Story perspectives

Emmy Favorites: 'Severance' Dominates Amid Budget Cuts

9/12/2025

Summary

Story summary

Apple TV+ drama "Severance" and HBO Max's "The Pitt" are Emmy favorites, differing in style and production.
"Severance" costs $20 million per episode, while "The Pitt" is around $6 million.
The end of the Peak TV era has led to tighter budgets and a return to network-style programming.
"Severance" boasts 27 Emmy nominations, reflecting its critical success.
Apple TV+ plans to increase its original content budget from $660 million in 2019 to $4.9 billion by 2025, attracting A-list talent and gaining about 60 million subscribers.

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Story summary

Apple TV+ drama "Severance" and HBO Max's "The Pitt" are Emmy favorites, differing in style and production.
"Severance" costs $20 million per episode, while "The Pitt" is around $6 million.
The end of the Peak TV era has led to tighter budgets and a return to network-style programming.
"Severance" boasts 27 Emmy nominations, reflecting its critical success.
Apple TV+ plans to increase its original content budget from $660 million in 2019 to $4.9 billion by 2025, attracting A-list talent and gaining about 60 million subscribers.