Apple acquires all rights to Severance, will produce future seasons in-house

Apple has secured full ownership of the intellectual property for its acclaimed series 'Severance' from its original production partner, Fifth Season, as reported by Deadline. This acquisition, valued at nearly $70 million, allows Apple’s in-house production team to oversee future seasons of the show, while Fifth Season will continue to serve as an executive producer. This strategic move mirrors a previous agreement Apple made with AMC Studios for the sci-fi series 'Silo' following its inaugural season. 'Severance' is now poised to become one of Apple's flagship offerings, joining other successful titles like 'Your Friends and Neighbors' and 'Stick.' Deadline notes that production costs for 'Severance' had escalated beyond Fifth Season's budget, prompting the studio to seek financial advances from Apple and consider relocating production from New York to Canada for more substantial tax incentives. With Apple’s extensive resources at its disposal, the tech giant opted to assume complete control of the series. 'Severance' holds significant value for Apple, having garnered the title of the company’s most-watched series during the airing of its second season and achieving a record number of nominations at the 2025 Emmy Awards. Reports indicate that the series is anticipated to span four seasons, along with potential spin-offs, prequels, and international adaptations.