Apple has begun cutting budgets for the production of films and TV series

Bloomberg reports that Apple intends to cut costs on creating content in the form of films and TV series.

In the past, according to the source, Apple has spent more than $20 billion on this matter. Now the organization's top managers are planning to strengthen control over the budget. Most of the released films failed at the box office, bringing colossal losses to the creators. Now developers will analyze statistics more carefully, choosing the most profitable projects.

Apple representatives have not yet officially announced this.