Paramount Pictures Enters Major Slate Financing Deal With Domain Capital Group (EXCLUSIVE)
variety.comParamount Pictures has entered into a significant new slate financing deal with private investment management firm Domain Capital Group.
The pact between the studio and the firm covers a minimum of 30 films, including upcoming releasessuch as “The Smurfs Movie,” “The Naked Gun” reboot, Glen Powell’s “The Running Man” and the Jack Quaid action thriller “Novocaine.” The agreement will cover films from a wide range of genres and budget levels.
The co-financing arrangement is automatically extendable to 40 pictures under certain circumstances. The Atlanta-based Domain Capital Group is led by Managing Director Pete Chiappetta.
Domain previously worked with Paramount on “Gladiator II,” “Sonic the Hedgehog 3” and“Better Man.” Domain Capital Group previously entered a multi-year co-financing pact with Warner Bros.
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