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Reuters: Paramount mulls control of MTV, Nick film units

Indiewire By Indiewire | Indiewire June 28, 2006 at 8:31AM

Film studio Paramount Pictures and parent Viacom Inc. are considering whether to consolidate sister companies MTV Films and Nickelodeon Movies under Paramount, a spokeswoman said on Tuesday. Combining the operations would help streamline film distribution and marketing, and more closely align the two divisions' management with the larger Paramount Pictures. Reuters reports.
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Film studio Paramount Pictures and parent Viacom Inc. are considering whether to consolidate sister companies MTV Films and Nickelodeon Movies under Paramount, a spokeswoman said on Tuesday. Combining the operations would help streamline film distribution and marketing, and more closely align the two divisions' management with the larger Paramount Pictures. Reuters reports.