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Adam Scott eyes Severance Season 3 as filming set for summer 2026
Adam Scott is eyeing Severance Season 3 as summer 2026 emerges as the targeted filming start. After a three-year gap between seasons, the Apple TV+ workplace thriller is ramping up production. Apple Studios now owns the highly anticipated series outright.
Apple Studios completed the acquisition of Severance from Fifth Season in a deal valued at approximately $70 million. This ownership shift marks a fundamental change in how the Emmy-winning drama will be produced. The previous arrangement left Fifth Season shouldering significant financial burdens as costs escalated.
Season 2 reportedly cost as much as $20 million per episode, driven by production complexities, Covid protocols, and the 2023 Hollywood strikes. Fifth Season faced pressure from mounting budget overages, borrowing costs, and delayed tax rebates. By taking full ownership, Apple TV eliminates these financial strains and ensures the show stays in New York rather than relocating to Canada for faster tax credits.
Apple Just Took a Page Straight Out of the Netflix Playbook. Here's Why It Could Be a Brilliant Move
Netflix augmented its licensing deals with its owned original content. Apple is playing follow the leader.
When it comes to streaming video, there's Netflix (NFLX +2.13%), and there's everybody else. The company singlehandedly wrote the winning playbook for a successful streaming business and established many of the steps its rivals imitate to this day.
For example, when Netflix first launched its streaming service, the company relied on licensed movies and television shows from other providers before ultimately bringing the process in-house and betting big on its own original content. Since then, the company has regularly acquired intellectual property and hired some of Hollywood's top talent to create Netflix Originals to augment its licensed content.
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