Production company Bad Robot, owned by Director JJ Abrams has signed a deal for $500 million with WarnerMedia. About it reports The Hollywood Reporter.

According to the newspaper, the deal Bad Robot has pledged to create and develop new projects for WarnerMedia.

As noted, in the contract with the company Abrams also struggled Netflix, Apple and Amazon.

While Bad Robot and WarnerMedia did not comment on this information.

Last year it was reported that WarnerMedia will launch a “killer” Netflix.

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