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Paramount Pictures Corporation is an American film and television production and
distribution Distribution may refer to: Mathematics * Distribution (mathematics), generalized functions used to formulate solutions of partial differential equations *Probability distribution, the probability of a particular value or value range of a vari ...
company and the main namesake division of
Paramount Global Paramount Global ( doing business as Paramount) is an American multinational mass media and entertainment conglomerate owned and operated by National Amusements (79.4%) and headquartered at One Astor Plaza in Midtown Manhattan, New York. ...
(formerly ViacomCBS). It is the fifth-oldest
film studio A film studio (also known as movie studio or simply studio) is a major entertainment company or motion picture company that has its own privately owned studio facility or facilities that are used to make films, which is handled by the productio ...
in the world, the second-oldest film studio in the United States (behind
Universal Pictures Universal Pictures (legally Universal City Studios LLC, also known as Universal Studios, or simply Universal; common metonym: Uni, and formerly named Universal Film Manufacturing Company and Universal-International Pictures Inc.) is an Americ ...
), and the sole member of the "Big Five" film studios located within the city limits of
Los Angeles Los Angeles ( ; es, Los Ángeles, link=no , ), often referred to by its initials L.A., is the largest city in the state of California and the second most populous city in the United States after New York City, as well as one of the world ...
. In 1916, film producer
Adolph Zukor Adolph Zukor (; hu, Zukor Adolf; January 7, 1873 – June 10, 1976) was a Hungarian-American film producer best known as one of the three founders of Paramount Pictures.Obituary '' Variety'' (June 16, 1976), p. 76. He produced one of America' ...
put 24 actors and actresses under contract and honored each with a star on the logo. In 1967, the number of stars was reduced to 22 and their hidden meaning was dropped. In 2014, Paramount Pictures became the first major Hollywood studio to distribute all of its films in digital form only. The company's headquarters and studios are located at 5555 Melrose Avenue, Hollywood, California. Paramount Pictures is a member of the
Motion Picture Association The Motion Picture Association (MPA) is an American trade association representing the five major film studios of the United States, as well as the video streaming service Netflix. Founded in 1922 as the Motion Picture Producers and Distribu ...
(MPA).


