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Paramount Inks 30-Picture Financing Deal With Domain Capital Group
Paramount Inks 30-Picture Financing Deal With Domain Capital Group-April 2024
Apr 29, 2025 5:50 PM

As it prepares for an ownership transition, Paramount Pictures has inked a 30-title co-financing slate deal with an investment group, Domain Capital, that looks to back features across genres and budget levels.

Upcoming titles that were named as part of the deal include Jack Quaid action thriller Novocaine,the Rihanna-led animated The Smurfs Movie, Liam Neeson remakeThe Naked Gun and Edgar Wright-directed The Running Man.

We are privileged to be partnering with Paramount Pictures and participating in this slate of films, said Pete Chiappetta, Domains Managing Director of Media, Entertainment Technology. The team at Paramount is dedicated to producing quality content that we hope will continue to build on the value of Domains film library for our investors. We are grateful to the team at Paramount that worked alongside us to kickstart this strategic collaboration. Paramount Pictures chief operating officer Courtney Armstrong stated, We are thrilled to be in business and partnering with Domain to bring audiences everywhere world-class entertainment. We look forward to building a long and successful relationship.

The multiyear deal was described as a long-term commitment as the studio conglomerate looks to a new era of ownership. Domain, run by CEO Patrick R. Leardo, said the co-financing slate deal could be extended to 40 features if certain unnamed benchmarks were met.

In July, Paramount Global controlling shareholder Shari Redstone inked a deal with David Ellison and Skydance Media to merge in a deal that brings together the producer ofTop Gun: Maverickwith the owner of Paramounts film studio as well as CBS, Showtime, Nickelodeon, MTV, Paramount+ and other assets.

More to come.

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