Paramount is getting back into the business of books, nearly three years after previous ownership sold Simon & Schuster for more than $1.6 billion.
The David Ellison-led entertainment company says that it will launch Paramount Global Publishing this year, a new imprint that will both leverage Paramount’s library of characters, stories and intellectual property, and support the development of new original stories.
With franchise fatigue setting in across the industry, books have once again become a hot commodity for studios looking to adapt something with a built-in fanbase, but with original characters and stories. Books are also a part of world-building, helping to flesh out cinematic universes in interesting ways tht can eventually find their way back to the screen.
Paramount Global Publishing will live within the company’s products & experiences division, and will be led by head of global publishing Amy Jarashow, reporting to products &
...Keep reading this article on Hollywood Reporter.
