Jon M. Chu Just Signed a Deal With Paramount—Is Hollywood About to Get Its Next Big Cosmic Shakeup or What?
Added on December 4, 2025 inMovie News Cards
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Is it just me, or does it feel like the universe is tossing some major mojo towards Hollywood’s current cosmic battlefield? As Jon M. Chu—yes, the wizard behind Wicked’s dazzling spell—signs on for a first-look producing deal with Paramount starting in 2026, one can’t help but wonder if Mercury’s return aligned just right to nudge this mega-move into motion. Paramount, fresh off snagging the Duffer brothers and a slew of other stars, seems determined to become the ultimate talent magnet under its Skydance wing. Meanwhile, Chu’s leaving behind the Warner Bros. orbit, setting sail for new constellations where his knack for box office gold—from Crazy Rich Asians to Wicked’s record-shattering openings—is sure to shine even brighter. What’s next on the horizon for this prolific director? Only the stars (and his upcoming projects) will tell—but one thing’s for sure: The industry’s watching, and so should you.
David Ellison’s Skydance-owned Paramount keeps scooping up talent. The latest? Wicked filmmaker Jon M. Chu.
Chu on Wednesday signed a first-look three-year producing deal with Paramount Pictures and Paramount Television Studios.
Under the deal, which takes effect Jan. 2, 2026, Chu and his production company will work to develop and produce feature film and television projects for the Melrose Avenue studio. He’ll work closely with Paramount Pictures co-chairs Dana Goldberg and Josh Greenstein, Motion Picture Group president Don Granger and Paramount Television Studios president Matt Thunell.
Chu is wrapping up a tenure at Burbank-based Warner Bros, where he made the feature adaptation of the Broadway musical In the Heights and Crazy Rich Asians. According to sources, Warners made an effort to keep him, and Universal, the studio behind the Wicked movies, also wooed him, but none were a match for New Paramount. This is the same studio that lured Matt and Ross Duffer away from Netflix and has signed filmmaker James Mangold and actor Will Smith, among others.
Chu is coming off Wicked: For Good, the second installment in his film adaptation of the famed Broadway musical. The film, starring Ariana Grande and Cynthia Erivo, opened mere weeks ago and holds the record for the biggest global opening ever for a movie based on a Broadway show, and the second-biggest opening at the domestic box office in 2025.
Wicked, the first installment, released last year and became a box office hit, earning more than $756 million worldwide. It also scored 10 Oscar nominations, including best picture. At the ceremony earlier this year, it ultimately won the Academy Awards for best production design and best costume design.
Chu previously directed the critically acclaimed Crazy Rich Asians, which served as a turning point for Asian and Asian American representation in Hollywood. On top of In the Heights, he also counts Now You See Me 2 and Step Up 2 the Streets among his credits.
He’s in development on the live-action Hot Wheels feature for Warner Bros., as well as executive producing a Crazy Rich Asians TV series that HBO Max is developing.
Chu is repped by UTA, Artists First and Goodman Genow.
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