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Paramount gets Chinese investors for 'Jack Reacher' sequel

ParamountPictures Corp. entered into a joint venture with 's Huahua Media and Shanghai Film Group to back theViacom Inc. unit'supcoming title "Jack Reacher: Never Go Back," Deadline reported Sept.30.

Aside from the investment, the Chinese companies will alsohelp Paramount market the sequel starring Tom Cruise, which is slated for releasein Chinese and U.S. theaters on Oct. 21. Financial details of the deal were notdisclosed.

The deal follows Paramount's partnerships with Huahua Mediafor "Star Trek Beyond" and "Transformers: Age ofExtinction."