Rumors suggest Bad Robot could fetch a deal worth nearly $500 million, with both Warner Bros. and Apple circling the negotiations table.
Abrams will produce the series via his Bad Robot productions, marking the third series he has set up under the Apple banner.
According to The Hollywood Reporter, Academy-Award winner Julianne Moore will star in the latest Stephen King-J.J. Abrams series, except this one will be based on the famed author’s 2006 horror-romance best-seller Lisey’s Story and will stream on Apple’s platform Apple TV+.
THR notes that these series are under the Warner Bros. TV label, but that Abrams is meeting with different studios to partner with once his current deal with WB expires.