The Hollywood Reporter has recently reported that the Sonic the Hedgehog film will now be produced by Paramount Pictures. The live-action CGI hybrid film was originally going to be produced by Sony Entertainment, however the film has now changed studios. The main production team who was previously working on the project at Sony Entertainment will continue to work on their duties at Paramount Pictures.
Currently no other details are confirmed at this time so stay tuned for updates.
Source: The Hollywood Reporter