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Apple sets $1 billion budget for original TV shows

Apple is finally putting its money where its mouth is, setting aside $1 billion to pursue the original programming agenda it's been making so much noise about it recent times. In June, the company poached Jamie Erlicht and Zack Van Amburg -- the TV execs behind Breaking Bad and The Crown -- from Sony, noting at the time that it "had exciting plans in store for customers".
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