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Paramount considering home video partnership with Sony, Fox

In a bit of news that would have been considerably juicier back in the old format war days, Paramount is reportedly negotiating with Sony and Fox to take over parts of its home video business, specifically physical fulfillment to retail, billing and collections. Reported by Video Business and Financial Times, it seems like the studio is trying to save cash as the DVD market shrinks while Blu-ray and other distribution methods aren't yet picking up the slack. We're not sure if home viewers would notice any difference from such a deal, but with titles like Transformers: Revenge of the Fallen and Monsters vs. Aliens releasing later this year it's worth keeping an eye on, if only for the slim possibility of history repeating itself and Paramount promising exclusive China Blue HD format support in return for a huge bundle of incentives. Hey, it could happen....maybe.