Paramount promised 30 movies a year to win Warner Bros. Losing Miramax if it fails may not scare it
Summary
A federal judge approved Paramount’s deal to acquire Warner Bros., which includes a commitment to release 30 films annually and a $30 million per-film penalty for falling short. The agreement also includes a provision that could cost Paramount Miramax if it fails to meet its obligations.
The $30 million penalty creates the more immediate constraint because it directly raises the cost
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The approval ties Paramount’s post-deal strategy to an unusually demanding output target.