Thanks to a legal document submitted to the United States Securities & Exchange Commission yesterday, we have learned that Paramount Pictures will continue working with Hasbro to produce future G.I. Joe movies.
“Paramount has several multi-picture production, distribution and financing relationships, including its recently extended agreement with Skydance Productions (“Skydance”) and a new overall deal with Hasbro Inc. (“Hasbro”). Under the Skydance agreement, Paramount and Skydance will continue to work together to produce and finance certain Paramount films, and Paramount has a first look on Skydance-initiated projects, including animated films. Paramount’s agreement with Hasbro involves the production, financing and distribution of live action and animated films based on Hasbro’s expansive list of properties. Paramount and Hasbro will also continue to work together on the Transformers and G.I. Joe franchises, including the first Transformers spinoff – Bumblebee – which is scheduled for theatrical release in December 2018.”
While we have heard of the agreement before, this is the first time we are seeing it on a legal documentation. It is also important to note that Transformers and G.I. Joe franchises are highlighted prominently and the fact that the partnership with Skydance Productions is also extended. Skydance helped Paramount to produce both G.I. Joe: Rise Of Cobra and G.I. Joe: Retaliation.
This submission came directly after Viacom’s annual conference call to close the financial outcome of Fiscal Year 2018. The parent company of Paramount Pictures reported a positive output after 2014.
“In addition to our internal executive team, we enter in — entered into multi-year relationships with Hasbro, which brought us the Transformers and G.I. Joe films.” said James ‘Jim’ Gianopulos, Chairman & CEO. “In film, we have a diverse slate of 13 theatrical releases versus fiscal 2018’s nine releases. These include the latest installment of the Transformers franchise, Bumblebee.”
What do you expect to see from future G.I. Joe movies? Let your thoughts known, on the thread associated with this news post.
SilverOptimus says
News Post: Paramount Continues To Work With Hasbro To Produce G.I. Joe Movies
46 Zone says
So they are supposed to make 9 new movies, or 13 new movies, or does that 9/13 also include what has been released by them already?
SilverOptimus says
Even if the movie is being produced in 2018, it won't count into 2018 if it is released after October 1st, 2018.
46 Zone says
captain N says
If there doing that then WERE ARE ALL THE G.I. JOE MOVIES?!
Megastar says
Gatilho says
blackman2005 says
Just more fluff and no actual plan put into action. I really don't get why is it so hard to get G.I. Joe right; it's a sci-fi military action adventure that's been mimicked by other films and properties over the past 30 years.
As for films, like please put some money upfront, get some star power and go forwarth. It's not like we expect it to win an Academy Award by any means, but it has to be fun, memorable and have a rewatch factor. No way were the folks behind the Fast and Furious franchise geniuses but now its one of Hollywood's highest grossing film franchises of all time. So with that, it can't be too difficult to make Joes a success with the right formula.
skinny says
on JAGS last night, we learned from a reliable source that GIJOE 3 was supposed to be released in 2018 and that it was canceled.
This puts a whole new spin on the GIJOE3/Snake Eyes information we have gotten before.
GIJOE 3 and anything associated with it, script, writer, writers room, any planned product, was axed according to the source. "Ever Vigilant" seems to be done for good.
Snake Eyes is the only movie property we now know about.
My question is, what will Hasbro do with the partnership with Netflix.
Will Snake Eyes go straight to Netflix?
Will it be a two hour kickoff to a Snake Eyes series?
Many questions remain.
sbartek1974 says
Full Thread: Paramount Continues To Work With Hasbro To Produce G.I. Joe Movies
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