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Apple Is Bringing a Billion Dollar Checkbook To Hollywood and Wants To Buy 10 TV Shows (recode.net) 79

Apple is officially open for business in Hollywood. From a report: The company is telling content makers it wants to spend $1 billion on its own stuff over the next year. That's music to studios' ears, and a tune they have been expecting for some time -- especially after Apple hired two top Sony TV executives in June. We still don't know what Apple wants to do with that content: The Wall Street Journal says Apple wants to make up to 10 "Game of Thrones" -- or "House of Cards"-scale shows, but that's not enough to launch a full-scale subscription service.

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