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Paramount Pictures’ Output Deal With MGM+ Extended
EXCLUSIVE: Paramount Pictures has quietly extended the studio’s output deal with MGM+ through 2025, sources tell Deadline. The companies’ last pact, inked in 2021, ran through December …
According to a source familiar with the situation, the Pay 1 deal was extended sometime last year to go through the ’25 Paramount Pictures slate under the terms of the renegotiated 2021 agreement that allow for most of the studio’s theatrical movies to premiere first on Paramount+ before going to MGM+. (The latest, 2023 summer tentpole Mission: Impossible – Dead Reckoning, just set a Jan. 25 premiere date on Paramount+ in the U.S. and Canada, followed by a February rollout in international markets.) NBCUniversal’s Peacock has made Universal’s slate available in the Pay 1 window, and execs have said the recent theatrical releases have been a key driver of new subscriptions.
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