Paramount wants to get moviegoers back to theaters. Here’s what it has on deck

Paramount wants to get moviegoers back to theaters. Here’s what it has on deck


Tom Cruise in “Top Gun: Maverick”

Source: Paramount

Paramount Pictures is upping the theatrics.

Chris Aronson, president of domestic distribution for the studio, demonstrated as much Thursday, kicking off Paramount’s studio presentation at CinemaCon by rising through the stage through a sewer grate.

related investing news

Wall Street believes this one stock was the biggest earnings winner ... and it's not tech

CNBC Pro

Aronson, donning an orange eye mask a la Michelangelo from “Teenage Mutant Ninja Turtles” and carrying a pizza box, told an audience at Caesar’s Palace in Vegas that studios and exhibitors need to focus “on the long-term health of our business” rather than short-term gains.

“We’ve got a lot of work to do to get us to where we need to be,” he said. “We can’t create any friction that prevents audiences from coming to see our movies in your theaters. Let’s listen to the consumer and give them the experience that they want and the one that they deserve.”

Aronson poked fun at AMC’s in-theater marketing featuring Nicole Kidman, as well as the theater owner’s dynamic pricing model, which it launched in February, calling on the industry to explore new ticket pricing options as theater admissions decline and ticket prices continue to inflate.

“Let’s work together to get it right,” Aronson said. “Pave the way for more moviegoers to come to see our movies. And, of course, we want to keep up our end of the bargain, which means delivering you unparalleled big screen entertainment.”

Paramount is slated to report its quarterly earnings next week.

Here’s the studio’s upcoming film slate:

  • “Transformers: Rise of the Beasts” — June 8, 2023
  • “Mission: Impossible — Dead Reckoning: Part One” — July 12, 2023
  • “Teenage Mutant Ninja Turtles: Mutant Mayhem” — Aug. 4, 2023
  • “Paw Patrol: The Mighty Movie” — Sept. 29, 2023
  • “Killers of the Flower Moon” — Oct. 6, 2023
  • “Bob Marley: One Love” — Jan. 12, 2024
  • “A Quiet Place: Day One” — March 8, 2024
  • “If” — May 24, 2024
  • “Transformers One” — July 19, 2024
  • Untitled “Smurf” animated film — Feb. 14, 2025
  • “The SpongeBob Movie: Search for SquarePants” — May 23, 2025
  • Untitled “Avatar: The Last Airbender” — Oct. 10, 2025

 



Source

Allbirds becomes latest retailer to close brick-and-mortar stores in shift to online focus
Business

Allbirds becomes latest retailer to close brick-and-mortar stores in shift to online focus

A woman walks past an Allbirds store in the Georgetown neighborhood of Washington, D.C., on Tuesday, Feb. 16, 2021. Al Drago | Bloomberg | Getty Images Shoe brand Allbirds on Wednesday became the latest retailer to shift its focus from physical stores to online retail to increase profitability. The company announced that it will close […]

Read More
Starbucks is about to report earnings. Here’s what to expect
Business

Starbucks is about to report earnings. Here’s what to expect

People walk onto an escalator under a Starbucks coffee sign in Manhattan on Dec. 2, 2025 in New York City. Spencer Platt | Getty Images Starbucks is expected to report its fiscal first-quarter earnings on Wednesday before the bell. Here’s what Wall Street analysts surveyed by LSEG are expecting the company to report: Earnings per […]

Read More
Homebuyers are backing out of deals at the fastest pace in nearly a decade
Business

Homebuyers are backing out of deals at the fastest pace in nearly a decade

A “sale pending” sign is posted in front of a home for sale on November 30, 2023 in Larkspur, California. Justin Sullivan | Getty Images Serious headwinds in the housing market and the broader economy are tanking home sales at an alarming rate. More than 40,000 signed home purchase agreements were canceled in December, representing […]

Read More