Paramount Vows to Keep Films in Theaters at Least 45 Days (1)

Paramount Skydance Corp. plans to release all of its films in theaters and keep them there exclusively for at least 45 days as the media company continues to face criticism over whether its pending acquisition of Warner Bros. Discovery Inc. will hurt Hollywood.

The company will send its films to streaming services like Paramount+ after 90 days have passed, according to Chief Executive Officer David Ellison, who gave a presentation Thursday at the CinemaCon conference in Las Vegas. The policies begin immediately. The comments build upon earlier commitments he made to European regulators.

“The theatrical experience is also smart ...