Paramount and Skydance at CinemaCon

The presentation aimed to calm concerns within the industry about the potential impact of the Paramount-Skydance merger on film output.

Ellison committed to a strict 45-day exclusive theatrical window for all major releases and a 90-day window before streaming.

Paramount also confirmed that 'Top Gun 3' is officially in development, with a script underway to reunite Tom Cruise and producer Jerry Bruckheimer.

The studio showcased footage from other upcoming projects, including a new 'Scary Movie' and an adaptation of 'Children of Blood and Bone.'