J.J. Abrams’ production company Bad Robot is nearing a deal with WarnerMedia that’s estimated to be worth $500 million. Founded by Abrams in 2006, Bad Robot has become one of the premiere homes for quality genre entertainment over the last decade. In addition to the recent Star Trek, Star Wars, and Mission: Impossible movie sequels, the company has produced hit TV series like Lost and Alias in the past, and is currently overseeing popular titles like Westworld for HBO and Castle Rock at Hulu.
According to THR, Bad Robot is in final negotiations with WarnerMedia for a deal that could be valued as high as $500 million. For the sake of comparison, that’s $100 million more than the deal that Arrowverse co-creator Greg Berlanti recently signed with Warner Bros. TV. It’s also a major step-up from the deals that prolific showrunners Ryan Murphy and Shonda Rhimes signed with Netflix over the last two years ($300 million and $100 million, respectively).
On the movie side, however, it’s not clear what the future holds for Bad Robot and Paramount. Abrams’ company has a film deal with Paramount through to March 2020, but THR says that steps are already being taken to move Bad Robot’s movie deal with the studio over to WarnerMedia. Abrams announced the pair were working on another Cloverfield film last year, but - between Bad Robot’s new deal and the lack of updates since then - the project might be in danger of not happening at all now. And while Mission: Impossible 7 and 8 are already moving forward and shouldn’t be impacted, this seems like further assurance that Star Trek 4 will never come to pass. Fortunately, between his upcoming series and December’s Star Wars: The Rise of Skywalker (which Abrams is currently in post-production on), there’s still plenty of guaranteed Bad Robot goodness on the horizon.
Source: THR