Viacom’s Paramount Pictures is to make movies for Netflix as part of a new deal between the pair, unveiled at the end of last week.
Speaking on Viacom’s full-year results conference call at the end of the week, Paramount boss James Gianopoulis said that the studio was “exploring new revenue streams in addition to theatrical releases as a producer of first-run films and television for other media platforms”.
ABOUT KAUSER KANJI
Kauser Kanji has been working in online video for 19 years, formerly at Virgin Media, ITN and NBC Universal, and founded VOD Professional in 2011. He has since completed major OTT projects for, amongst others, A+E Networks, the BBC, BBC Studios, Channel 4, DR (Denmark), Liberty Global, Netflix, Sony Pictures, the Swiss Broadcasting Corporation and UKTV. He now writes industry analyses, hosts an online debate show, OTT Question Time, as well as its in-person sister event, OTT Question Time Live.