NasdaqGS:WMGEntertainment
Warner Music Group Extends Film Reach With Paramount As Valuation Gap Persists
Warner Music Group and Paramount Pictures have agreed a multi year, first look partnership to develop theatrical films based on Warner Music artists and songwriters.
The deal focuses on creating new cinema projects that tap into both legendary and contemporary acts from Warner Music Group.
This collaboration pairs a major recorded music company with a leading Hollywood studio to build film concepts around music IP.
For investors watching NasdaqGS:WMG, this new film partnership sits...