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J.J. Abrams Bidding War Won By WarnerMedia as Bad Robot Nears $500M Partnership
The big deal: WarnerMedia and Bad Robot (J.J. Abrams company) have reportedly agreed to a deal worth $500M.The deal covers:
1) Movies
2) Television shows
3) Video games
4) Consumer products
5) Music
6) Digital content
Bad Robot deals in 2019 dollars:
1) 2006 – $80M
2) 2019 – $500M
Recent talent deals:
1) Bad Robot (WarnerMedia) – $500M
2) Greg Berlanti (WarnerMedia) – $400M
3) Ryan Murphy (Netflix) – $300M
4) Shonda Rhimes (Netflix) – $100MQuote from Bob Greenblatt – Chair @ WarnerMedia:“Just because you increase the volume [of shows], you can’t increase the number of really talented people in the world that can produce these shows, so when they come along as a J.J. Abrams does once in every generation, you want to hold on to them…We hope to keep him in the family.There’s a very competitive situation out there because the other great companies and streaming services also would like to have him,”
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