Movie and TV hitmaker J.J. Abrams is reportedly close to signing with one of 2 companies in a deal that could be worth nearly $500 million

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Apple and WarnerMedia are reportedly pulling ahead in the race to sign JJ Abrams and Bad Robot, the production company behind 'Westworld' and 'Lost.'

JJ Abrams is close to landing one of the biggest recent deals in Hollywood. The filmmaker and TV creator, who was behind such hits as"Lost" and"The Force Awakens," has been courted by many of the top studios in Hollywood for a deal with his Bad Robot production company. WarnerMedia and Apple have now emerged as frontrunners, according to reports from Variety and Deadline. A deal, which could be announced as early as this summer, could be worth nearly $500 million.

JJ Abrams is close to landing one of the biggest recent deals in Hollywood. The filmmaker and TV creator, who was behind such hits as"Lost" and"The Force Awakens," has been courted by many of the top studios in Hollywood for a deal with his Bad Robot production company. WarnerMedia and Apple have now emerged as frontrunners, according to reports from Variety and Deadline. A deal, which could be announced as early as this summer, could be worth nearly $500 million.

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