Hypebeast -
12 Feb 2026 10:07

SummaryApple has purchased the full intellectual property rights to Severance from Fifth Season in a deal valued at approximately $70 million USDThe move shifts production duties to Apple Studios, aiming to stabilize budgets after Season 2 costs reportedly hit $20 million USD per episodeWhile Season 3 is set to begin filming this summer, reports confirm that a fourth season is effectively "locked," with potential spinoffs now on the tableApple has officially solidified its grip on Lumon ...
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