By
Matthew Rudoy
Published 26 minutes ago
Matthew Rudoy is one of ScreenRant's Movie & TV News Editors. He covers the latest in movie & TV news, with a focus on major franchises like Star Wars, The Boys, and Game of Thrones. He wrote lists for ScreenRant from 2017-2022, became a news writer in 2023, a senior staff writer in 2024, and an editor in 2025.
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This article covers a developing story. Continue to check back with us as we will be adding more information as it becomes available.Despite the success of Wicked and Wicked: For Good at Universal and his first-look deal with Warner Bros., Jon M. Chu has signed a new deal with Paramount. Chu directed both parts of the Broadway musical adaptation, which have proven to be a massive box office success. The first movie grossed $759 million worldwide, while For Good has made $401 million in its first two weeks.
According to Matt Belloni, Paramount has now signed Chu to a significant movie and TV first-look deal. Universal was also interested but was unable to sign Chu. This new deal takes over the existing one that the filmmaker had with Warner Bros. Check out Belloni's post below:
As Belloni notes, signing Chu is a major achievement for Paramount in its new era under David Ellison's leadership. Getting Chu is particularly important after it was revealed in late October that prolific Taylor Sheridan would be leaving Paramount after signing a new deal with NBCUniversal.
Prior to Chu's new deal with Paramount, he already had several projects lined up. This includes the long-gestating Crazy Rich Asians 2, a sequel to the original 2018 movie that Chu directed. It made $239 million worldwide against a $30 million budget, proving before Wicked that Chu could helm major box office hits.
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