MUMBAI: With one of the biggest television shows in the US Lost under his belt J.J. Abrams is hot property. The man who also directed Mission Impossible 3 has signed a five-year film deal with Paramount Pictures and a six-year TV contract with Warner Bros.

Together, they are worth more than $55 million.
With this, Abrams leaves Disney's Touchstone. ABC later this year will unveil three Abrams-produced shows. Media reports indicate that he had been there for seven years making many shows.

However what made the difference was the fact that Disney was firm on the fact that revenue from his current shows would be included in the amount of money it would have guaranteed him each year under a new deal.

Reports add that if Abrams' shows for Warner are successful the sky is the limit. He will get around 35 per cent of the backend. This means revenues from syndication, DVDs, net downloads etc. His production firm is called Brad Robot.

Abrams will get around $five million for directing a Star Trek film for Paramount and he will get some backend, should the film make a tidy profit. He is said to be keen to make films that cost less than $25 million as there are important stories that can be told.