Paramount Pictures continues its streak of high-profile deals, sealing a first-look, multi-picture deal with Will Smith and his company Westbrook.

Following the closing of the Skydance merger last month, the new pact with Smith will focus on creating global, four-quadrant theatrical movies with franchise-starting and IP-based films.  

The terms encompass a first-look deal with a development commitment to franchise-starters positioned as starring vehicles for Smith, which include the thriller Sugar Bandits and Rabbit Hole. Westbrook will be based on the Paramount lot in Hollywood.

Based on the book Devils in Exile by Chuck Hogan, Sugar Bandits follows a former Special Forces soldier who runs an elite vigilante squad working to wipe out the drug trade in Boston.

Rabbit Hole will be penned by Dune scribe Jon Spaihts; plot details are unknown at this time.

The deal marks another huge win for Paramount, which has been on a streak of luring big-time talent under new boss David Ellison. Last month, the Duffer brothers, who had a strong relationship with Netflix going back to the debut of Stranger Things, signed a four-year deal with Paramount last month that stunned the industry.

Smith and Westbrook previously had their deal with Sony for decades.

Paramount has also been busy on the content front, recently acquiring the rights to adapt a feature film based on the Activision video game series Call of Duty. It also made a big splash the day the Skydance deal closed, landing the coveted package High Side starring Timothée Chalamet, with James Mangold directing.

Smith and Westbrook are repped by CAA.