According to Deadline, Paramount Pictures has signed a multi-picture film deal with the streaming giant known as Netflix.
Studio boss Jim Gianopulos revealed the news today during Viacom’s fourth-quarter earnings call with Wall Street analysts. This undertaking opens a lot of doors on the options of what these two titans of the industry can do together. Both have shown that they are powerhouses on their own, but linked together, the possibilities are pretty much endless. Gianopulos put it into perspective on the priority for both parties going forward.
“Our priority is to expand our role as a major global content supplier. As such, we’re exploring various new revenue streams in addition to our traditional theatrical releases as a producer of first-run films and television for other media platforms.”
The two companies have collaborated before under Gianopulos. In the world of Television, Paramount has given Netflix such hit series as Cary Fukunaga’s Maniac as well as 13 Reasons Why. They have also worked together on the film front with The Cloverfield Paradox. The film was a few months away from a theatrical run but it ultimately premiered on Netflix after the Super Bowl. This surprise was an interesting move and seems to have paid off for all parties involved. Gianopolus hopes his deal will continue this profitable relationship.
“‘We’ve had a long relationship with Netflix. On the licensing side, we’ve known the senior management team for many years. This represents an incremental revenue stream that we’re excited about. We have more capacity for great production than the theatrical system can accommodate. While [theatrical] remains our core business, we’re very happy to work with the likes of Netflix, Amazon and others as partners and new customers.”
It will be interesting to see what projects come out of this massive deal and how soon they will get started. This is definitely a win for both entities but it is an even bigger win for audiences everywhere as we are sure to get some solid titles out of this momentous occasion.
What are your thoughts on this new deal between Paramount and Netflix? What kinds of project do you think they will release? Do you think its a good idea? Please share your thoughts in the comments below.
‘Avengers: Infinity War’ Concept Art Reveals Alternate Designs For Thanos’ Black Order
New Avengers: Infinity War concept art reveals alternate designs for Thanos' Black Order.
After making brief appearances in Avengers and Guardians of the Galaxy, Thanos emerged from the shadows in search of the Infinity Stones with the assistance of his minions, collectively known as the Black Order. Now, new Avengers: Infinity War concept art offers fans a look at alternate and early designs for Thanos' Children named Cull Obsidian, Ebony Mawand, Proxima Midnight, and Corvus Glaive.
You can check out the first photo below and click "Next" to view the rest of the gallery!
Thanos will return in the untitled sequel to Infinity War.
A culmination of 22 interconnected films the fourth installment of the Avengers saga will draw audiences to witness the turning point of this epic journey. Our beloved heroes will truly understand how fragile this reality is and the sacrifices that must be made to uphold it.
Directed by Joe and Anthony Russo, Avengers 4 is expected to star Robert Downey Jr., Chris Hemsworth, Mark Ruffalo, Chris Evans, Scarlett Johansson, Benedict Cumberbatch, Don Cheadle, Tom Holland, Chadwick Boseman, Paul Bettany, Elizabeth Olsen, Anthony Mackie, Sebastian Stan, Danai Gurira, Letitia Wright, Dave Bautista, Zoe Saldana, Paul Rudd, Jeremy Renner, Brie Larson, Josh Brolin and Chris Pratt.
Avengers 4 is scheduled to be released in theaters on May 3, 2019.