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.Tim C now

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.

Apple CEO Tim Cook appearing in a 'Severance' ad with the title above his head
Tim C now owns Severance

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.

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