Sept 4 (Reuters) - Paramount Skydance ( PSKY ) and

Legendary Entertainment announced a three-year global

distribution deal on Thursday, under which Paramount will

distribute films produced by Legendary, starting with a "Street

Fighter" movie.

The movie will be co-produced by Capcom ( CCOEF ), the

creators of the hit videogame franchise, and is set to hit

theaters in October next year.

The deal comes just days after Paramount struck a deal with

Microsoft-owned Activision Blizzard for a film adaptation of

"Call of Duty", as videogame-movie adaptations gain momentum and

Paramount seeks to leverage well-known properties.

Following the success of HBO's "The Last of Us" series in

2023, videogame firms and Hollywood studios rushed to sign

adaptation deals for popular titles, resulting in Amazon's

"Fallout" series and an upcoming sequel to "Mortal Kombat".