Apple Studios is now the owner of "Severance," with the original owners, Fifth Season, sticking around as executive producers, and there are plans to expand the IP's universe.
As everyone waits for season 3 of Severance, there's news that may just ensure the series has a long future on Apple TV. It started as a series leased from Fifth Season, but now it will join Apple Studios as an in-house production.
The news comes from Deadline, which says the series sold to Apple for around $70 million. The original studio is sticking around as executive producers.
Apple TV licenses content like Ted Lasso, but half of its series are in-house productions for Apple Studios. Fifth Season is responsible for Your Friends and Neighbors, Stick, Sugar, and Palm Royale.
While this deal shouldn't cause any significant changes to the series, it does mean that Apple plans a more significant investment in the series as a whole. We've seen a State Farm ad and Tim Cook appearing in a trailer for the Season 2 announcement date, so more of that is possible at a minimum.
While not green lit, season 4 is expected, but whether or not season 5 will exist will be determined by Ben Stiller. However, spinoffs are possible as a way to promote the series and keep up interest between seasons.
The deal is beneficial to Apple and the former studio, as financial concerns could have forced production to move from New York to Canada. Each episode of season 2 was estimated to cost around $20 million each, but Apple can easily foot the bill.
The time between seasons may continue to be quite long, as the writers prefer making corrections during the scriptwriting process and not during production. So, every script has to be finished before filming.
Season 3 is expected to begin filming sometime in the summer of 2026, so it may still be some time before a release. In the meantime, we might see the return of Tim C as the new owner of the fan-favorite series.
