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Home / Arts and Entertainment / Paramount Eyes Warner Bros. Acquisition for Market Competition

Paramount Eyes Warner Bros. Acquisition for Market Competition

5 Feb

Summary

  • Paramount aims to boost annual film output to over 30 features.
  • Commitment to maintain HBO as an independent operation is assured.
  • Each studio will guarantee a minimum 45-day theatrical window.
Paramount Eyes Warner Bros. Acquisition for Market Competition

Paramount's CEO David Ellison has detailed commitments in an open letter concerning the studio's pursuit of Warner Bros. Discovery (WBD). Should the acquisition succeed, the combined entity would commit to producing a minimum of 30 theatrical features each year.

This initiative aims to strengthen competition within the market. Ellison emphasized that audiences benefit most from a diverse filmmaking landscape, not a monopolistic one. Paramount Studios and Warner Bros. Studios would each be tasked with producing at least 15 high-quality feature films annually.

Further assurances include preserving HBO as an independent operation. Critically, every film will receive a full theatrical release with a minimum 45-day global window before becoming available on paid video-on-demand. For highly successful releases, this window could extend to 60-90 days or more.

Both studios will continue to license their content across various platforms and remain active buyers of third-party content. This strategy positions the potential merger as a move to create a more effective rival to dominant streaming platforms.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
Paramount's CEO has committed to producing at least 30 theatrical films annually, maintaining HBO's independence, and ensuring a minimum 45-day theatrical window for all releases.
Each studio is committed to producing a minimum of 15 high-quality feature films per year, bringing the combined total to at least 30 annually.
All films are guaranteed a full theatrical release with a minimum 45-day global window before paid video-on-demand availability, potentially extending for successful releases.

Read more news on

Arts and Entertainmentside-arrowDavid Ellisonside-arrow
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