Sources say the tech powerhouse came close to paying more than $500 million for Abrams' Bad Robot production company, which wound up taking less money from its eventual home
It also is among the reasons why Bad Robot left millions of dollars on the table and walked away from what could have been a record-setting blockbuster deal with Apple.
Abrams and McGrath are said to be interested in turning Bad Robot into a consumer brand, so they met with executives at Apple, including video heads Zack Van Amburg and Jamie Erlicht, to discuss the iPhone maker taking what could have been a large financial stake in their company.
Apple, meanwhile, is said to have offered a deal in the $500 million range that would have seen Bad Robot set up shop exclusively at the Cupertino company. Several factors, however, led to Bad Robot's ultimate decision bypass the eye-popping deal.
As for WarnerMedia, CEO John Stankey made it his personal mission to secure a new deal with Bad Robot. Sources say McGrath — who is also a founding member of Time's Up —
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