Martin Scorsese joins Paramount
Scorsese, whose recent movie The Departed is currently in cinemas, can also work for other studios as part of the deal, but Paramount can co-produce or direct any of his projects in the next four years.
The director said he was looking forward to working for the studio, "a studio rich in cinematic history and responsible for making some of my favourite films".
Currently filming a documentary about The Rolling Stones, Scorsese has been nominated for an Oscar award six times but never actually won.
His Howard Hughes biopic, The Aviator, earned a nomination for best director, as did Gangs Of New York, Raging Bull, The Last Temptation Of Christ and Goodfellas, which was also on the shortlist for best adapted screenplay.
Other films on the director's roster include Casino, The Color Of Money, Bringing Out The Dead and Cape Fear.
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