Paramount eyes straight-to-video franchises

With studios setting up straight-to-video divisions wherever there’s space in the office, it was only a matter of time before Paramount got in on the act.

Paramount’s new division will develop and make sequels, prequels and remakes of popular titles from the likes of Paramount Pictures, Paramount Vantage, DreamWorks, Nickelodeon Movies and MTV Films.

Some of the initial names bandied about for the sequel treatment include actual classics, including Grease, Top Gun, Mission: Impossible, Beverly Hills Cop, Coming To America and even Forrest Gump.

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