Register

    “Top Gun: Maverick” to land on Paramount+ in December

    By SHOOTUpdated:No Comments1175 Views
    This image released by Paramount Pictures shows Tom Cruise portraying Capt. Pete "Maverick" Mitchell in a scene from "Top Gun: Maverick." Paramount Pictures announced Tuesday that “Top Gun: Maverick,” having made more than $1.48 billion worldwide at the box office, will debut Dec. 22 on Paramount+. (Scott Garfield/Paramount Pictures via AP)
    NEW YORK (AP) --

    Seven months after first arriving in theaters, "Top Gun: Maverick," the year's top film, will finally land on a streaming service.

    Paramount Pictures announced Tuesday that "Top Gun: Maverick," having made more than $1.48 billion worldwide at the box office, will debut Dec. 22 on Paramount+.

    In an age where studios have increasingly pushed to shorten the span between theatrical and streaming, Paramount kept the Tom Cruise-starring "Top Gun" sequel going in theaters and, more recently on video-on-demand, for an uncommonly long and extremely lucrative run.

    After being held for more than two years during the pandemic, "Top Gun: Maverick" was released in late May. It proved a juggernaut as the No. 1 film in North America for three straight weeks and even returned to the top spot over Labor Day weekend in September. It remained in the top 10 film at the domestic box office for 14 straight weeks. In late August, "Top Gun: Maverick" was released on premium on-demand for $20 (later reduced to $6) and again topped on-demand charts.

    "Top Gun: Maverick" will be available on Paramount+ in the U.S., Canada, the United Kingdom, Australia, Germany, Switzerland, Austria and in Latin America.

    Tags:Paramount+Top Gun: Maverick



    DirecTV calls off acquisition of rival Dish, possibly ending a yearslong pursuit

    Friday, November 22, 2024
    Dish Network satellite dishes are shown at an apartment complex in Palo Alto, Calif., Feb. 23, 2011. (AP Photo/Paul Sakuma, File)

    DirecTV is calling off its planned acquisition of rival Dish after the offer was rejected by bond holders at that company.

    The deal was reliant on Dish bond holders agreeing to trade in the debt they held for debt in the new company, a swap that would have cost them about $1.6 billion, collectively.

    The retreat by DirecTV this week may end a years-long effort by the company to acquire both Dish and Sling after it announced the bid in September.

    DirecTV was looking to acquire Dish TV and Sling TV from its owner EchoStar in a debt exchange transaction that included a payment of $1, plus the assumption of approximately $9.8 billion in debt. The deal was contingent on several factors, including regulatory approvals and bondholders writing off debt related to Dish.

    "While we believed a combination of DirecTV and Dish would have benefited all stakeholders, we have terminated the transaction because the proposed exchange terms were necessary to protect DirecTV's balance sheet and our operational flexibility," DirecTV CEO Bill Morrow said in a statement.

    The prospect of a DirecTV-Dish combo has long been rumored, and reported talks resurfaced over the years. And the two almost merged more than two decades ago — but the Federal Communications Commission blocked the deal valued at the time at $18.5 billion deal, citing antitrust concerns.

    The pay-for-TV market has shifted significantly since. As more and more consumers tune into online streaming platforms, demand for more traditional satellite entertainment continues to shrink.

    DirecTV says that it will continue to invest in next-generation streaming platforms and offer new packaging options while integrating content from live TV alongside direct-to-consumer... Read More

    MySHOOT Profiles


    Add A Comment