For Apple, which has yet to disclose how it plans to distribute its content, the deal for the Witherspoon-Aniston project is the second big programming bet it has made in the last several weeks.
Apple already took a step into TV this year when it created "Planet of the Apps" and a spinoff of James Corden's "Carpool Karaoke" bit. Jay Carson (House of Cards) will serve as head writer and showrunner. Ms. Aniston's and Ms. Witherspoon's salaries are expected to be over $1 million an episode, according to a person who was pursuing the show.More news: Former UCLA infielder Brandon Crawford wins third straight Gold Glove
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The untitled project taps top-level Hollywood talent at a time when deep-pocketed technology companies are jockeying with traditional networks to land A-list stars.
Aniston and Witherspoon's series will offer an inside look at the lives of morning talk show hosts and the drama and challenges they face. Aniston and Witherspoon will produce via their respective production companies, Echo Films and Hello Sunshine. The show is based on the book "Top of the Morning" by CNN reporter Brian Stelter.
Premiere dates for Amazing Stories and the morning news show have not yet been determined. It will be produced by Media Res, a studio founded by former HBO executive Michael Ellenberg.
It's a huge acquisition for Apple as it attempts to rival streamers like Netflix, Amazon, and Hulu in the original programming space.