Paramount, Sony, 20th Century Fox in Preliminary Talks to Combine Home Video Operations LATimes

With DVD sales weakening, Paramount Pictures initiated preliminary discussions about combining some of its home video operations with those of Sony Pictures and 20th Century Fox, the Los Angeles Times says.

The talks center on combing production, packaging, distribution and administrative functions in a bid to save costs. Paramount would retain control of its marketing and promotion.

--Elizabeth Jensen