Following a months-long courting process that included multiple suitors, WarnerMedia is in final negotiations for a new partnership with BadRobot, sources say
The sweepstakes to land a massive overall deal with Bad Robot, the famed production company run by J.J. Abrams and his wife and co-CEO Katie McGrath, is nearing the finish line.
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 , Ryan Murphy and Shonda Rhimes .
, took meetings all over town as they considered moving their overall deal from Warner Bros. TV, where the company behindhas been based since 2006. While outlets including Apple and Sony came close, sources stress WarnerMedia emerged on top at least a month ago when it became apparent that Bad Robot prioritized being part of a larger company with TV and film distribution — including WarnerMedia's forthcoming SVOD service.
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