$PARA

Paramount Skydance, via media reports, offered AMC Entertainment and Regal Cinemas legally binding three-year deals guaranteeing at least 30 theatrical releases per year, with a 45-day exclusive window and penalties if targets are missed. The terms are intended to address exhibition and antitrust concerns in Paramount’s proposed $110B acquisition of Warner Bros. Discovery, tied to nearly $50B debt financing and potential $1B+ late fees.

Paramount Skydance, according to Deadline, is offering three-year agreements to AMC and Cineworld’s Regal to lock in a combined 30-film annual theatrical slate tied to the proposed Warner Bros. Discovery acquisition. The plan includes 45-day theater exclusivity, 90-day streaming delay, and penalties for missing targets. DOJ closed its antitrust probe, but 12 states sue and a trial is set for March 2027.