The fandom doesn't want to talk about it, but the Avatar franchise is in trouble.
Paramount own’s the franchise?
Yep. The full chain is Paramount Global -> Paramount Media Networks -> Nickelodeon Group -> Nickelodeon Animation Studio -> Avatar Studios, and all of Nick's other animation (like Spongebob) is grouped under Nickelodeon Digital (under Nickelodeon Animation Studio)
The way I see it, Avatar Studios is prime material to cut.
I had no idea. Thanks!
Oh crap, thanks for sharing
Indeed. FYI the article acts like the Sony deal is dead too and the next step for Redstone is selling off her movie theater franchise.
Redstone will now likely pursue a sale of just National Amusements, without trying to merge Paramount, the Journal said, citing sources.
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