Paramount is shifting it’s focus to franchise films & more control over it’s slate in hopes to generate profits. Investors were particularly pleased with the success of Star Trek although Paramount remains in the red with losses of $123 million in the first quarter of 2009 alone. “We weren’t in control of our release slate fully. We don’t want to be in a position where are our big motion pictures are offset by smaller less successful films”. Viacom CEO Philippe Duaman told Wall Streeters on Wednesday. Star Trek already has a sequel greenlit and other big upcoming releases were mentioned such as “Transformers: Revenge Of The Fallen”, “G.I. Joe: Rise Of The Cobra”, and mentioned a title from Dreamworks Animation which will start putting out 3 movies a year instead of 2 (Viacom distributes their animation films) It was also noted that costs have been cut by $50m a year. The company has had a strong showing in 2008 & 2009 and a distribution deal with Epix, a new channel created by Viacom is being sought after.

After quite a hiatus, the weekly satirical comic strip on the latest and greatest of this past week, The Negatives, has risen again. Gracing its way back onto Atomic Popcorn, the latest creation centers around Terminator: Salvation, the most recent Warner Bros film that has been catching quite some attention. You take a look at it yourself and see how it fares out.

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