Paramount Promises 30 Film-A-Year Contracts After WBD Acquisition
Paramount is making commitments to major theater chains to release 30 films annually for three years if its Warner Bros. deal goes through. According to Deadline, the written commitment was sent to "at least one of the top two circuits" (specifically Regal but AMC may have also received a written commitment) and includes "an exclusive 45-day theatrical window and a 90-day window to streaming."…
Paramount is promising to release 30 films annually for three years after acquiring Warner Bros. Discovery (WBD), according to a written commitment sent to major theater chains. The deal includes an exclusive 45-day theatrical window and a 90-day window to streaming. Paramount CEO David Ellison has pledged to maintain these commitments, offering to execute a consent decree to state AGs if necessary.
This move is seen as a positive step by some theater chains, who want to be on the right side of history, particularly when considering the long-term financial outcomes of the merger. However, Cinema United (formerly National Association of Theatre Owners) remains opposed to the deal, raising concerns about potential negative impacts on box office revenue, feature film output, and job losses.
While Paramount insiders confirm that no written commitments have been given to exhibitors yet, Ellison is willing to make non-bespoke deals with any theater chain that expresses interest.
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