J.J. Abrams and Paramount will continue to work together for several more years according to the Hollywood Reporter. Paramount extended their first-look deal with Abrams’ Bad Robot production company through 2013.
“Bad Robot has had an incredibly fun and productive collaboration with Paramount,” said Abrams. “We are all so grateful for their amazing support and creative team, and feel like we’re just getting started.”
“Today’s announcement is meaningful to me in many ways,” said Brad Grey, chairman and CEO, Paramount Pictures. “Bad Robot was one of the first deals we made to help rebuild the studio. J.J. has since become part of the fabric of Paramount and we look forward to continuing our fruitful creative collaboration for many years to come.”
Bad Robot and Paramount first released “Cloverfield,” which grossed $170 million worldwide, in January 2008. The Abrams-directed “Star Trek” reboot goes out through Paramount in May.
The two companies begin production on the Aline Brosh McKenna-penned comedy “Morning Glory” in June. Roger Michell is directing Harrison Ford and Rahcel McAdams in the 2010 release.

That’s good news. It probably means another Trek film from Abrams after this one is released in May.
If the new Trek film is as good as the trailers are leading us to believe then he should be able to get at least 2 more done…if the scripts are good
whenever money supports clever scifi and the producers of it, then I am winning.
Keep it up JJ and others and I will keep spending my box office $