{"id":135851,"date":"2024-12-11T15:34:54","date_gmt":"2024-12-11T08:34:54","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=135851"},"modified":"2024-12-11T15:34:54","modified_gmt":"2024-12-11T08:34:54","slug":"j-j-abrams-sets-new-tv-and-film-production-pact-with-warner-bros","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=135851","title":{"rendered":"J.J. Abrams Sets New TV and Film Production Pact With Warner Bros."},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tBack in June 2019, <a href=\"https:\/\/variety.com\/t\/j-j-abrams-2\/\" id=\"auto-tag_j-j-abrams-2\" data-tag=\"j-j-abrams-2\">J.J. Abrams<\/a> struck a massive overall deal that would keep him in the fold of <a href=\"https:\/\/variety.com\/t\/warner-bros\/\" id=\"auto-tag_warner-bros\" data-tag=\"warner-bros\">Warner Bros.<\/a>, his home studio since 2006. <\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tThe five-year pact, pegged at $500 million at the time, had a unique structure that allowed Abrams to draw from a significant pool of money to sign other writers to overall deals. That positioned the multi-hyphenate behind \u201cFelicity\u201d and \u201cLost\u201d as not just a content creator but a mogul whose Bad Robot production company would incubate the next generation of storytellers, with Abrams and his wife, Katie McGrath, overseeing the stable. Five and a half years later, Warner Bros. doesn\u2019t have much to show for all the coin that it showered on Abrams, even as the value of the deal dropped by half because Bad Robot failed to reach the financial and output benchmarks that would have triggered the full $500 million. With less leverage than it had in 2019, Abrams\u2019 team has quietly closed a more modest production pact with the studio that sources say will cover film and TV. It\u2019s a signal to agents and managers around town that the era of the nine-figure writer-producer megadeal has peaked. (Bad Robot and Warner Bros. declined comment.)<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tIf the plan was to fashion Abrams into a cross between Bob Iger and Rembrandt, it didn\u2019t quite work out. Bad Robot spent about $50 million of Warners\u2019 money setting satellite deals with writer-producers like Angela Robinson, Dustin Thomason, Jessie Nelson and LaToya Morgan that yielded little. The goal was to turn Bad Robot into a mini studio with autonomy within Warners.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\t\u201cThe CEO thing whiffed,\u201d says one top dealmaker. \u201cBut this was overall-deal heyday time.\u201d<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tIn 2022, HBO Max put the brakes on Robinson\u2019s \u201cMadame X\u201d series, which was based on the immortal DC character. Last year, the streamer opted not to move forward with Thomason\u2019s \u201cOverlook,\u201d a spinoff of Stephen King\u2019s \u201cThe Shining.\u201d Nelson\u2019s \u201cLittle Voice,\u201d a music-heavy ode to 20-something ennui that was produced by Warner Bros. TV and released by Apple TV+, lasted one season before being canceled in 2021. And Morgan\u2019s \u201cDuster\u201d has endured a long journey to the screen. The FBI drama was given a straight-to-series green light at HBO Max in 2020 and is finally set to debut on Max in 2025. Sources say Morgan was paid $10 million-plus for eight episodes.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\t\u201cThe squeeze is on, and the economy is really putting a new spotlight on extravagance,\u201d says Stephen Galloway, dean of Chapman University\u2019s Dodge College of Film and Media Arts. \u201cThis is now a meat-and-potatoes economy. It was always a luxury business, and now everybody is feeling the pinch. You\u2019re looking at the layoffs, the fracturing of some of these big companies, the debt load they\u2019ve taken on. We\u2019re not in a recession, but we are in a recession economy.\u201d<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tWith his new deal, Abrams is no longer at the top of the shrinking ranks of writer-producers with nine-figure deals. Agents familiar with Hollywood\u2019s pecking order say Dick Wolf is king, thanks to the sheer tonnage of his \u201cLaw &amp; Order,\u201d \u201cFBI\u201d and \u201cChicago\u201d franchises across NBC and CBS. He\u2019s followed by Ryan Murphy (Disney, \u201cAmerican Horror Story\u201d), Shonda Rhimes (Netflix, \u201cBridgerton\u201d), Dan Fogelman (Disney, \u201cOnly Murders in the Building\u201d), Taylor Sheridan (Paramount, \u201cYellowstone\u201d) and Greg Berlanti (Warner Bros., \u201cThe Flash\u201d). Berlanti has two years left on his $120 million pact and likely will face a still-inhospitable climate when the time comes to negotiate. Some, like comedy kingpin Chuck Lorre, have more complicated deals that may eclipse those of the mega-earners due to back-end compensation terms for shows that perform well.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tIf volume is key for the writer-producer, the once-prolific Abrams hit a block at just the wrong time. On the TV front, HBO Max scrapped Bad Robot\u2019s \u201cConstantine\u201d series based on the DC property. On the big screen, plenty of hype surrounded an Abrams-produced Black Superman film with a script by Ta-Nehisi Coates. That project is technically still alive but has seen no forward movement since early 2023. Instead, Warner Bros.-DC has the James Gunn-directed \u201cSuperman\u201d reboot hitting theaters on July 11. Abrams did produce the upcoming 1980s-set \u201cFlowervale Street\u201d starring Anne Hathaway. Though the $85 million thriller, which bows on March 13, may include dinosaurs, it isn\u2019t the kind of tentpole WarnerMedia brass had in mind back in 2019.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tEven if Abrams\u2019 output had fared better, he would still be at the mercy of the marketplace. COVID and the twin labor strikes of 2023 wreaked havoc on the industry, shuttering or stalling productions and decimating the bottom line for legacy studios. More than a year after SAG-AFTRA reached an agreement with the studios, production has yet to return to normal. That has sent CEOs including Warner Bros. Discovery\u2019s David Zaslav looking for gristle to trim.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\t\u201cThe focus on downsizing at studios means having another look at these generous talent deals,\u201d says Jason Squire, professor emeritus at USC School of Cinematic Arts and host of \u201cThe Movie Business Podcast.\u201d \u201cWarner Bros. Discovery \u2014 and other studios too \u2014 have a lot of pressure from stockholders and the board to reduce their debt, and talent [costs] is one way to do it.\u201d<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tBut if there was one unmistakable sign that a new day was dawning, it was that HBO pulled the plug on Abrams\u2019 $200 million-plus series \u201cDemimonde\u201d in 2022 due to budgetary concerns. The Warner Bros. Television-produced sci-fi drama was then shopped to the deep-pocketed streamers. There were no takers.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tSays one veteran producer: \u201cThe Bad Robot deal was a massive coronation of J.J. He basically was a working screenwriter who Hollywood helped [turn] into the next Steven Spielberg. But the question is, what did Warner Bros. get out of that deal?\u201d<\/p>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/variety.com\/2024\/tv\/news\/j-j-abrams-new-film-tv-production-warner-bros-1236245474\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Back in June 2019, J.J. Abrams struck a massive overall deal that would keep him in the fold of Warner Bros., his home studio since 2006. The five-year pact, pegged &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=135851\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-135851","post","type-post","status-publish","format-standard","hentry","category-entertainment","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/135851","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=135851"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/135851\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=135851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=135851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=135851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}