History


Famous Players Film Company

Paramount is the fifth oldest surviving film studio in the world; after the
French French (french: français(e), link=no) may refer to: * Something of, from, or related to France ** French language, which originated in France, and its various dialects and accents ** French people, a nation and ethnic group identified with Franc ...
studios
Gaumont Film Company The Gaumont Film Company (, ), often shortened to Gaumont, is a French film studio headquartered in Neuilly-sur-Seine, France. Founded by the engineer-turned-inventor Léon Gaumont (1864–1946) in 1895, it is the oldest extant film company in ...
(1895) and
Pathé Pathé or Pathé Frères (, styled as PATHÉ!) is the name of various French businesses that were founded and originally run by the Pathé Brothers of France starting in 1896. In the early 1900s, Pathé became the world's largest film equipment ...
(1896), Titanus (1904), followed by the Nordisk Film company (1906), and
Universal Studios Universal Pictures (legally Universal City Studios LLC, also known as Universal Studios, or simply Universal; common metonym: Uni, and formerly named Universal Film Manufacturing Company and Universal-International Pictures Inc.) is an Americ ...
(1912). It is the last
major film studio Major film studios are production and distribution companies that release a substantial number of films annually and consistently command a significant share of box office revenue in a given market. In the American and international markets, th ...
still headquartered in the
Hollywood Hollywood usually refers to: * Hollywood, Los Angeles, a neighborhood in California * Hollywood, a metonym for the cinema of the United States Hollywood may also refer to: Places United States * Hollywood District (disambiguation) * Hollywoo ...
district of
Los Angeles Los Angeles ( ; es, Los Ángeles, link=no , ), often referred to by its initials L.A., is the largest city in the state of California and the second most populous city in the United States after New York City, as well as one of the world ...
. Paramount Pictures dates its existence from the 1912 founding date of the Famous Players Film Company. Hungarian-born founder
Adolph Zukor Adolph Zukor (; hu, Zukor Adolf; January 7, 1873 – June 10, 1976) was a Hungarian-American film producer best known as one of the three founders of Paramount Pictures.Obituary '' Variety'' (June 16, 1976), p. 76. He produced one of America' ...
, who had been an early investor in nickelodeons, saw that movies appealed mainly to working-class immigrants. With partners
Daniel Frohman Daniel Frohman (August 22, 1851 – December 26, 1940) was an American theatrical producer and manager, and an early film producer. Biography Frohman was born to a Jewish family in Sandusky, Ohio. His parents were Henry (1826–1899) and Ba ...
and
Charles Frohman Charles Frohman (July 15, 1856 – May 7, 1915) was an American theater manager and producer, who discovered and promoted many stars of the American stage. Notably, he produced '' Peter Pan'', both in London and the US, the latter productio ...
he planned to offer feature-length films that would appeal to the middle class by featuring the leading theatrical players of the time (leading to the slogan "Famous Players in Famous Plays"). By mid-1913, Famous Players had completed five films, and Zukor was on his way to success. Its first film was ''
Les Amours de la reine Élisabeth ''Les Amours de la reine Élisabeth'' (''The Loves of Queen Elizabeth''), ''Les Amours d'Élisabeth, Reine d'Angleterre'' (''The Loves of Elizabeth, Queen of England'') or ''La reine Élisabeth'' (''Queen Elizabeth'') is a 1912 feature 4-reel F ...
'', which starred
Sarah Bernhardt Sarah Bernhardt (; born Henriette-Rosine Bernard; 22 or 23 October 1844 – 26 March 1923) was a French stage actress who starred in some of the most popular French plays of the late 19th and early 20th centuries, including ''La Dame Aux Cameli ...
. That same year, another aspiring producer, Jesse L. Lasky, opened his Lasky Feature Play Company with money borrowed from his brother-in-law, Samuel Goldfish, later known as
Samuel Goldwyn Samuel Goldwyn (born Szmuel Gelbfisz; yi, שמואל געלבפֿיש; August 27, 1882 (claimed) January 31, 1974), also known as Samuel Goldfish, was a Polish-born American film producer. He was best known for being the founding contributor an ...
. The Lasky company hired as their first employee a stage director with virtually no film experience, Cecil B. DeMille, who would find a suitable site in Hollywood. This place was a rented old horse barn converted into a production facility with an enlarged open-air stage located between Vine Street, Selma Avenue, Argyle Avenue and
Sunset Boulevard Sunset Boulevard is a boulevard in the central and western part of Los Angeles, California, that stretches from the Pacific Coast Highway in Pacific Palisades east to Figueroa Street in Downtown Los Angeles. It is a major thoroughfare in ...
. It was later known as the Lasky-DeMille Barn. In 1914, their first feature film, '' The Squaw Man'' was released. On May 8, 1914, Paramount Pictures Corporation (previously known as Progressive Pictures) was founded by a Utah theatre owner, W. W. Hodkinson, who had bought and merged five smaller firms. On May 15, 1914, Hodkinson signed a five-year contract with the Famous Players Film Company, the Lasky Company and Bosworth, Inc. to distribute their films. Actor, director and producer
Hobart Bosworth Hobart Van Zandt Bosworth (August 11, 1867 – December 30, 1943) was an American film actor, director, writer, and producer. Early life Bosworth was born on August 11, 1867, in Marietta, Ohio. His father was a sea captain in the Civil W ...
had started production of a series of
Jack London John Griffith Chaney (January 12, 1876 – November 22, 1916), better known as Jack London, was an American novelist, journalist and activist. A pioneer of commercial fiction and American magazines, he was one of the first American authors to ...
movies. Paramount was the first successful nationwide distributor; until this time, films were sold on a statewide or regional basis which had proved costly to film producers. Also, Famous Players and Lasky were privately owned while Paramount was a corporation.


