Tag Archives: streaming

JJ Abrams Reportedly Turned Down $500 Million Deal With Apple As a result of Apple Cannot Share

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Director, producer and author J.J. Abrams attends the premiere of Walt Disney Photos and Lucasfilm’s “Star Wars: The Pressure Awakens” on the Dolby Theatre on December 14, 2015 in Hollywood, California.
Picture: Ethan Miller (Getty)

Effectively, effectively, effectively, isn’t this Apple rumor simply scrumptious.

This week, it was introduced that J.J. Abrams had, together with his spouse and enterprise accomplice Katie McGrath, inked a multi-year settlement with WarnerMedia to develop unique content material, video games, and different media by their manufacturing firm Dangerous Robotic in a deal that’s believed to be price round $250 million. However the Hollywood Reporter reported Friday that quite a few firms had a horse on this race, together with Apple.

In response to the report, Abrams and McGrath met with Apple executives a few potential partnership and have been provided a deal within the ballpark of $500 million. However that good-looking bid reportedly fell by over exclusivity restrictions, specifically that Apple needed to maintain the visionary director all to itself. Think about, for a second, telling Abrams that he may now not do Star Wars. Put one other method, Apple didn’t wish to share its toys.

However evidently, the considerations didn’t cease there. In contrast to WarnerMedia, which baited Dangerous Robotic with alternatives that embrace tv, video games, theatrical releases, and different digital media, Apple couldn’t provide the identical assurances about theatrical distribution. The Hollywood Reporter additionally cited speculative rumors that Dangerous Robotic was unimpressed with Apple’s March occasion at which it teased out its new providers—together with Apple TV+ and Arcade—although the report stated sources near each events “categorically deny that his choice to signal with WarnerMedia had something to do with that presentation.”

Apple didn’t instantly return a request for remark in regards to the report.

Dangerous Robotic’s newly signed take care of WarnerMedia builds on a yearslong present relationship the corporate has with Abrams. In a press release this week, Abrams stated he was “grateful for the possibility to put in writing, produce and direct work for this unimaginable firm, and to assist create movies and collection with a various and huge assortment of inspiring storytellers. We are able to’t wait to get began.”

Apple, in the meantime, is promoting us… effectively, no matter this seems to be.

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