Recent hires Jamie Ehrlicht and Zack Van Amburg from Sony Television appear to be hard at work on landing a serious TV series for Apple.
Spielberg will likely serve as executive producer for the ten episodes, which reportedly each have a budget of over $5M.
Best Known Analyst's Ratings for: Barrick Gold Corporation (ABX)
Capital Innovations LLC's holdings in Barrick Gold Corporation were worth $344,000 at the end of the most recent reporting period. Current price level places the company's stock about -19.63% from the 52-week high and 20.97% away from the 52-week low.
When it comes to producing original content, Apple lags far behind the major streaming services like Netflix, Hulu and Amazon. Apple is reportedly rebooting the popular anthology series Amazing Stories which was produced by Steven Spielberg, a legendary director, producer, and screenwriter who needs no introduction. 10 episodes in total have been ordered, with each entry said to have a $5 million budget.
The anthology series has been percolating around Hollywood and primed for a revival for a few years now, and Apple stepped up with the right deal, The Hollywood Reporter says.
Steady Activities: The Walt Disney Company (DIS)
It increased, as 77 investors sold DIS shares while 606 reduced holdings. 108 funds opened positions while 638 raised stakes. Finally, Doyle Wealth Management grew its position in shares of Walt Disney Company (The) by 3.2% during the second quarter.
For those too young to remember, Amazing Stories was a sci-fi/horror series that ran rom 1985 to 1987 on NBC.
The project was originally in development at NBC with Hannibal creator Bryan Fuller attached, though it never progressed forward. And while Apple hasn't commented, NBC Entertainment President Jennifer Salke told the Wall Street Journal, "We love being at the forefront of Apple's investment in scripted programming, and can't think of a better property than Spielberg's beloved Amazing Stories franchise". Until now Apple's original video content - like the Carpool Karaoke spin-off - has been made available exclusively to Apple Music subscribers. The series however won a handful of Emmy awards and earned Spielberg a directing nomination for a World War II-themed episode called "The Mission".
United Nations slaps global port ban on ships for North Korea sanctions violations
The UN has imposed a global port ban on four vessels that violated UN sanctions against North Korea . North Korea's main economic partner China has signed up to the measures, as has Russian Federation .