Blitzkrieg
Avenger
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J.J. Abrams Bidding War Won By WarnerMedia as Bad Robot Nears $500M Partnership
Following a months-long courting process that included multiple suitors, WarnerMedia is in final negotiations for a new partnership with Bad Robot, sources say. It's unclear how many years the new agreement is for as the deal that would Abrams with the company he has called home since 2006 has not yet been finalized. Still, sources have estimated that any new pact for Bad Robot could be valued at in the $500 million vicinity when all is said and done. That would put Bad Robot's deal at the top of the recent wave of nine-figure pacts for prolific producers including Greg Berlanti ($400 million from Warner Bros. TV), Ryan Murphy ($300 million from Netflix) and Shonda Rhimes ($100 million from Netflix).
Under the deal, Abrams and company will continue to create and develop new projects for WarnerMedia and supervise other producers across film, TV and digital platforms. Sources say the process of moving Bad Robot's feature film deal over from Viacom-owned Paramount Pictures has already begun.
Following a months-long courting process that included multiple suitors, WarnerMedia is in final negotiations for a new partnership with Bad Robot, sources say. It's unclear how many years the new agreement is for as the deal that would Abrams with the company he has called home since 2006 has not yet been finalized. Still, sources have estimated that any new pact for Bad Robot could be valued at in the $500 million vicinity when all is said and done. That would put Bad Robot's deal at the top of the recent wave of nine-figure pacts for prolific producers including Greg Berlanti ($400 million from Warner Bros. TV), Ryan Murphy ($300 million from Netflix) and Shonda Rhimes ($100 million from Netflix).
Under the deal, Abrams and company will continue to create and develop new projects for WarnerMedia and supervise other producers across film, TV and digital platforms. Sources say the process of moving Bad Robot's feature film deal over from Viacom-owned Paramount Pictures has already begun.