With Paramount's ill-gotten acquisition of Warner Brothers, they will be acquiring a large backlog of early American animation. This includes the original Flesicher/Famous Studios Popeye theatrical shorts.
These shorts were sold off from Paramount to syndication in 1956. Then, thru a series of other mergers, they wound up in Warner Bros' possession by 1996.
What Paramount plans on doing with Popeye is yet to be known, though their track record with classic animation is not good. They still own theatrical shorts from the 1960s that they have yet to restore, and they own the Terrytoons that they hardly acknowledge anymore. (Historian Jerry Beck has had a tough time gaining permission to revive or restore them in any sort of way.)