Pro7 extends deal with Paramount
Takes German rights to 'Star Trek,' 'Watchmen'COLOGNE, Germany -- Countering the recent news of cost cuts and debt problems, Pan-European broadcaster ProSiebenSat.1 has extended its output deal with Paramount Pictures.
The deal gives ProSieben exclusive free TV rights for German-speaking Europe to upcoming Paramount features including "Star Trek," "Transformers 2" and "Watchmen."
ProSieben also picked up several titles from Paramount's catalog, among them the "Mission: Impossible" and "Beverly Hills Cop" franchises.
ProSieben has been hit hard by an advertising downturn in its core German market. Operating profits plunged 17% in the third quarter, and debt has jumped to $4.8 billion.