Found this little tidbit this morning, which means Star Trek and Transformers franchises are going to be extremely important to Paramount in light of recent happenings in the industry.
Certainly the need to produce real blockbusters is going to have people very focused on their work:
*Disney/Marvel Fallout: Star Trek & Transformers New Focus For Paramount*
(online.wsj.com)
Walt Disney Co.'s plan to buy Marvel Entertainment Inc. May deliver a setback to Viacom Inc.'s Paramount Pictures.
Paramount less than a year ago signed an agreement with Marvel Studios to distribute the company's five next films, including "Iron Man 2," "The First Avenger: Captain America," and Marvel's most-anticipated property, "Thor."
That deal will remain in place, but a Disney takeover means it won't get extended. That could pose a problem for Paramount, which leans on revenue garnered by distributing films produced by others.
Paramount has released a string of home-grown franchises, including "Star Trek," which has grossed more than $250 millon and the domestic box office, and "Transformers." The sequel to that franchise grossed more than $400 million this summer.
The studio will likely focus on those franchises in the coming years, especially after the Marvel films are released and that deal ends.
Certainly the need to produce real blockbusters is going to have people very focused on their work:
*Disney/Marvel Fallout: Star Trek & Transformers New Focus For Paramount*
(online.wsj.com)
Walt Disney Co.'s plan to buy Marvel Entertainment Inc. May deliver a setback to Viacom Inc.'s Paramount Pictures.
Paramount less than a year ago signed an agreement with Marvel Studios to distribute the company's five next films, including "Iron Man 2," "The First Avenger: Captain America," and Marvel's most-anticipated property, "Thor."
That deal will remain in place, but a Disney takeover means it won't get extended. That could pose a problem for Paramount, which leans on revenue garnered by distributing films produced by others.
Paramount has released a string of home-grown franchises, including "Star Trek," which has grossed more than $250 millon and the domestic box office, and "Transformers." The sequel to that franchise grossed more than $400 million this summer.
The studio will likely focus on those franchises in the coming years, especially after the Marvel films are released and that deal ends.