J.J. Abrams finalizes massive production deal with Warner Bros.

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J.J. Abrams finalizes massive production deal with Warner Bros.
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Breaking: J.J. Abrams has finalized a massive production deal with Warner Bros. The deal includes creating original projects for TV, movies, games and digital platforms.

After a protracted process that included wooing by most major studios and streaming services in Hollywood, director and producer J.J. Abrams has finalized a massive production deal with Warner Bros.

Abrams is best known for hit movies including “Star Wars: The Force Awakens” and TV shows including “Lost” and “Alias.”Abrams and WarnerMedia Chief Executive John Stankey said in a statement that the relationship includes creating original projects for television, theatrical motion pictures, games and digital platforms. The agreement starts immediately and initially runs through 2024. Financial terms were not disclosed.

Landing one of the biggest directors in Hollywood provides a needed boost for Warner Bros.’ parent, AT&T. The telecommunications company, which purchased Warner Bros., HBO and the Turner channels last year, is trying to morph into a major entertainment company. But AT&T is under increased scrutiny by investors over the wisdom of its more than $150-billion spending spree, which included the purchase of the WarnerMedia properties in 2018 and DirecTV in 2015.

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