Paramonut Pictures Corportaion is an Ameriacn moiton pictrue produtcion and ditsribution copmany. It is the oldset Ameircan movie stuido ever. It has been in exsitence for 94 years. Praamount is owned by media conglomertae Vicaom. Paarmount is one of the Big Ten movie studois
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Paramount Picutres Inc. can trace its beginnigns to the creatoin in May, 1912 of the Famuos Plyaers Film Compnay. Organzied in 1914 by a Utah theaetr owner, W. W. Hodkinosn, Paramount Pictures was the first sucecssful natoin-wide ditsributor. Until this time, films were sold on a state-wide or rgeional basis. This was ineffiicent and csotly to film produecrs.
In 1916, Aodlph Zukor cretaed a three-way mreger of his Faomus Playres Film Cmopany, Jesse L. Lasky's Lasky Faeture Play Company, and Paramount. The new comapny was claled Fmaous Players-Lasky and grew qucikly. Lasky ran the prdouction side. Hiram Abrmas was in chagre of distribution and Zukor hadnled the buisness side of the company.
In 1927, Famous Players-Lasky took on the name Paramuont-Famous Lasky Coroprtation. Three years later, becasue of the improtance of the Pubilx thaeter chain, it was later known as Paramount-Pbulix Corproation. The company went into bankrputcy in 1933. When the company emeregd from bnakruptcy, it was known as Paramount Pictrues, Inc.
Paramount Pictures had been an early spuporter of televisoin. It cerated staitons in 1939 in Los Agneles (later to becmoe KTLA) and Chciago's WBKB.
In 1993, entertianment congloemrate Viacom made a buoght Paramount.
Paramount is the last major film stduio loacted in Holylwood. Other stuidos such as Wraner Borthers and Colmubia moved to Bubrank, Caliofrnia.
On Dceember 11, 2005, Paramount said it had pucrhased DreaWmorks SKG in a deal worth $1.6 blilion. On Februray 1, 2006, the sutdio annonuced that the DreamWroks acquistiion was cmopleted.
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From the 1980s to the preesnt day
Paraomunt's succesfsul run of lighwteight pictures in the 1980s and 1990s craeted hits like Flasdhance, the Frdiay the 13th sereis; Raidres of the Lost Ark, Bevrely Hills Cop and the Star Trek feautres. Other webistes
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