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$7.3bn Q1 revenues and $168m profit as Paramount pushes toward a planned merger with Warner Bros. Discovery and reaffirms a strategy of 30 theatrical releases annually with a 45-day exclusive window; studios segment flagged Scream 7 as a top theatrical performer with $207.6m worldwide and the company secured $59bn-plus in bridge/syndicated financing tied to the merger timeline.
Raven Banner Entertainment acquired world sales rights to Tyler Savage’s Oddities after its Brussels Fantastic Film Festival premiere and will launch sales at Cannes; the genre pic stars Lilimar, Lovie Simone, Adrienne Barbeau and Xander Berkeley and is produced by Fryman Films and Wrigley Media Group.
Barunson E&A will launch sales at Cannes for Stoneborn, an occult mystery from the creators of South Korea’s Exhuma that began shooting in March and is due to wrap in June with a 2027 local release; the film follows a sacred wish-granting stone pulling a town into darkness and stars Sul Kyung-gu and Jongseo Jeon, produced by Pinetown and Cinematic Moment.
Pending $110 billion Warner Bros. Discovery merger remains on track for Q3; Paramount is consolidating Paramount+, Pluto TV and BET+ onto a unified backend this summer to enable new features and efficiency while maintaining guidance for 30 films a year post-close and $3B+ efficiencies through 2027.
Neon acquired U.S. rights to Jeff Nichols’ Southern gothic horror King Snake while FilmNation financed and handles worldwide sales; principal photography is underway in Arkansas with Margaret Qualley, Michael Shannon and Drew Starkey attached and Neon scheduling a nationwide theatrical release.
October 15, 2027 release date set for Radio Silence’s The Mummy reboot, swapping slots with Miami Vice ’85; Brendan Fraser and Rachel Weisz board to reprise Rick and Evelyn, John Hannah returns, and David Coggeshall is scripting with a promised practical-effects emphasis.
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