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Report: AT&T nears $500M deal for J.J. Abrams, beating out Apple, NBCUniversal

Brian Womack
Report: AT&T nears $500M deal for J.J. Abrams, beating out Apple, NBCUniversal

J.J. Abrams is getting close to a deal to join the new media arm of AT&T, according to a report from the New York Times. WarnerMedia is looking to sign an agreement for a multi-year partnership with Abrams' media company valued at about $500 million, the report said, citing anonymous sources. The development comes after a six-month courtship process of Bad Robot, which Abrams runs with Katie McGrath, his wife, that also included Apple and NBCUniversal.