Paramount Promises 30 Film-A-Y... Note
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Paramount Promises 30 Film-A-Year Contracts After WBD Acquisition

Paramount is offering major theater chains a commitment to release 30 films annually for three years if its Warner Bros. deal is approved. This commitment includes an exclusive 45-day theatrical window and a 90-day window before streaming. According to Deadline, this written promise was sent to at least one top circuit, likely Regal, and possibly AMC. For major chains, aligning with Paramount on these terms is crucial for future agreements regarding its substantial film slate. However, the broader Cinema United organization remains opposed to the merger, citing concerns about long-term box office, film output, and job losses. Cinema United has sought further meetings with Paramount CEO David Ellison, but none are currently scheduled. Regal boss Eduardo Acuna confirmed Ellison's sincerity and commitment to these promises, including a willingness to execute a consent decree to state Attorneys General. Acuna emphasized these as tangible and measurable benefits for the industry. Paramount insiders, however, state that no written commitments have been formally issued to exhibitors yet. They confirm Ellison's willingness to make non-bespoke, general agreements to any theater chain requesting them. These potential deals would include financial penalties if Paramount breaches its agreements with theaters. Ultimately, this all reinforces Ellison's pledge at CinemaCon to maintain a strong theatrical presence and favorable windows for cinemas.