Paramount Promises 30 Film-A-Year Contracts After WBD Acquisition (deadline.com)
- Reference: 0184916558
- News link: https://entertainment.slashdot.org/story/26/08/10/058211/paramount-promises-30-film-a-year-contracts-after-wbd-acquisition
- Source link: https://deadline.com/2026/08/paramount-wbd-regal-amc-deals-1237029635/
> When it comes to the big chains, it matters for them to be on the right side of history with Paramount, especially when it comes to future terms on a 30-film slate. However, the rest of Cinema United (formerly National Association of Theatre Owners) remains firmly against the Paramount-Warner Bros merger and its potential negative financial outcomes in regards to long-term box office, feature film output and loss of jobs. Cinema United has been trying to meet again with Paramount CEO David Ellison, but there's nothing on the books yet, we understand.
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> [Regal boss Eduardo Acuna] told Deadline that in regards to Paramount's future promise to exhibition, "[Paramount CEO] David [Ellison] is sincere in making these commitments, and he has offered to execute a consent decree to the state AGs to that effect. These are tangible and important commitments that will benefit the industry and which can be measured." Paramount insiders tell us that no written commitments have been given to exhibitors yet, but Ellison is willing to make non-bespoke ones to any theater chain wanting them. And such deals will come with financial penalties to Paramount should it break such agreements with theaters. Again, this is all about Ellison standing behind his promises made at CinemaCon to maintain a hefty theatrical output and excellent windows to theaters.
[1] https://deadline.com/2026/08/paramount-wbd-regal-amc-deals-1237029635/
[2] https://yro.slashdot.org/story/26/07/24/2235232/paramount-agrees-to-postpone-warner-bros-merger-until-june-2027
Promises? (Score:3)
The Ellisons are a very litigious family. I'd be checking those 'commitments' very carefully for escape hatches. And 3 years of good behavior is clearly a small price to pay in the grand scheme of things. I think they could do (much) better.
Re: (Score:2)
In 3 years they'll have run it into the ground and be looking for another new buyer. Coincidentally, 3 years and 9 months was the length of time AT&T owned Warner Brothers before pawning it off on Discovery.
All Hail The Don! (Score:2)
Parts 1 to 30.
Whats the budget of each film? (Score:3)
Will it be fine if Paramount churns out a bunch of cheap films with no name actors / director etc?
Not saying those films can't do well (some indie films have done well), but is that sufficient to meet the 30 films a year commitment? Or does the commitment contains a minimum budget for each of the 30 films (not to mention hollywood accounting tricks to make the budget of a film basically any number you want it to be).
Re: (Score:2)
Simultaneous release on streaming? 2 weeks to streaming?
Three years!!!!! (Score:2)
LOL
They probably already have the 90 movies... (Score:3)
With how long it takes to make a movie, including per-production, the 3 years is most likely what is already in the queue and approved at some point. So making the promise now doesn't cost them much in comparison to a similar agreement starting 5 years after the merger. If they stopped the 90+ movi9nes now they would be out those costs, which would most likely be a really large amount.
They should promise that they will "start new movies", including new scripts, etc for at least 10 years if they are sincere about really making a go of keeping these theater companies on their side.
So? (Score:4, Insightful)
"These are tangible and important commitments that will benefit the industry and which can be measured."
Do they come with reparations if the commitments aren't met? If not they're worthless.
Re: (Score:2)
I made a meme to answer your question. [1]https://imgflip.com/i/ayj607 [imgflip.com]
[1] https://imgflip.com/i/ayj607
Re: (Score:1)
It's in the very same paragraph in the summary; "And such deals will come with financial penalties to Paramount should it break such agreements with theaters. "
Re: So? (Score:2)
But what are they? Are they reasonable? Will they be able to weasel out trivially?