Current:Home > FinanceThe show goes on for Paramount with ‘Gladiator II,’ a new Damien Chazelle movie and more -TradeGrid
The show goes on for Paramount with ‘Gladiator II,’ a new Damien Chazelle movie and more
View
Date:2025-04-14 22:24:45
LAS VEGAS (AP) — With reports and rumors swirling about possible mergers and bids to acquire Paramount, the film studio put its best foot forward for theater owners at CinemaCon on Thursday.
The historic studio announced a new film with Oscar-winning “La La Land” director Damien Chazelle, a “G.I. Joe/Transformers” crossover and that Glen Powell will star in Edgar Wight’s “Running Man” reboot.
Paramount CEO and President Brian Robbins also teased some more that are in development, including a Bee Gees film from Ridley Scott, a new musical from Trey Parker and Matt Stone, a “Star Trek” origin story, a new “Scary Movie” and an R-rated live action “Teenage Mutant Ninja Turtles: The Last Ronin” as well as an animated “Mutant Mayhem” sequel.
They also brought out stars like Chris Hemsworth and Lupita Nyong’o to talk about their upcoming films, with video messages from Scott, Denzel Washington and Paul Mescal, who helped introduce new footage from “Gladiator II.”
Washington promised, “Emotion, action and spectacle unlike anything else you’re going to see in theaters this year.”
Paramount had a positive start to 2024 with successful releases like “Mean Girls” and “Bob Marley: One Love,” and some major films to come this year including “A Quiet Place: Day One” (June 28), the animated “Transformers One” (Sept. 13), a “Smile” sequel (Oct. 18) and the “Gladiator” sequel (Nov. 22). They will also re-release Christopher Nolan’s “Interstellar” in September for its 10th anniversary, and, in 2025, “Mission: Impossible 8.” But hovering over it all are the reports of the company’s sale.
The private-equity firm Apollo Global reportedly offered $11 billion to acquire the studio, which has filmed entertainment, television and streaming components like Paramount+. There have also been reports of a possible merger with Skydance, David Ellison’s media company that has helped produce such Paramount releases as “Top Gun: Maverick” and “Mission: Impossible – Dead Reckoning.”
Without directly addressing them, Paramount leaned into the chatter with Robbins joking that the studio’s distribution head Chris Aronson has started a Kickstarter to throw his hat into the ring.
While the tone at CinemaCon, a weeklong gathering of theater owners, exhibitors and all the various companies involved in movie theater operations and experiences, is usually overwhelmingly positive, Aronson took a more sober approach.
After entering the presentation in a Roman chariot holding a shield emblazoned with the Paramount logo, he noted that the industry has lost a fair amount of frequent moviegoers and must work to get them back with capital improvements to theaters and other innovations.
The domestic box office has improved year after year since the pandemic, but is still about $2 billion shy of where the business was pre-pandemic.
“Our industry is at a turning point,” Aronson said. “It’s quite clear that moviegoers still love going to the movies, but we as an industry must do better.”
veryGood! (261)
Related
- 2 killed, 3 injured in shooting at makeshift club in Houston
- Google, Amazon, Microsoft, Meta other tech firms agree to AI safeguards set by White House
- Ariana Madix Shares Surprising Take on Vanderpump Rules' Scandoval Reunion Drama
- Bama Rush Deep-Dives Into Sorority Culture: Here's Everything We Learned
- Bodycam footage shows high
- Julia Fox Wears Bold Plastic Clown Look at the Cannes Film Festival 2023
- As Climate Change Threatens Midwest’s Cultural Identity, Cities Test Ways to Adapt
- CBS News poll finds most say Roe's overturn has been bad for country, half say abortion has been more restricted than expected
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Damaged section of Interstate 95 to partially reopen earlier than expected following bridge collapse
Ranking
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- It's never too late to explore your gender identity. Here's how to start
- The Wood Pellet Business is Booming. Scientists Say That’s Not Good for the Climate.
- Trump wants the death penalty for drug dealers. Here's why that probably won't happen
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Heading to Barbie Land? We'll help you get there with these trendy pink Barbiecore gifts
- 'A Day With No Words' can be full of meaningful communication
- The COVID public health emergency ends this week. Here's what's changing
Recommendation
Highlights from Trump’s interview with Time magazine
These states are narrowly defining who is 'female' and 'male' in law
U.S. Military Bases Face Increasingly Dangerous Heat as Climate Changes, Report Warns
America has a loneliness epidemic. Here are 6 steps to address it
A South Texas lawmaker’s 15
Ex-NYPD sergeant convicted of acting as Chinese agent
Gene therapy for muscular dystrophy stirs hopes and controversy
DNC to raise billboards in Times Square, across U.S. to highlight abortion rights a year after Roe v. Wade struck down