Apple has acquired the IP and all rights to its hit show “Severance” from its original studio, Fifth Season. Reported by Deadline. Under the deal, which was valued at just under $70 million, Apple’s in-house studio would produce future seasons of the show. Will remain as executive producer for the fifth season.
The deal is similar to the deal Apple made with AMC Studios for the science-fiction show “Silo” after the first season.
Severance will now be one of Apple’s flagship titles, joining popular series like “Your Friends and Neighbors” and “Stick.”
According to Deadline, the production costs of Severance exceeded the potential for a fifth season. The studio had already requested an advance from Apple and was considering moving production from New York to Canada for larger and quicker tax breaks. Since Apple certainly has the money to back the show, the company decided to take full control.
The severance is significant for the streamer, as the show’s second season became Apple’s most-watched series at the time. It also received the most nominations at the 2025 Emmy Awards.
Deadline reports that the show is expected to run for four seasons, with the possibility of spin-offs, prequels, and overseas versions.
