Paramount Pictures Signs 30-Title Co-Financing Slate Deal with Domain Capital

Paramount Pictures has secured a major co-financing slate deal with investment group Domain Capital as it prepares for an ownership transition. The deal includes backing for 30 upcoming titles across various genres and budget levels.

Some of the exciting titles included in the deal are the Jack Quaid action thriller “Novocaine,” the Rihanna-led animated “The Smurfs Movie,” Liam Neeson’s remake of “The Naked Gun,” and Edgar Wright’s “The Running Man.” Domain Capital has previously collaborated with Paramount on projects like Ridley Scott’s “Gladiator II” and the holiday hit “Sonic the Hedgehog 3.”

Pete Chiappetta, Domain’s Managing Director of Media, Entertainment & Technology, expressed his excitement about the partnership, highlighting Paramount’s dedication to producing quality content. Paramount Pictures’ chief operating officer, Courtney Armstrong, also shared her enthusiasm for the collaboration, emphasizing their commitment to delivering world-class entertainment.

The multiyear deal signifies a long-term commitment as Paramount Pictures looks towards a new era of ownership. Domain Capital, led by CEO Patrick R. Leardo, mentioned the possibility of extending the co-financing slate deal to 40 features based on certain benchmarks. The investment firm had previously partnered with Warner Bros. Motion Picture Group on projects like “Barbie.”

In a related development, Paramount Global controlling shareholder Shari Redstone recently announced a merger with David Ellison and Skydance Media. This merger brings together the producer of “Top Gun: Maverick” with the owner of Paramount’s film studio, as well as other assets like CBS, Showtime, Nickelodeon, MTV, and Paramount+. The agreement is expected to close in the first half of 2025 pending regulatory approval.

Overall, the co-financing slate deal between Paramount Pictures and Domain Capital sets the stage for an exciting lineup of upcoming films and underscores the studio’s commitment to delivering top-notch entertainment to audiences worldwide.
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