He also expects the device to have a...
Apple typically releases its new iPhone series around mid-September, which means we are about two months out from the launch of the iPhone 16. Like the iPhone 15 series, this year's lineup is expected to stick with four models – iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max – although there are plenty of design differences and new features to take into account. To bring ...
Apple’s iCloud Private Relay service is down for some users, according to Apple’s System Status page. Apple says that the iCloud Private Relay service may be slow or unavailable. The outage started at 2:34 p.m. Eastern Time, but it does not appear to be affecting all iCloud users. Some impacted users are unable to browse the web without turning iCloud Private Relay off, while others are...