Paramount Pictures is making waves in Hollywood with a new multi-picture deal involving Will Smith and his company, Westbrook. This exciting partnership aims to create dynamic films that appeal to a wide audience and focus on franchise potential.
The agreement includes a first-look at development projects featuring Smith, with future hits like Sugar Bandits and Rabbit Hole. Westbrook will operate from Paramount’s Hollywood lot.
Sugar Bandits, based on Chuck Hogan’s book Devils in Exile, tells the story of a former Special Forces soldier leading a vigilante team to tackle Boston’s drug trade. Meanwhile, Rabbit Hole is being penned by Jon Spaihts, the writer behind Dune, but details on this film are still under wraps.
This deal is a significant achievement for Paramount, especially under the leadership of David Ellison. Just last month, the studio surprised many by signing the Duffer brothers, the creative minds behind Stranger Things, to a four-year contract.
Interestingly, Will Smith and Westbrook previously had a long-standing agreement with Sony, which shows a major shift in alliances. This change isn’t happening in isolation; Paramount is also busy expanding its content library. Recently, they secured the rights to develop a film based on the popular Activision game series, Call of Duty.
Looking at the numbers, film franchises have been a driving force in the industry. Reports indicate that successful franchises can earn significantly more at the box office compared to standalone films, a trend that Paramount is keen to capitalize on.
As Paramount continues to attract top-tier talent, the interest surrounding these projects is palpable. Fans and industry insiders alike are eager to see what this collaboration will bring to the big screen, reinforcing the notion that great storytelling is still at the heart of Hollywood’s success.
For more on the evolving film industry, check out this article from Variety for insights on trends and shifts.
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