Key details for J.J. Abrams deal:
1) Runs through 2024
2) Starting value of ≈ $250M
3) Non-exclusive
Multiple companies were in the mix, including:
1) Apple
2) Disney
3) Comcast
4) Sony
5) Netflix
6) Amazon
Apple reportedly offered $500M but wanted full exclusivity. The deal with WarnerMedia allows Abrams and Bad Robot to continue working on existing projects (sequels to Star Wars/Star Trek, etc.) along with selling new projects to 3rd party outlets.
The deal covers:
1) Movies
2) Television shows
3) Video games
4) Consumer products
5) Music
6) Digital content
Flashback: J.J. Abrams Bidding War Won By WarnerMedia as Bad Robot Nears $500M Partnership
More #1: Beyond Netflix: Showrunners Testing Waters With Multiple TV Overall Deals
More #2: ‘Game of Thrones’ Creators Narrow Overall Deal Suitors to Netflix, Amazon and Disney
