In a move that may change the landscape of Warner Bros., J.J. Abrams is set to sign a massive $500 million deal with WarnerMedia. The news was first reported by The Hollywood Reporter.
WarnerMedia and Apple had reportedly emerged as the front-runners in the Abrams sweepstakes in recent weeks and this deal is expected to encompass film, television, digital content, music, games, consumer products, and theme-park attractions. While Abrams will have his eye on creating original content, there is no denying that Abrams will garner tons of interest from Warners to helm some of its big franchises.
Some of those franchises include the DC Extended Universe, the Wizarding World, the Monsterverse, and the potential reboot of the Matrix franchise. The thoughts of Abrams taking over any of these franchises are sure to cause excitement.