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Paramount drops $450 million movie financing deal

A tight credit market prompted Viacom Inc.'s movie-making subsidiary, Paramount Pictures, to drop a deal for $450 million in financing from Deutsche Bank, the companies said Tuesday.

Paramount Pictures theme park planned for S. Korea

Paramount Pictures said Tuesday that developers will open a theme park and resort complex in South Korea in 2011 based on "Mission: Impossible," "Lara Croft: Tomb Raider" and other movies by the studio.

Paramount to Open Virtual Movie Vault

Paramount Pictures' film vault is opening up in the virtual world.

Facebook App Lets Users Send Movie Clips

Paramount Pictures will become the first major studio to make clips from thousands of its movies available for use on the Internet.

Paramount to End HD DVD Releases

In a further sign that Sony Corp.'s Blu-ray has won the high-definition format war, Paramount Pictures home entertainment unit said Friday it will release its last HD DVD titles on Tuesday.

U.S. Studios in China Anti-Piracy Deal

Two Hollywood rivals are joining forces to fight rampant movie piracy. Paramount Pictures will sell freshly released DVDs through Warner Bros. outlets in China in hopes of bringing low-cost, legitimate goods to market quickly.

Paramount Cuts Ties With Cruise Company

The latest high-profile Hollywood breakup is between Tom Cruise and his studio. Sumner Redstone, whose company owns Paramount Pictures, said the studio would sever its 14-year relationship with Cruise's film production company because "his recent conduct has not been acceptable to Paramount."

The Vine
New 'Transformers' Only Wants to be 'Summer Fun'
Source: CNN

"Transformers: Revenge of the Fallen" is "a really fun, explosive, outrageous, fantastical joyride," according to lead actor Shia LaBeouf. Director Michael Bay suggested his film should not be seriously questioned.

Have you seen the new "Star Trek" movie? Rate it here, give a prediction and leave a mini-review (Newsvine Poll)

The reviews by movie critics continue to range from very good to great: Best Trek Ever: Sky's the limit for new 'Star Trek' CTV.ca Star Trek's stellar return BBC New Star Trek film isn't just for Trekkies Houston Chronicle (This review was written by a 15 year old.)

The reviews are in for Star Trek and they look good, but will it be a hit? Will you see it? (Poll)

Just a look at a smattering of the headlines from reviews of "Star Trek," gives one the sense that things look good so far: 'Star Trek' prequel a warp-speed success Philadelphia Inquirer 'Star Trek' seeks out new life and succeeds Kansas City Star

G.I. Joe Movie - Coming Soon
Source: en.wikipedia.org

Snake-Eyes is the code name of a member of the G.I. Joe team. Much of his history and information, including his real name, place of birth, as well as most everything else about him, have remained classified throughout all depictions of his origin.

Harlan Ellison ANGRILY Sues Paramount Over His Old "Star Trek" Script
Source: fictioncircus.com

Harlan Ellison has launched a lawsuit against Paramount and the Writer's Guild West for residual rights to his famous, Hugo-award winning "Star Trek" teleplay entitled: "City on the Edge of Forever."...

Why does "yellowface" in Hollywood go on unabated?
Source: The San Francisco Chronicle

The casting of Avatar: The Last Airbender is drawing the attention that Breakfast at Tiffany's never did. The real question is whether or not the studios will respond. What makes it okay to create a mockery of Asians and not other races? I am curious to see how it turns out.

Hollywood East (Part I: The Players)
Source:

Studios in mass. mean more jobs. Sign me up.

The Dreaded Viacom Layoffs: 850 People
Source: Gawker

The long-feared Viacom pre-post holiday layoffs are here, and they're not pretty. We heard earlier that as many as 300 layoffs might be coming at MTV today, but the total, Viacom-wide numbers are even worse: 850 people are being cut, about 7% of the company's global staff.

