Apple is reportedly funding podcasts that it could one day turn into TV shows
Apple has reportedly signed a deal with podcast producer Futuro Studios to help it fund the development and production of future podcasts, Bloomberg reports. In return for its Futuro deal, Apple gets first refusal on the rights to turn any resulting podcasts into a film or TV show. It has already produced TV shows based on the podcasts WeCrashed and The Shrink Next Door.
Long-form podcasts have emerged as a rich source of inspiration for TV shows at a time when streaming services are more desperate than ever for original content. Hulu’s The Dropout was based on an ABC News podcast of the same name, and the streaming service is also reportedly adapting the podcast Wind of Change into a TV show.