Paramount Announces New Partnership With Netflix To Produce Projects Specifically For The Streaming Service

Netflix and Paramount have made it official. After months of flirtation, testing the waters with projects like “The Cloverfield Paradox” and “Annihilation,” the film studio and the streaming giant have unveiled a new agreement that would see Paramount create new films for Netflix in a more official capacity.

According to Paramount boss Jim Gianopulos, during a recent earnings call (via Deadline), the studio will further develop its relationship with the streaming service by creating content that will be launched directly through Netflix.

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