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New Paramount Co-Owner … Fox?

21st Century Fox wants a piece of Trek studio, but Viacom says no

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After a century of competition, could two of Hollywood’s biggest film studios finally be ready to work together?

21st Century Fox, the parent corporation of the Twentieth Century Fox film studio, has said it wants to buy a piece of Paramount Pictures, a stake that could be valued upward of $6 billion. If such a deal were to happen, don’t expect to see the famous searchlight logo in front of “Star Trek: Beyond.”

Even at $6 billion, whoever buys into Paramount will get a minority stake, meaning Brad Grey and his team will continue to call the shots, as will Paramount’s parent company, Viacom.

READ THE FULL STORY on our sister site, 1701News.

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