Famous Players-Lasky

In 1916, Zukor engineered a three-way merger of his Famous Players, the Lasky Company, and Paramount. Zukor and Lasky bought Hodkinson out of Paramount, and merged the three companies into one. The new company Lasky and Zukor founded on June 28,
Famous Players-Lasky Famous Players-Lasky Corporation was an American motion picture and distribution company formed on June 28, 1916, from the merger of Adolph Zukor's Famous Players Film Company—originally formed by Zukor as Famous Players in Famous Plays—and ...
Corporation, although it continued to use the name "Paramount" as well. As a result, it became he largest film company at the time with a value of $12.5 million. The corporation was able to grow quickly, with Lasky and his partners Goldwyn and DeMille running the production side, Hiram Abrams in charge of distribution, and Zukor making great plans. With only the exhibitor-owned First National as a rival, Famous Players-Lasky and its "Paramount Pictures" soon dominated the business. The fusion was finalized on November 7, 1916. Because Zukor believed in stars, he signed and developed many of the leading early stars, including
Mary Pickford Gladys Marie Smith (April 8, 1892 – May 29, 1979), known professionally as Mary Pickford, was a Canadian-American stage and screen actress and producer with a career that spanned five decades. A pioneer in the US film industry, she co-founde ...
,
Marguerite Clark Helen Marguerite Clark (February 22, 1883 – September 25, 1940) was an American stage and silent film actress. As a movie actress, at one time, Clark was second only to Mary Pickford in popularity. All but five of her films are considere ...
,
Pauline Frederick Pauline Frederick (born Pauline Beatrice Libbey, August 12, 1883 – September 19, 1938) was an American stage and film actress. Early life Frederick was born Pauline Beatrice Libbey (later changed to Libby) in Boston in 1883 (some sources stat ...
,
Douglas Fairbanks Douglas Elton Fairbanks Sr. (born Douglas Elton Thomas Ullman; May 23, 1883 – December 12, 1939) was an American actor, screenwriter, director, and producer. He was best known for his swashbuckling roles in silent films including '' The Thi ...
,
Gloria Swanson Gloria May Josephine Swanson (March 27, 1899April 4, 1983) was an American actress and producer. She first achieved fame acting in dozens of silent films in the 1920s and was nominated three times for the Academy Award for Best Actress, most f ...
,
Rudolph Valentino Rodolfo Pietro Filiberto Raffaello Guglielmi di Valentina d'Antonguolla (May 6, 1895 – August 23, 1926), known professionally as Rudolph Valentino and nicknamed The Latin Lover, was an Italian actor based in the United States who starred ...
, and
Wallace Reid William Wallace Halleck Reid (April 15, 1891 – January 18, 1923) was an American actor in silent film, referred to as "the screen's most perfect lover". He also had a brief career as a racing driver. Early life Reid was born in St. Louis, M ...
. With so many important players, Paramount was able to introduce " block booking", which meant that an exhibitor who wanted a particular star's films had to buy a year's worth of other Paramount productions. It was this system that gave Paramount a leading position in the 1920s and 1930s, but which led the government to pursue it on
antitrust Competition law is the field of law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies. Competition law is implemented through public and private enforcement. It is also known as antitrust ...
