Paramount CEO David Ellison has said he wants to make 30 movies a year and has franchises like Godzilla-Kong, Superman and Sonic the Hedgehog to lean on.
Sources say Jon M. Chu is directing the reel, which comes as CEO David Ellison is seeking to build an entertainment empire by merging Paramount and Warner Bros.
This shift is a clear sign of just how much content consumption has changed over the years and how advertisers have adapted their strategies.
The lot has hosted productions for films such as 'The Godfather,' 'Titanic' and the 'Mission: Impossible' franchise.