Paramount to Launch Video Game Division

will be based on Paramount’s catalogue titles, both current and classic.

"We are entering into deals now where we will be publishing games this year," Sandi Isaacs, Paramount’s senior VP of interactive and mobile told Variety. "There's going to be a slate where in some cases we're publishing, in some cases we're co-publishing, or in others we're funding development and another publisher buys it. It's important for us to have a flexible model."

Paramount is reportedly mostly interested in developing for handheld and mobile platforms. It will continue licensing some of its properties to other developers.