BREAKING: The iconic video game franchise Street Fighter has officially found a new home at Paramount. In a significant development, Legendary Entertainment has secured a three-year distribution deal with Paramount, marking a new chapter for both companies. The highly anticipated film adaptation of Street Fighter, directed by Kitao Sakurai, is set to hit theaters on October 16, 2026.
The partnership comes after Legendary’s previous deal with Sony expired at the end of 2024. Paramount is eager to kick off this collaboration with Street Fighter, which is already in production. The film will transport audiences back to 1993, the year Street Fighter II revolutionized arcade gaming.
According to the newly released logline, estranged fighters Ryu (Andrew Koji) and Ken Masters (Noah Centineo) are thrust into combat once again when the enigmatic Chun-Li (Callina Liang) recruits them for the next World Warrior Tournament. This brutal tournament is not just about fists; it unravels a deadly conspiracy that forces them to confront each other and their past demons. The stakes are high—if they fail, it’s GAME OVER!
In a joint statement, Josh Greenstein, co-chair of Paramount Pictures, and Dana Goldberg, co-chair of Paramount Pictures, expressed their enthusiasm: “Street Fighter is the perfect start to our collaboration.” They believe this partnership will yield strong and lasting results.
Josh Grode, CEO of Legendary, emphasized the strategic importance of this deal, stating, “This partnership marks an exciting new chapter for Legendary as we continue to pursue a diversified growth strategy.” He added that they are looking forward to creating captivating stories for global audiences.
The film boasts a sprawling cast, including David Dastmalchian as M. Bison, Cody Rhodes as Guile, and Jason Momoa as Blanka, along with many other notable names. This diverse ensemble promises to bring the beloved characters to life in a way that resonates with fans and newcomers alike.
This deal is part of a broader strategy for Paramount, which has been making headlines recently by luring top talent, including the creators of Stranger Things, and signing major deals worth billions, such as the $7.7 billion UFC rights agreement.
WHAT’S NEXT: As production ramps up, fans can anticipate more updates on Street Fighter, including teasers and trailers leading up to its release. With the gaming and film communities closely watching, this partnership is poised to make waves in both industries.
Stay tuned for further developments on this exciting collaboration between Paramount and Legendary as they gear up to bring Street Fighter back into the spotlight.
