For the past few years, Paramount enjoyed a mutually beneficial relationship with DreamWorks Animation, releasing tons of successful films like Rango, Kung Fu Panda, How To Train Your Dragon and more. Last summer, though, DreamWorks Animation announced they’d be parting ways with the studio, leaving Paramount without a strong animation presence. Paramount Animation was born.

Variety now reports Paramount has begun independently developing projects with filmmakers like J.J. Abrams (Mission: Impossible, Star Trek) and Mary Parent (Noah, Pacific Rim) as well as tapping their kids TV channel, Nickelodeon, for more feature ideas. Which means we might see films based on Dora the Explorer, The Legend of Korra or Monkey Quest. Read more after the jump, including the official announcements of The SpongeBob SquarePants Movie 2 and The New Kid. Read More »

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Way back in 2009, we reported on a couple of comic book adaptations in development: Lions, Tigers and Bears, about a boy whose stuffed animals come to life; and The Nye Incidents, based on a Devil’s Due comic about an alien abductee serial killer. Neither project got much farther than the early stages, however, and we eventually forgot about them altogether. (Or at least I did. Maybe you didn’t. I don’t know your life.)

Now, news comes that both projects are back on track again. Get updates on both, plus info on a potential Penny Arcade-inspired film, after the jump.

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