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Paramount in talks with Legendary for distribution
Paramount and Legendary are discussing a distribution deal after Sony expired its pact.

Legendary Pictures pursues a distribution deal with Paramount after its Sony pact expired, signaling a push to diversify its output strategy.
Legendary in Talks with Paramount on Distribution Deal
Paramount, now under Skydance ownership, is in talks to strike a movie output deal with Legendary Pictures, the producers behind Dune and MonsterVerse. Legendary’s pact with Sony ended at the close of last year and its Warner Bros arrangement ended in 2022. Any agreement with Legendary would exclude the Godzilla Kong films and the Dune franchise, which remain parked at Warner Bros. Legendary has other strong projects, including the Minecraft Movie released by Warner Bros, and the big budget Gundam adaptation that aims to start production next year with Sydney Sweeney attached.
Key Takeaways
"If you’re Paramount, you need lots of movies, and you need them quickly."
Insider quote highlighting urgency behind the deal
"The negotiations show how fast the studio map is changing across major players."
Industry trend observation
"Gundam could redefine Legendary next big launch."
Project potential for Legendary
"The push comes as the industry pursues a flurry of high stakes deals across the market."
Industry context
The speed of dealmaking signals a new normal in which control of distribution networks matters as much as IP itself. Paramount is testing a broader, faster path to build a steady release slate through multi studio partnerships. If the talks succeed, it could reshape how studios balance IP rights with release windows and streaming strategy.
Highlights
- Speed is the new currency in Hollywood dealmaking
- Deals move fast and rewrite the release map
- Gundam could redefine Legendary's next big launch
- This moment shows studios chasing control over how audiences see films
Financial and strategic risk in new distribution talks
The negotiations carry financial risk for both parties and could affect existing agreements. Investors will watch terms on revenue sharing IP control and release windows.
The next months will reveal how quickly this shift moves from talks to shining releases.
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