{"id":35051,"date":"2026-08-09T19:55:39","date_gmt":"2026-08-09T14:55:39","guid":{"rendered":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/?p=35051"},"modified":"2026-08-09T19:55:39","modified_gmt":"2026-08-09T14:55:39","slug":"ellison-offers-theaters-contract-guarantee-for-paramount-warner-bros-30-film-annual-slate","status":"publish","type":"post","link":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/?p=35051","title":{"rendered":"Ellison Offers Theaters Contract Guarantee for Paramount-Warner Bros. 30-Film Annual Slate"},"content":{"rendered":"<p><script>\r\n  atOptions = {\r\n    'key' : '644b717812d811d6a1c1fc5b6ccd6fa6',\r\n    'format' : 'iframe',\r\n    'height' : 90,\r\n    'width' : 728,\r\n    'params' : {}\r\n  };\r\n<\/script>\r\n<script src=\"https:\/\/www.highperformanceformat.com\/644b717812d811d6a1c1fc5b6ccd6fa6\/invoke.js\"><\/script>\r\n<br \/>\n<\/p>\n<div>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tThere\u2019s no question that <a href=\"https:\/\/variety.com\/t\/david-ellison\/\" id=\"auto-tag_david-ellison\" data-tag=\"david-ellison\">David Ellison<\/a>, the doggedly ambitious CEO of <a href=\"https:\/\/variety.com\/t\/paramount-skydance\/\" id=\"auto-tag_paramount-skydance\" data-tag=\"paramount-skydance\">Paramount Skydance<\/a>, loves movies and filmmaking. In making his case for Paramount\u2019s eye-poppingly pricey megadeal to merge with Warner Bros., he has repeatedly pledged that the combined company will release a lot more movies \u2014 to the tune of <a href=\"https:\/\/variety.com\/2026\/film\/news\/paramount-theatrical-revenue-2026-david-ellison-30-films-warner-bros-1236737048\/\">at least 30 titles per year in theaters<\/a>.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tWhen Ellison launched his hostile takeover bid for <a href=\"https:\/\/variety.com\/t\/warner-bros-discovery\/\" id=\"auto-tag_warner-bros-discovery\" data-tag=\"warner-bros-discovery\">Warner Bros. Discovery<\/a>, before he beat out Netflix to clinch a deal, he planted a flag with a pledge that the merged entity would <a href=\"https:\/\/variety.com\/2025\/biz\/news\/paramount-promises-30-films-in-theaters-hostile-takeover-bid-warner-bros-discovery-netflix-1236603343\/\">pump more than 30 titles into theaters<\/a> with \u201ctraditional\u201d windows. And ever since, he\u2019s been <a href=\"https:\/\/variety.com\/2026\/film\/news\/paramount-theatrical-revenue-2026-david-ellison-30-films-warner-bros-1236737048\/\">waving the 30-film number around<\/a> like a magic wand that will save the movie business.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tEllison is now offering three-year contractually enforceable commitments to the U.S.\u2019s two biggest theater chains, AMC Entertainment and Regal Cinemas, Bloomberg <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-08-09\/paramount-will-put-30-film-pledge-in-writing-to-theater-chains\" rel=\"nofollow\" target=\"_blank\">reported<\/a>. That would guarantee exclusive 45-day theatrical windows and a moratorium on distributing the movies on streaming services for at least 90 days, with potentially financial penalties if Paramount failed to hold up its end of the bargain. It\u2019s worth noting that <a href=\"https:\/\/variety.com\/2026\/biz\/news\/amc-theatres-adam-aron-paramount-warner-bros-merger-1236823859\/\">the CEOs of AMC<\/a> and <a href=\"https:\/\/variety.com\/2026\/film\/news\/regal-cinemas-ceo-supports-paramount-warner-bros-merger-1236828802\/\">Regal<\/a> have come out strongly in support of the Paramount-WBD merger.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tParamount has publicly stated that it\u2019s willing to put the 30-movie commitment into writing. That\u2019s designed to counter the allegation in the <a href=\"https:\/\/variety.com\/2026\/film\/news\/paramount-warner-bros-merger-state-ags-daily-variety-1236810547\/\">antitrust lawsuit filed by 12 state attorneys general<\/a> that a merged Paramount-Warner Bros. would have excessive control over the market for theatrical releases. The idea seems to be that it would serve as a guardrail against Paramount-WBD hoarding its studio output for the benefit of its own Paramount+ and HBO Max streamers. A trial in the case is slated to <a href=\"https:\/\/variety.com\/2026\/tv\/news\/paramount-warner-bros-antitrust-trial-date-march-2027-1236827843\/\">start in March 2027<\/a>. Ellison is under pressure to find an out-of-court settlement with the states before then. But it\u2019s unclear whether the 30-title\/45-day window guarantee would be an acceptable <a href=\"https:\/\/variety.com\/2026\/film\/news\/david-ellison-breaking-point-paramount-wb-merger-trial-1236828418\/\">concession for the state AGs<\/a>. Meanwhile, it doesn\u2019t address another key allegation in the states\u2019 lawsuit: that Paramount-WBD would have excessive power in the U.S. market for basic cable TV.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tBut the bottom-line question is this: What if most of these promised 30 movies are duds or just small-draw specialty titles?<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tIn a <a href=\"https:\/\/variety.com\/2026\/tv\/news\/david-ellison-cnn-paramount-warner-bros-trusted-steward-1236827405\/\">New York Times op-ed<\/a> last week, Ellison admitted he can\u2019t guarantee the financial performance of a particular theatrical movie release. What he is willing to stand behind is a vow to take more shots on goal.