Tag Archives: Paramount

Shari Redstone said the decision for Paramount Global, the media conglomerate she just sold to Skydance Media, to pay President Donald Trump $16 million to settle his lawsuit against CBS was a “no-brainer” — and she had expected the company to pay far more to the sitting president to make the litigation go away. “This case was never as black-and-white …

Brothers Matt and Ross Duffer, best known for creating the Netflix juggernaut “Stranger Things,” are officially in business with Paramount. The pair is parting ways with Netflix to enter a wide-ranging, four-year exclusive deal for movies, television and streaming projects at Paramount. The agreement, which is expected to emphasize “ambitious” and “large-scale theatrical films,” will commence following the conclusion of …

The new Paramount has officially made its first big talent deal: Stranger Things creators Matt and Ross Duffer are moving to the studio. Paramount and parent company Skydance made the announcement Monday, five days after reports that the brothers were in talks to leave Netflix, where they created the megahit Stranger Things. The Duffers’ deal at Paramount is an exclusive, …

The new Paramount owned by Skydance has made it official that Stranger Things architects, the Duffer brothers and their Upside Down Pictures label, are officially coming over to the Melrose Ave lot in a wide-ranging four-year, exclusive deal for feature films, television, and streaming projects. We told you about the new big deal for the David Ellison led Paramount last …

Why Did Shari Redstone Give Up Control of Paramount?  The New York Times Ellison’s Long Deleveraged Recap Journey Into Night  puck.news For Paramount and CBS, the Redstone Era Ends With Little Fanfare and Diminished Assets (Column)  Variety Larry Ellison’s Strategic Expansion into Media and Entertainment: A New Frontier for Tech-Driven Diversification  AInvest Paramount Sold to Skydance in $8B Merger, Ending Redstone Era  WebProNews Source link

Legendary Entertainment is in early talks to partner with Paramount on the theatrical distribution of its film slate. The production company behind “A Minecraft Movie” and “Dune” had been under contract at Sony Pictures after cutting ties with Warner Bros. in 2022. However, the multi-year deal at Sony expired at the end of 2024 and wasn’t renewed. Legendary has also …

The Skydance-owned Paramount continues its breakneck dealmaking. A little over a week after taking hold of the studio, the David Ellison-led executive squadron is in talks to make a movie output deal with Legendary Pictures, the producers of the Dune and Monsterverse movie franchises. Legendary previously had output deals with Warner Bros and Sony Pictures, with its deal with Sony …

EXCLUSIVE: Here’s another big deal that the new David Ellison-led Paramount is working on: Legendary is in talks for a new multi-picture global theatrical distribution deal (sans China) with the Melrose Ave lot. Terms are still being worked out on the pact, which has been in the works at many levels for a while since the spring. Paramount is expected …

Paramount continues to make waves with splashy deals following Skydance’s acquisition. We’re hearing that Stranger Things creators Matt and Ross Duffer are in talks for a massive overall deal at the David Ellison-run media company. Details are still being worked out, and sources caution that things still could fall through, but we’re hearing it would include both streaming and features …

Two of Netflix’s most valuable players may be heading to Paramount. Matt and Ross Duffer are eyeing an overall deal at the studio, The Hollywood Reporter has confirmed. The Duffers became name-brand creators when the first season of Stranger Things bowed in 2016 and has since become a crown jewel for the streaming service. The move would reunite them with …