grounds for more than twenty years. By the mid-1920s, the old Lasky-DeMille barn property was not big enough to handle all of the studios' West Coast productions. On January 5, 1926, Lasky reached an agreement to buy the Robert Brunton Studios, a 26-acre facility owned by United Pictures and located at 5451 Marathon Street, for US$1 million. On March 29, the company began an eight-month building program to renovate the existing facilities and erect new ones. On May 8, Lasky finally moved operations from the Sunset and Vine lot to the new building. At present, those facilities are still part of the Paramount Pictures headquarters. Zukor hired independent producer B. P. Schulberg, an unerring eye for new talent, to run the new West Coast operations. On April 1, 1927, the company name was changed to Paramount Famous Lasky Corporation. In September 1927, the Paramount Famous Lasky Corporation studio in Astoria (New York City) was temporarily closed with the objective of equipping it with the technology for the production of
sound film A sound film is a motion picture with synchronization, synchronized sound, or sound technologically coupled to image, as opposed to a silent film. The first known public exhibition of projected sound films took place in Paris in 1900, but decad ...
s. In the same year, Paramount began releasing '' Inkwell Imps'', animated cartoons produced by Max and
Dave Fleischer Dave Fleischer (; July 14, 1894 – June 25, 1979) was an American film director and producer, best known as a co-owner of Fleischer Studios with his older brother Max Fleischer. He was a native of New York City. Biography Fleischer was the ...
's
Fleischer Studios Fleischer Studios () is an American animation studio founded in 1929 by brothers Max and Dave Fleischer, who ran the pioneering company from its inception until its acquisition by Paramount Pictures, the parent company and the distributor of ...
in New York City. The Fleischers, veterans in the animation industry, were among the few animation producers capable of challenging the prominence of
Walt Disney Walter Elias Disney (; December 5, 1901December 15, 1966) was an American animator, film producer and entrepreneur. A pioneer of the American animation industry, he introduced several developments in the production of cartoons. As a film p ...
. The Paramount newsreel series
Paramount News Paramount News is the name on the newsreels produced by Paramount Pictures from 1927 to 1957. History The Paramount newsreel operation began in 1927 with Emanuel Cohen as an editor. It typically distributed two issues per week to theaters across ...
ran from 1927 to 1957. Paramount was also one of the first Hollywood studios to release what were known at that time as "talkies", and in 1929, released their first musical, ''
Innocents of Paris ''Innocents of Paris'' is a 1929 black and white American musical film. Directed by Richard Wallace and is based on the play ''Flea Market'', the film was the first musical production by Paramount Pictures. Although the screenplay was regarded ...
''. Richard A. Whiting and
Leo Robin Leo Robin (April 6, 1900 – December 29, 1984) was an American composer, lyricist and songwriter. He is probably best known for collaborating with Ralph Rainger on the 1938 Academy Award for Best Original Song, Oscar-winning song "Thanks for t ...
composed the score for the film;
Maurice Chevalier Maurice Auguste Chevalier (; 12 September 1888 – 1 January 1972) was a French singer, actor and entertainer. He is perhaps best known for his signature songs, including " Livin' In The Sunlight", " Valentine", " Louise", " Mimi", and " Thank H ...
starred and sang the most famous song from the film, " Louise".


