Hey Netflix, Apple reportedly has $1 billion to spend on new TV shows

Apple dipped a toe into TV. Now it's preparing to do a cannonball. 

Apple has set aside $1 billion for original video over the next year, according to the Wall Street Journal. The money would go to as many as 10 different shows in an attempt to put Apple on the map alongside Netflix, Amazon, HBO, and many other companies that are making high-end internet-delivered video.

SEE ALSO: Netflix nabs Shonda Rhimes, commencing total TV takeover

Just where those shows would appear is not immediately clear, as Apple doesn't have a dedicated video platform... yet. The two original shows it has made so far ("Planet of the Apps" and "Carpool Karaoke") were in Apple Music. Read more...

More about Apple, Planet Of The Apps, Business, Media Industry, and Big Tech Companies

COntributer : Mashable http://ift.tt/2vCTtCk

Exhibit rare genuine handcrafted multi-ethnic products of the people in Island of Borneo!