EPISODE · Sep 2, 2026 · 3 MIN
Episode 130: Range Media's Paramount First-Look Deal
from The Option · host Oil&Cattle
Range Studios, the production arm of Range Media Partners, is in final talks to close a two-year first-look deal with Paramount Pictures focused on commercially elevated theatrical releases. The deal formalizes a relationship that's already operational — with projects including an R-rated workplace comedy and the Osgood Perkins/Nicolas Cage follow-up to Longlegs already in development under its terms. For agents, producers, and executives tracking where preferential studio partnerships are landing, this is a signal worth reading carefully. Key Takeaways: Range Studios is in final talks on a 2-year first-look deal with Paramount Pictures, focused on commercially elevated theatrical releases. Fred Berger's film & production division has produced nearly 20 films in the last 3 years, including the Academy Award-nominated A Complete Unknown and the Oz Perkins horror breakout Longlegs. Already in development under the deal: Bald Eagles, an R-rated workplace comedy preempted by Paramount in a competitive situation, and Osgood Perkins' Nicolas Cage follow-up to Longlegs, slated for January 2028 release. Range currently has four films in production or pre-production across four different buyers: Amazon MGM, Neon, and two independent productions — demonstrating multi-buyer leverage even as they formalize a Paramount home base. Founding partner Jack Whigham will serve in an advisory and producing role on Paramount projects — a manager-as-producer structure that draws scrutiny but is backed by demonstrable output. Brian Kavanaugh-Jones departed the Range Studios exec team to join Oddfellows, but remains a producing partner on existing projects including Longlegs 2. The deal is in final talks — not signed — but is functionally operational given existing projects already developing under it. For agents and showrunners tracking where institutional production deals are moving, Range is the clearest current example of a management-adjacent company successfully converting talent relationships into studio infrastructure. The Paramount deal is Exhibit A in why vertical integration at the management level is a structural threat to traditional producing deals — and why the rep-as-producer debate isn't going away. Watch for a formal announcement once the deal closes. Subscribe to The Option for daily updates on the business behind the business.
Embed this episode
What this episode covers
Range Studios, the production arm of Range Media Partners, is in final talks to close a two-year first-look deal with Paramount Pictures focused on commercially elevated theatrical releases. The deal formalizes a relationship that's already operational — with projects including an R-rated workplace comedy and the Osgood Perkins/Nicolas Cage follow-up to Longlegs already in development under its terms. For agents, producers, and executives tracking where preferential studio partnerships are landing, this is a signal worth reading carefully.
Ready to play
Episode 130: Range Media's Paramount First-Look Deal
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.