Apple Acquires ‘Severance’ As It Grows In-House Studio

Apple has acquired the IP and all rights to 'Severance' from Fifth Season, with plans for a Summer 2026 start for Season 3, a four-season run, and potential universe expansion. The acquisition allows Apple Studios to manage production costs and tax credits more effectively. Apple Studios will continue to produce 'Severance', while Fifth Season will serve as an executive producer.