Abrams Deal Extended

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Paramount Pictures has extended its “first-look” deal with Star Trek‘s J.J. Abrams.

Abrams’ deal with Paramount began in 2006 and resulted in movies such as Mission: Impossible III, Mission Impossible – Ghost Protocol, Cloverfield, Star Trek XI, Morning Glory, Super 8 and the forthcoming Star Trek 2.

“J.J. is a unique talent and a captivating storyteller,” said Brad Grey, chairman and CEO of Paramount Pictures. “J.J., Bryan Burk and the whole Bad Robot team are an integral part of Paramount and we’re proud to continue our collaboration. Their pictures have extraordinary resonance around the world and we’re so pleased Paramount will be their home for years to come.”

Abrams projects have been profitable for Paramount Pictures. Star Trek XI grossed more than $385 million worldwide; Super 8 netted $260 million (on a $50 million budget) and Mission Impossible – Ghost Protocol has thus far brought in over $600 million since its debut in December of 2011.

Source: Reutersvia The Hollywood Reporter

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