New York (CNN Business) J.J. Abrams has closed a wide-ranging deal that would make WarnerMedia the exclusive home of his production company, Bad Robot.

Abrams would produce original projects across WarnerMedia's platforms, including TV, film and streaming. The partnership runs through 2024. Financial terms of the deal were not disclosed, but reports in June valued it at roughly half a billion dollars.

The deal is a big one for WarnerMedia, locking down one of the most popular and accomplished names in Hollywood at an important time for the company. Abrams has produced original TV hits such as "Westworld" and "Lost" and has revived major film franchises such as " Star Wars " and "Star Trek." And Abrams' star power can help WarnerMedia attract subscribers for its upcoming streaming service, HBO Max

"Across all forms of content, we are uniquely positioned to offer our creative partners a multitude of platforms to realize their artistic goals and ambitions, and to ensure that their stories have the best possible opportunity to connect with the right audience," John Stankey, WarnerMedia's CEO, said in a statement.

WarnerMedia did not announce any upcoming films or shows that will be led by Abrams, but did say that Bad Robot would "develop and produce new television projects — including dramas and comedies, longform/event series, digital content and more — for all platforms."