Yeah, the whole thing. Variety has a few details, but it looks like Paramount will no longer be (mis)managing the license. Paramount has owned the property since 1967 when it's then-parent Gulf+Western acquired Desilu Productions.
No word on how (or if) this affects the 11th film being written and directed by J.J. Abrams.
It has bought "Terminator" spinoff "The Sarah Connor Chronicles" from Warner Bros. and the entire "Star Trek" franchise from CBS Paramount, some 624 hours.
Dunno why it would mention hours unless it meant rights...
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I think you are confused - I think Virgin bought the rights to show ALL of Star Trek on its network.
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From the article: "the entire 'Star Trek' franchise." It doesn't mention rights anywhere. I'll try and hunt down some serious details.
Slice of SciFi has an article that clarifies this up a little. It appears in purchasing the franchise, they also have acquired the rights to air it. (I think)...
I think you'll find that they didn't buy the franchise, they just bought the rights to show it all. That'll irritate Sky a LOT, but it doesn't get Paramount out of the way.
"In a deal with CBS Paramount International Television, Virgin 1 has also acquired a total of 624 hours of sci-fi programming from the Star Trek franchise, with the initial programming lineup to include everything from Star Trek: The Next Generation all the way through to Star Trek: Enterprise."
