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J.J. Abrams and his production company Bad Robot Productions have signed an agreement with WarnerMedia, owned by AT & T, announced today the company. The deal would have cost $ 250 million, according to The Hollywood Reporter. This partnership means that Bad Robot will produce original series and films for WarnerMedia and its various divisions, including HBO and Warner Bros. Pictures. It's also the first time that Bad Robot's video and digital games divisions are also operating under one roof.
It is unclear whether this agreement will limit Abrams to production and production of films and series for WarnerMedia's properties, but its ongoing projects at Paramount Pictures Star wars work is continuing. Bad Robot will still be able to sell projects to third-party vendors, the agreement says, but it's likely to be series or movies that WarnerMedia will pass on. Abrams & # 39; Star Wars: The rise of Skywalker, the last film of the current Star wars The trilogy will be released on December 20th.
If Abrams is part of the WarnerMedia family means that people could see more director projects from him at Warner Bros., it's also a big win on the broadcast front. WarnerMedia is preparing to launch its streaming competitor to Netflix and Hulu, called HBO Max. It is assumed that the company will depend a lot on the HBO prestige series (Bad Robot d'Abrams is currently one of the production companies behind Westworld), licensed series as friendsand a palette of new originals.
If Bad Robot and Abrams are paired with new and exclusive streaming movies, it's critical to keep new subscribers secure and stay competitive as the streaming wars intensify. The Abrams agreement is similar to Netflix's signing of global contracts with creators such as The iron Throne" David Benioff and D.B. Weiss, American horror storyRyan Murphy, and The anatomy of GrayS Shonda Rhimes. Amazon has also signed onerous contracts with creators, including WestworldJonathan Nolan and Lisa Joy.
Abrams and Bad Robot have been among the most wanted names in Hollywood. Abrams would have courted contracts with Amazon, Apple and Netflix alongside WarnerMedia just a few months ago, the source said. THR. According to rumors, the agreement between Abrams and WarnerMedia would be worth $ 500 million. Although the new agreement announced is about 50% lower, it is unclear whether Abrams will earn additional revenue through its upcoming production, writing and fulfillment agreements.
"[WarnerMedia CEO] John Stankey has a powerful vision of the future of WarnerMedia and is committed to telling stories that connect people around the world, "Abrams said in a press release. "We are delighted and happy to be part of this new chapter under his direction and [Warner Bros. Pictures CEO] The thoughtful leadership of Ann Sarnoff. "
WarnerMedia and Bad Robot have been working together since 2006, when Bad Robot first signed a global deal with Warner Bros. This agreement was renewed in 2012 and in 2015. This new agreement expands until 2024. The Secure Abrams race can simply resume.
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