Apple Ramping up Its Spending to Millions of Dollars on Original TV Content

The Financial Time reports that last year Eddy Cue offered Olaf Olafsson, head of corporate strategy at Time Warner, of Apple buying out the company. The idea was passed around in passing and never really materialised. However, Apple continues to be interested in the media field as it is ramping up its spending to “several hundred million dollars a year” on original content.

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