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\t\u201cIn my career, \u2018G.I. Joe: Retaliation\u2019 met financial expectations, \u2018Top Gun: Maverick\u2019 exceeded them, and \u2018Terminator: Dark Fate\u2019 fell short. I am proud of all these films, but nobody can dictate what audiences will love,\u201d he wrote. \u201cWhat I can promise is the work, and more of it.\u201d<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tBut higher studio output in terms of the number of titles doesn\u2019t correlate with a bigger payoff for the industry (or Paramount-WBD itself). In focusing on quantity, Ellison is glossing over the question of actual financial returns.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tYou don\u2019t have to take my word for the fact that a bigger slate doesn\u2019t necessarily translate into more revenue. Paramount has acknowledged it.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tParamount\u2019s 2025 film slate nearly doubled from eight films in 2025 to 15 this year. This year, Paramount has <a href=\"https:\/\/variety.com\/2026\/film\/news\/paramount-theatrical-revenue-2026-david-ellison-30-films-warner-bros-1236737048\/\">told Wall Street<\/a> it expects \u201csignificantly lower theatrical revenue year-over-year due to lower average box office revenue per film across more releases.\u201d A big reason is a tough year-over-year comparison because of Tom Cruise\u2019s \u201cMission: Impossible \u2013 The Final Reckoning\u201d blockbuster in 2025, which took in almost $600 million at the global box office.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tIn the second quarter of 2026, Paramount Pictures\u2019 theatrical revenue plummeted 45%, to $138 million (again, largely because of the comparison to the year-earlier period that included \u201cMission: Impossible \u2013 The Final Reckoning\u201d). Its biggest theatrical release in the quarter was \u201cScary Movie,\u201d which has grossed $108 million domestically (and $231 million worldwide) since its June 5 release date.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tFor now, Paramount isn\u2019t producing the billion-dollar box office smashes that drive millions of butts into theater seats (not to mention robust <a href=\"https:\/\/variety.com\/2026\/film\/features\/spider-man-popcorn-bucket-scalper-prices-imax-merch-1236817709\/\">sales of novelty popcorn buckets<\/a>). There\u2019s nothing from the studio that is close to rivaling, say, the 2026 successes of Disney-Pixar\u2019s <a href=\"https:\/\/variety.com\/2026\/film\/box-office\/toy-story-5-billion-dollar-box-office-1236818437\/\">\u201cToy Story 5,\u201d<\/a> Universal\u2019s <a href=\"https:\/\/variety.com\/2026\/film\/box-office\/the-odyssey-surpasses-1-billion-christopher-nolan-1236830121\/\">\u201cThe Odyssey\u201d<\/a> from Christopher Nolan, Sony\u2019s <a href=\"https:\/\/variety.com\/2026\/film\/box-office\/spider-man-brand-new-day-billion-dollars-six-days-1236826658\/\">\u201cSpider-Man: Brand New Day\u201d<\/a> or <a href=\"https:\/\/variety.com\/2026\/film\/news\/lionsgate-q2-2026-michael-narrows-loss-1236829508\/\">Lionsgate\u2019s \u201cMichael.\u201d<\/a> To be sure, <a href=\"https:\/\/variety.com\/2026\/film\/news\/dune-3-trailer-timothee-chalamet-zendaya-1236735660\/\">Warner\u2019s \u201cDune 3\u201d releasing in December 2026 could be a billion-dollar hit<\/a> but unless the merger unexpectedly closes before then, that\u2019s not part of a Paramount-WBD lineup.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tOne Paramount Q2 movie release that wasn\u2019t called out by the company in its quarterly filing: 3D concert film \u201cBillie Eilish: Hit Me Hard and Soft,\u201d directed by Eilish and James Cameron. (That\u2019s Ellison pictured above at the L.A. premiere of the movie at Village Theatre on May 6.) It grossed $9.9 million domestically over a two-week theatrical run in May. The film got <a href=\"https:\/\/variety.com\/2026\/film\/reviews\/billie-eilish-hit-me-hard-and-soft-live-in-3d-review-1236739465\/\">rave reviews<\/a>, with a 91% Rotten Tomatoes critics\u2019 score, and was undoubtedly enjoyed by many fans.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tBut stringing together a bunch of sub-$10 million movie releases isn\u2019t going to turn things around for movie theaters in America.<\/p>\n<\/div>\n<script async=\"async\" data-cfasync=\"false\" src=\"https:\/\/pl30214220.effectivecpmnetwork.com\/9ab3d4df8a7e1a6171e16ddbf732cc19\/invoke.js\"><\/script>\r\n<div id=\"container-9ab3d4df8a7e1a6171e16ddbf732cc19\"><\/div>\r\n\n","protected":false},"excerpt":{"rendered":"<p>There\u2019s no question that David Ellison, the doggedly ambitious CEO of Paramount Skydance, loves movies and filmmaking. In making his case for Paramount\u2019s eye-poppingly pricey megadeal to merge with Warner Bros., he has repeatedly pledged that the combined company will release a lot more movies \u2014 to the tune of at least 30 titles per&#8230;<\/p>\n","protected":false},"author":1,"featured_media":35052,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/variety.com\/wp-content\/uploads\/2026\/08\/David-Ellison.jpg?w=1000&h=563&crop=1","fifu_image_alt":"","footnotes":""},"categories":[6],"tags":[],"class_list":["post-35051","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pics-news"],"brizy_media":[],"_links":{"self":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/posts\/35051","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35051"}],"version-history":[{"count":0,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/posts\/35051\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/media\/35052"}],"wp:attachment":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}