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WarnerMedia Closing In On JJ Abrams Megadeal

Y2kTheNewOldies

Y2kTheNewOldies

https://deadline.com/2019/06/jj-abr...-closing-in-on-jj-abrams-megadeal-1202633661/

Deal is at play for the JJ Abrams shows with WarnerMedia.

JJ Abrams and his Bad Robot are in final talks for him to keep his TV business and move his film business under the WarnerMedia umbrella. There had been rampant speculation that he would end up there or with Apple, with WarnerMedia emerging as a frontrunner over the past couple of weeks as the shorthand he had developed with the Warner Bros TV gang, and a massive financial commitment has won the most coveted overall deal that had been in play. Expectations were that the deal would fall in the $500 million range.

Deadline reported earlier this month that it was down to WarnerMedia and Apple, with the traditional media company having the upper hand over tech giant, a comparative newcomer in the content creation game.
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