Warner Music Group and Paramount Make Deal to Produce Biopics on WMG Artists
The films will be produced in partnership with the artists or their estates
Warner Music Group (WMG) has entered into a multi-year agreement with Paramount to produce feature films based on WMG artists and songwriters. Unigram, WMG’s production partner, will collaborate with Paramount to develop the films.
Background:
WMG recently made a similar deal with Netflix that focuses on documentaries.
Unigram leads production efforts in that deal as well.
Unigram was co-founded in partnership with Len Blavatnik‘s Access Industries, the majority owner of WMG.
What they said:
Robert Kyncl, CEO of Warner Music Group: “This collaboration with Paramount unites two forward-looking and innovative companies, and together we’re taking a fresh approach to the space. Every artist deserves to tell the stories behind their life and music in their own creative way, and we’re excited to partner with our incredible talent and world-class filmmakers to bring these stories to the big screen, growing their audiences around the world.”
Josh Greenstein and Dana Goldberg, Co-Chairs of Paramount Pictures: “We’re excited to partner with WMG and their extraordinary artists to create powerful theatrical experiences inspired by generation-defining music and talent.”
👋 Disclosures & Transparency Block
This article was written with information sourced from Music Business Worldwide.
We covered it because WMG is one of the three major labels.
