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Paramount in Talks with Fox and Sony for Home Entertainment Merger
Posted July 1, 2009 06:21 AM by Juan Calonge
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Paramount Pictures is seeking to merge its home entertainment division with a rival and is in advanced talks with Sony Pictures and 20th Century Fox, according to the Financial Times. It is unclear which of the two companies will strike a deal with Paramount. None of the companies made any comment.
The negotiations have focused on combining disc production, distribution and back-office functions. One proposal would involve Paramount having its discs manufactured at Sony DADC rather than at Technicolor as it does now. The merger would result in considerable savings for Paramount at a time where home video sales are slumping and the studios find it increasingly hard to finance their film production.
Outward operation - including marketing and sales – would remain separate.
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Source: Financial Times |
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Relevant for:
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nhaase
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Jul 01, 2009
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I can't access the article, does it mention anything about the transfer or retention of mastering of movies for HE? |
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BrahmaBull1969
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Jul 01, 2009
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Whatever it takes right?!?!???!!!!! Let's just continue to produce top notch quality stuff!!! |
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dmarvin
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Jul 01, 2009
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nhaase - The article doesn't discuss that aspect. It's not a very lengthy piece. |
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PowellPressburger
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Jul 01, 2009
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yeah I don't care where they get the discs made as long as the bit rates stay high, and the standards also. |
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tvine2000
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Jul 01, 2009
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lets see if paramount and fox get together you dts ma fans may get what you want with paramount. |
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Dr. Manhattan
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Jul 01, 2009
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I hope that Sony will merge with them. Hopefully they can do that and work a deal for Marvel to get Spider-Man back, you know because Marvel works with Paramount. |
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joaryche
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Jul 01, 2009
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star wars and indy under the same house....
star trek series and the new star trek movie under the same house...
i think the pick will be FOX |
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sardaukar1977
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Jul 01, 2009
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yep, the end of days is at hand, hahahah!! |
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Grifter02
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Jul 01, 2009
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Since Sony already handed off MGM's home video distribution to Fox, I don't see why they would pick up Paramount's home video. |
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Mobe1969
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Jul 01, 2009
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No! Leave Paramount region free! |
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nhaase
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Jul 01, 2009
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dmarvin, thanks for the info. |
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