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 owns Severance

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.