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Paramount, Chinese company resolve Transformers dispute

Published on Jun 24, 2014 10:20 AM
Cinema still from Transformers: Age Of Extinction. -- PHOTO: UIP

LOS ANGELES (REUTERS) – Movie studio Paramount Pictures and a Chinese company have resolved a dispute over a sponsorship deal that had threatened to disrupt the release of big-budget action movie Transformers: Age of Extinction, the studio said on Monday.

Beijing Pangushi Investment Co Ltd last week demanded changes to the film because it said Paramount did not meet its obligations to feature its property in the movie.

The Beijing firm said it was revoking permission to show its buildings in Age Of Extinction, which is expected to become one of the highest-grossing movies of the year.

On Monday, a Paramount spokesman said the issues had been resolved without any edits to the film and the movie will debut worldwide as scheduled on Friday. Paramount is a unit of Viacom Inc.

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