"Under the pact, which sources peg at just under $70 million, Apple’s in-house Apple Studios will be the studio on the Emmy-winning series going forward, with indie Fifth Season becoming an executive producer."
Philip Elmer-DeWitt has been covering Apple since 1983 — mostly for Time Magazine (28 years), later for Fortune (9 years), where he wrote a daily blog called Apple 2.0. [Read more.]