Whereas most studios have been cutting back and consolidating their film slates, something which has been of great success to the likes of Disney and Universal, rival Paramount Pictures is taking a different approach.
Speaking during a quarterly earnings conference call on Thursday (via THR, Viacom’s CEO Philippe Dauman says Paramount will expand its annual release slate to fifteen movies starting in the 2016 calendar year – up from thirteen in 2015.
Dauman says: “After a tough year, we believe Paramount is positioned to grow strongly next year and in the years to come, fueled both by a reinvigorated film business and our new high-growth TV production business.”
The studio had no wide release in the second quarter, but has had recent success with the launch of “Mission: Impossible – Rogue Nation” under its belt along with the likes of sequels to “Star Trek,” “Teenage Mutant Ninja Turtles” and “Zoolander” next year.
Paramount TV launches its first show, “Minority Report,” this fall ahead of a slate of nine series ordered and a further twelve already setup at networks or streaming outlets.