Apple Acquires ‘Severance’ As It Grows In-House Studio; Series Eyes Summer S3 Start, 4-Season Run & Universe Expansion; Fifth Season To EP

In a deal finalized late last year, Apple acquired the IP and all rights to the Emmy-winning series 'Severance' from Fifth Season. Apple Studios will now produce the series, which is expected to start filming for its third season in the summer, with plans for a four-season run and potential universe expansion. The acquisition allows Apple to better manage the show's financial and creative aspects, including the possibility of expanding the 'Severance' franchise.