Paramount Secures Financing Deal With Domain Capital for 30-40 Films
The agreement will fund a diverse slate of movies, including high-profile remakes and sequels, as the studio transitions toward new ownership.
- Paramount Pictures has partnered with Domain Capital Group on a co-financing deal covering at least 30 films, with potential for up to 40 titles if certain benchmarks are met.
- The slate includes upcoming projects such as 'Gladiator II,' 'The Smurfs Movie,' and remakes of 'The Naked Gun' and 'The Running Man.'
- Domain Capital Group, led by Managing Director Pete Chiappetta, has previously collaborated with Paramount on films like 'Sonic the Hedgehog 3' and 'Better Man.'
- This deal comes as Skydance Media prepares to finalize its acquisition of Paramount Global in the first half of 2025, pending regulatory approval.
- The agreement reflects Domain's ongoing investment in entertainment, following a $700 million media fund and a previous co-financing pact with Warner Bros. on projects like 'Barbie.'