Apple is constructing a brand new regional headquarters in Los Angeles, signaling Hollywood ambition

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A rendering of Appleโ€™s deliberate Los Angeles regional headquarters.

Apple

Apple will construct a brand new regional headquarters on the border of Culver Metropolis and Los Angeles, the corporate mentioned on Friday, signaling the corporateโ€™s continued funding into changing into a serious Hollywood participant.

The headquarters will embody 550,000 sq. ft throughout two workplace buildings, and can home groups engaged on Apple TV+, Apple Music, engineering and synthetic intelligence, Apple mentioned.

Appleโ€™s new headquarters is an indication that the corporate will proceed to put money into creating content material for Apple TV+, its streaming service that prices $4.99 monthly, which launched in 2019. It additionally signifies that Apple will proceed hiring and increasing in Hollywood.

Though Apple has yet to reveal subscriber numbers for Apple TV+, which has far fewer hours of content material than rivals akin to Netflix or Disney+, the service has anecdotally gained some traction, with comedy โ€œTed Lassoโ€ profitable several Emmys earlier this year, together with Excellent Comedy Collection.

Apple already has 1,500 staff within the space. Beats Electronics, which Apple purchased in 2014 in its largest acquisition thus far, was primarily based in Culver Metropolis, California. The brand new workplaces are on Nationwide Boulevard and Venice Boulevard, near public transportation, Apple mentioned. Apple can even run shuttles for its staff.

Whereas Apple didnโ€™t say whether or not the power could have manufacturing studios, the situation places Apple in shut proximity to the place a whole lot of TV exhibits and flicks are made. Culver Metropolis is a middle for movie manufacturing and is residence to the headquarters of Sony subsidiary Columbia Photos.

Apple didnโ€™t say when the regional headquarters might be accomplished however mentioned it plans to have 3,000 staff within the area by 2026.

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