Paramount Skydance Corp. is offering AMC Entertainment Holdings Inc. (AMC) and Cineworld Group's Regal Cinemas written three-year agreements guaranteeing 30 theatrical releases a year, people familiar with the matter said, as it tries to protect its $110 billion acquisition of Warner Bros. Discovery Inc. (WBD) from mounting antitrust pressure. The proposed contracts would require each film to stay exclusively in theaters for at least 45 days before any digital release and bar streaming for 90 days, with financial penalties if Paramount misses the volume target. The commitments are designed to turn Paramount Chief Executive Officer David Ellison's public promises to exhibitors into enforceable obligations and undercut claims from regulators that a combined Paramount-Warner Bros. would shrink output. The merger faces a lawsuit from 12 U.S. states led by California Attorney General Rob Bonta, who argues the deal would concentrate too much power in Ellison's hands, reduce production volumes, and cost jobs. Paramount has opened talks with Bonta's office ahead of a trial scheduled for March, while delays tied to that case and a separate challenge from the Writers Guild of America have pushed closing beyond an initial end-of-September target and could leave Paramount owing Warner Bros. more than $1 billion in late fees by the time trial starts. The proposed theater agreements have divided exhibitors, with AMC CEO Adam Aron and Regal CEO Eduardo Acuna backing the transaction while Cinema United remains opposed. Critics across Hollywood, including unions, independent producers, tradespeople, and entertainment lawyers, question whether a heavily indebted combined studio could maintain output, pointing to Walt Disney Co.'s (DIS) acquisition of 20th Century Fox as a warning that earlier promises on production can give way to lower theatrical volume after consolidation.