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BusinessQuiet 4d · day 5

Paramount's Film Pledge Turns Out to Require Fewer Movies, Not More

A viral verification thread shows the touted settlement locks in a lower film output than the studios already produced last year.

newest coverage 4d agosummary written 4d ago2 pieces989 likes & upvotes29 comments MastodonX

What to know

  • A widely repeated claim that Paramount agreed to "make" 30 films is contradicted by an analysis of the settlement's actual text.
  • The two studios combined made 18 films last year; the settlement reportedly commits Paramount to fewer films than that, not more.
  • The deal bars selling the Warner Bros. lot for five years but allows relocating it out of Los Angeles, raising concerns about jobs moving to states with weaker union protections.

@BedoyaUSA Analyst who verified the settlement termsParamount Studio party to the settlementAMC Theatres CEO Executive cited as source of the '30 films' claimCory Doctorow (pluralistic@mamot.fr) Commentator amplifying the analysis

Paramount's Film Pledge Turns Out to Require Fewer Movies, Not More
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How it unfolded 2 developments, newest first · click a bar or a number to jump posts

Peak 1 piece in two hours at Sep 21, 6 PM; 2 pieces over 5 days (2 posts) Sep 21, 6 PM — 1 piece · 1 post — X 1Sep 21, 8 PM — quietSep 21, 10 PM — quietSep 22, 12 AM — quietSep 22, 2 AM — 1 piece · 1 post — Mastodon 1Sep 22, 4 AM — quietSep 22, 6 AM — quietSep 22, 8 AM — quietSep 22, 10 AM — quietSep 22, 12 PM — quietSep 22, 2 PM — quietSep 22, 4 PM — quietSep 22, 6 PM — quietSep 22, 8 PM — quietSep 22, 10 PM — quietSep 23, 12 AM — quietSep 23, 2 AM — quietSep 23, 4 AM — quietSep 23, 6 AM — quietSep 23, 8 AM — quietSep 23, 10 AM — quietSep 23, 12 PM — quietSep 23, 2 PM — quietSep 23, 4 PM — quietSep 23, 6 PM — quietSep 23, 8 PM — quietSep 23, 10 PM — quietSep 24, 12 AM — quietSep 24, 2 AM — quietSep 24, 4 AM — quietSep 24, 6 AM — quietSep 24, 8 AM — quietSep 24, 10 AM — quietSep 24, 12 PM — quietSep 24, 2 PM — quietSep 24, 4 PM — quietSep 24, 6 PM — quietSep 24, 8 PM — quietSep 24, 10 PM — quietYesterday, 12 AM — quietYesterday, 2 AM — quietYesterday, 4 AM — quietYesterday, 6 AM — quietYesterday, 8 AM — quietYesterday, 10 AM — quietYesterday, 12 PM — quietYesterday, 2 PM — quietYesterday, 4 PM — quietYesterday, 6 PM — quietYesterday, 8 PM — quietYesterday, 10 PM — quietToday, 12 AM — quietToday, 2 AM — quietToday, 4 AM — quietToday, 6 AM — quietToday, 8 AM — quietToday, 10 AM — quiet 12
Sep 22Sep 23Sep 24yesterdaynow · 12:55 PM ET
  1. 2

    Doctorow details film-count and Warner lot terms

    Cory Doctorow's mastodon thread amplifies the finding, noting the studios made 18 movies last year and have only "committed" to making fewer, and adds that Paramount also agreed not to sell the Warner lot for five years — but remains free to move it out of Los Angeles.

    “They made 18 movies last year. Under the terms of this deal, they have "committed" to making *fewer* movies than they make today…”
    — pluralistic@mamot.fr
    • pluralistic@mamot.fr

      They made 18 movies last year. Under the terms of this deal, they have "committed" to making *fewer* movies than they make today: https:// x.com/BedoyaUSA/status/2102173 188557799773 They've committed to not selling the Warner lot. For five years. But they *are* allowed to move it out of LA, which is something my neighbors in Burbank are doubtless…

      pluralistic@mamot.frMastodon4d agoview on Mastodon ↗
  2. 1

    BedoyaUSA disputes claim that Paramount must make 30 films

    @BedoyaUSA posts that he verified the settlement text and found it does not require Paramount to produce more films than the combined studios made last year, and in fact permits fewer, contradicting a figure attributed to the AMC Theatres CEO.

    “This settlement does not require Paramount to make any more films than the two studios made last year. In fact, it lets them make fewer films.”
    — @BedoyaUSA

    • Okay folks, I verified it: This settlement does not require Paramount to make any more films than the two studios made last year. In fact, it lets them make fewer films. People keep saying Paramount has agreed to "make" 30 films. In fact, the CEO of AMC theaters just said that's

      @BedoyaUSAX4d ago989▲view on X ↗

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