WarnerMedia Nearing $500 Million Deal with JJ Abrams – Report

WarnerMedia is closing in on a deal with JJ Abrams‘ Bad Robot production company that could be worth as much as $500 million, according to Deadline.The move would put Abrams’ film business, responsible for hits such as “Star Wars: The Force Awakens” and the three recent “Star Trek” films, under the WarnerMedia umbrella.

It is unclear how many years would be covered by the new agreement.

A WarnerMedia representative declined to comment.Abrams has had a close relationship with WarnerMedia entities for quite some time.

Abrams’ Bad Robot has been based at Warner Bros.

TV for years and has produced several series for the company, including “Westworld,” “Lovecraft Country,” and “Demimonde,” all of which are on the HBO service.

Abrams also is developing a series based on “They Both Die at the End” for the platform.Deadline previously reported that WarnerMedia was competing with Apple to win a deal with Bad Robot.

Read full article