This could go either way—a sad day or a happy day for Sonic the Hedgehog fans, depending on how they feel about a film adaptation from Sony Pictures. According to recent reports, Sony has allowed their film rights to the iconic videogame franchise expire, which means a film adaptation from Sony will no longer materialize. There is still hope for those who really want to see a Sonic film, regardless of which studio is at the helm, as Paramount Pictures has taken over the project and has retained key players.
Some of the people who have remained on board include Deadpool director Tim Miller as producer alongside Blur Studio’s Jeff Fowler and Neal H. Moritz of the Original Film. According to initial reports, the film will use hybrid live action and CGI, which could be a point of contention for many fans, if the mixed reaction towards 2006’s Sonic the Hedgehog game (which put Sonic in a realistic looking setting) is any indication.
Source: The Hollywood Reporter via Animation Magazine