Movie Studios Gang Up on Aussie ISP
Source: PC World

In case you didn't know, iiNet is being sued for not doing anything to stop its users from downloading stuff off the Internet.

Paramount, Marvel ink new distrib deal
Source: hollywoodreporter.com

The Melrose Avenue studio has signed an agreement with Marvel Studios that locks Paramount in as the worldwide distributor of Marvel's next five self-produced feature films.

Dell-Paramount deal puts Iron Man on PCs
Source: Reuters

PC manufacturer Dell and Paramount Pictures are opening a new front in digital distribution with an offering allowing consumers to order "Iron Man" preloaded into newly purchased computers.

Tommy Lee Jones sues Paramount
Source: The San Antonio Express-News

Prize-winning actor and director Tommy Lee Jones is suing the makers of "No Country for Old Men," the 2007 West Texas crime thriller that garnered four Academy awards, claiming they have failed to pay him more than $10 million he is owed according to his contract.

Paramount is Dominating the 2008 Box Office
Source: myouvies.com

Paramount Pictures has become the first studio to sell $1 billion worth of tickets in the domestic marketplace this year.

Who's Leaving NCIS?
Source: TV Show Recaps

There's another shake-up brewing over at NCIS, only this time it's happening on screen. CBS and Paramount declined comment, but sources confirm to me exclusively that a major castmember — a series regular — is on the way out.

This time it's for real: new Dune movie confirmed
Source: SFFmedia.com

Although there were doubts about whether Paramount would obtain the rights to Frank Herbert's science fiction classic Dune, it does look as if a big budget movie with Peter Berg directing is going ahead after all.

Berg to direct 'Dune' for Paramount: Misher producing adaptation of sci-fi novel
Source: Variety.com

Peter Berg is attached to direct a bigscreen adaptation of Frank Herbert's classic sci-fi novel "Dune" for Paramount Pictures. Kevin Misher, who spent the past year obtaining the book rights from the Herbert estate, will produce via his Par-based shingle.

Paramount 'Very, Very, Excited' About Games Space
Source: Joystiq

Paramount tells MCV that the studio would like to increase its presence in video games and even establish a publishing division.

Virtual Goods Get a Hollywood Makeover
Source: Sulake

LOS ANGELES, January 29, 2008 - Habbo, the largest online virtual world for teens, today with Paramount Pictures Digital Entertainment, announced a licensing agreement to create virtual goods based on titles including "The Spiderwick Chronicles," "Beowulf"* and "Mean  …

STAR TREK (2008)
Source: videodetective.com

New Star Trek movie trailer. The flick comes out Christmas, 2008

HD DVDs Fall Like Dominoes
Source: The New York Times

Nothing has been announced, but Variety is reporting that the last two major studios backing HD DVD — NBC Universal and Paramount — are opening the door for a switch to Blu-ray.

Paramount denies Report it will Drop HD-DVD, Adopt Blu-Ray
Source: Bloomberg.com

Viacom Inc.'s Paramount Pictures denied a newspaper report that the studio is poised to follow Time Warner Inc. in abandoning Toshiba Corp.'s HD DVD technology.

Paramount in HD DVD blow
Source: FT.com

Paramount is poised to drop its support of HD DVD after Warner Brothers' recent backing of Sony's Blu-ray technology, in a move that will sound the death knell of HD DVD and bring the home entertainment format war to a definitive end.

Rumor: Paramount set to jump ship, HD DVD all but dead
Source: CrunchGear

The Financial Times is reporting that Paramount has a purported clause in their contract that allows them to switch sides in the event Warner Bros. backs out of HD DVD.

Paramount to Abandon HD-DVD, Join Blu-Ray; Collapse Continues
Source: FT.com

Paramount is poised to drop its support of HD-DVD following Warner Brothers' recent backing of Sony's Blu-ray technology, in a move that could sound the death knell of HD-DVD and bring the home entertainment format war to a definitive end.

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