The tenure of J.J. Abrams’ Dangerous Robotic at Warner Bros. Tv is predicted to cross the 20-year mark. The corporate is in superior negotiations with Warner Bros. to re-up its movie and TV cope with the studio, sources inform Deadline.
The pending multi-year extension comes greater than two years after Dangerous Robotic’s present large five-year pact skilled severe turbulence on the half level following the April 2022 shut of the Warner. Bros.-Discovery merger when it was amongst quite a few big-ticket objects scrutinized by the brand new regime. At the moment, HBO pulled the plug on Abrams’ sci-fi drama Demimonde earlier than manufacturing was slated to begin on the bold — and costly — sequence.
The tough post-merger interval included a handful of different greenlighted Dangerous Robotic sequence not going ahead at Warner Bros. Discovery streamer Max, together with The Shining offshoot sequence Overlook and the animated Batman: Caped Crusader.
Finally, Dangerous Robotic stayed put and noticed a few new sequence get on the air this summer season, Caped Crusader, which launched on Prime Video, and David E. Kelley’s Presumed Harmless for Apple TV+, which began as a restricted sequence however was renewed for a second season after turning into the streamer’s #1 drama launch. Three documentaries/docuseries, Charlie Hustle & The Matter of Pete Rose, Elizabeth Taylor: The Misplaced Tapes and Yankees Win, additionally debuted this summer season.
The present five-year pact, valued at $250 million, was signed in September 2019, on the peak of the Peak TV-fueled general deal bubble, in a aggressive state of affairs. The TV market is just not the place it was once 5 years in the past, with general offers down considerably in quantity and value tags after the pandemic and the strikes amid unprecedented trade contraction and robust headwinds and belt-tightening for the legacy media firms.
Deal factors are nonetheless being negotiated however Dangerous Robotic’s new deal — in addition to the overwhelming majority of mega nine-figure pacts made in 2019 — is just not anticipated to match the phrases of the previous one. A lot of different pacts from that crop have already been both launched or transformed into inexpensive first-look agreements.
Developing for Dangerous Robotic is drama sequence Duster on Max, with a Velocity Racer sequence in works at Apple TV+ together with different exhibits arrange round city. On the movie aspect, the corporate has a slew of tasks in growth, with its first film beneath for Warner Bros. deal, Flowervale Road, slated for 2025 launch.
Abrams, who’s presently on the Democratic Nationwide Conference in Chicago, has been at Warner Bros. TV for 18 years. His firm Dangerous Robotic had been based mostly at Paramount earlier than he signed the movie and TV cope with Warner Bros. in 2019.