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Paramount Pictures’ Output Deal With MGM+ Extended

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deadline.com

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 2023, and another extension was not a given since there have been major changes at the network — known as Epix at the time of the deal — in the two years since.

It got new ownership as well as a new name, MGM+, following MGM’s 2022 acquisition by Amazon. 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.) Paramount Global in 2022 announced that, starting with 2024 film releases, Paramount+ will become the streaming home for all new Paramount Pictures movies in the U.S.

Read more on deadline.com
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