Paramount and Warner Bros Open First Films Post-Merger as Street Fighter Eyes $70 million Global Start

The first two films under the newly combined Paramount Warner Bros merger open this weekend: Legendary's Street Fighter and Clockwork's limited 4K re-release of Ken Russell's 1971 The Devils. Street Fighter is projected for a near $70 million global opening, according to Yahoo.

Street Fighter Leads Paramount's Post-Merger Slate

Street Fighter, the feature take of the Capcom videogame, is expected to open in the high $30Ms domestically and mid $30Ms internationally for a near $70 million global start or more. The Kitao Sakurai directed movie was made for a net $82 million with Capcom and is booked at 3,500 theaters with a heavy Imax and PLF footprint. Previews start Thursday in U.S. and Canada at 2PM with a 7PM fan event featuring bonus footage and giveaways.

The film is the first theatrical release under Legendary Entertainment's new global distribution deal with Paramount. Legendary's Monsterverse franchise launched its first theme park attraction, Kong x Godzilla: The Ride, at Lotte World Adventure in South Korea on July 24, 2026, an 11-minute dark ride developed with Toho Co., Ltd., according to Ign.

The Devils Opens in 350 Theaters

Warner Bros Clockwork's unearthed Catholic movie The Devils is going into 350 playdates this weekend in key U.S. and Canada cities. The Devils is the first theatrical release for the genre label led by Christian Parkes.

Paramount's Combined Box Office and Pipeline

For January 1 to October 11, the combined domestic box office for Paramount and Warner Bros stands at $941.6 million, ranking fourth behind Universal, Disney and Sony, according to akta.pro company records. Paramount has 16 films planned for 2026, up from 8 inherited films, with further consolidation planned through the Warner Bros. Discovery merger. In June 2026, Paramount signed a four-year exclusive deal with the Duffer Brothers' Upside Down Pictures, with a first theatrical feature scheduled for November 3, 2028.

Earlier Paramount Moves

Paramount Pictures co-chairs Josh Greenstein and Dana Goldberg said in a Day 1 memo that Paramount Pictures and Warner Bros. Pictures will operate their film divisions independently, Yahoo reported in October 2026. Paramount Pictures is developing a live-action film set in the Cyberpunk 2077 universe with Lorenzo di Bonaventura producing alongside CD Projekt Red, Deadline reported in October 2026. Pixar, Lionsgate and Paramount led California's film office in a round of tax credits, with 35 movies awarded $226.1 million, The Hollywood Reporter reported in October 2026.

What Opens Next

Clayface opens next weekend, followed by The Cat in the Hat on November 6, Ebenezer on November 13, Dune: Part 3 on December 18, The Angry Birds 3 on December 23 and Mr. Irrelevant on December 25.