Publix, Balaban and Katz, Loew's competition and wonder theaters

The driving force behind Paramount's rise was Zukor. He built a chain of nearly 2,000 screens, ran two production studios (in
Astoria, New York Astoria is a neighborhood in the western portion of the New York City borough of Queens. Astoria is bounded by the East River and is adjacent to three other Queens neighborhoods: Long Island City to the southwest, Sunnyside to the southeast, ...
, now the
Kaufman Astoria Studios The Kaufman Astoria Studios is a film studio located in the Astoria section of the New York City borough of Queens. The studio was constructed for Famous Players-Lasky in 1920, since it was close to Manhattan's Broadway theater district. The p ...
, and
Hollywood, California Hollywood is a neighborhood in the central region of Los Angeles, California. Its name has come to be a shorthand reference for the U.S. film industry and the people associated with it. Many notable film studios, such as Columbia Picture ...
), and became an early investor in radio, acquiring for the corporation a 50% interest in the new
Columbia Broadcasting System CBS Broadcasting Inc., commonly shortened to CBS, the abbreviation of its former legal name Columbia Broadcasting System, is an American commercial broadcast television and radio network serving as the flagship property of the CBS Entertainme ...
in 1928 (selling it within a few years; this would not be the last time Paramount and CBS crossed paths). By acquiring the successful
Balaban & Katz Balaban and Katz Theater Corporation, or B&K, was a theatre corporation which owned a chain of motion picture theaters in Chicago and surrounding areas. It was founded by Barney Balaban (later long-time President of Paramount Pictures), his six ...
chain in 1926, Zukor gained the services of
Barney Balaban Barney Balaban (June 8, 1887 – March 7, 1971) was an American film executive who was the president of Paramount Pictures from 1936 to 1964 and an innovator in the cinema industry. Life and career Barney Balaban (formerly Birnbaum) was the el ...
(who would eventually become Paramount's president in 1936), his brother A. J. Balaban (who would eventually supervise all stage production nationwide and produce talkie shorts), and their partner Sam Katz (who would run the Paramount-Publix theatre chain in New York City from the thirty-five-story Paramount Theatre Building on
Times Square Times Square is a major commercial intersection, tourist destination, entertainment hub, and neighborhood in Midtown Manhattan, New York City. It is formed by the junction of Broadway, Seventh Avenue, and 42nd Street. Together with adjacent ...
). Balaban and Katz had developed the Wonder Theater concept, first publicized around 1918 in Chicago. The Chicago Theater was created as a very ornate theater and advertised as a "wonder theater". When Publix acquired Balaban, they embarked on a project to expand the wonder theaters, and starting building in New York City in 1927. While Balaban and Public were dominant in Chicago, Loew's was the big player in New York City, and did not want the Publix theaters to overshadow theirs. The two companies brokered a non-competition deal for New York City and Chicago, and Loew's took over the New York City area projects, developing five wonder theaters. Publix continued Balaban's wonder theater development in its home area. On April 24, 1930, Paramount-Famous Lasky Corporation became the Paramount Publix Corporation.


1920s and 1931–40: Receivership and reorganization

Eventually, Zukor shed most of his early partners; the Frohman brothers, Hodkinson and Goldwyn were out by 1917 while Lasky hung on until 1932, when, blamed for the near-collapse of Paramount in the
Great Depression The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagio ...
years, he too was tossed out. In 1931, to solve the financial problems of the company Zukor hired taxi/rental car magnate
John D. Hertz John Daniel Hertz, Sr. (April 10, 1879October 8, 1961) was an American businessman, thoroughbred racehorse owner and breeder, and philanthropist. Biography Born Sándor Herz to a Jewish family in Szklabinya, Austria-Hungary (today Sklabiňa, a ...
as chairman of the finance committee in order to assist vice-president and
treasurer A treasurer is the person responsible for running the treasury of an organization. The significant core functions of a corporate treasurer include cash and liquidity management, risk management, and corporate finance. Government The treasury ...
Ralph A. Kohn. However, on January 6, 1933, Hertz resigned from his position when it become evident that his measures to lift the company had failed. The over-expansion and use of overvalued Paramount stock for purchases created a $21 million debt which led the company into receivership on January 26, 1933 and later filing bankruptcy on March 14, 1933. On April 17, 1933, bankruptcy trustees were appointed and Zukor lost control of the company. The company remained under the control of trustees for more than a year in order to restructure the debt and pursue a reorganization plan. On December 3, 1934, the reorganization plan was formally proposed. After prolonged hearings in court, final confirmation was obtained on April 25, 1935, when Federal Judge Alfred C. Coxe Jr. approved the reorganization of the Paramount-Publix Corporation under Section 77-B of the Bankruptcy Act. On June 4, 1935 John E. Otterson became president of the re-emerged and newly renamed Paramount Pictures Inc. Zukor returned to the company and was named production chief but after Barney Balaban was appointed president on July 2, 1936, he was soon replaced by
Y. Frank Freeman Young Frank Freeman (14 December 1890 – 5 February 1969) was studio head at Paramount Pictures from 1938 to 1959. Freeman was born in Greenville, Georgia, and graduated from the Georgia Institute of Technology in 1910. In addition to his wo ...
and symbolically named chairman of the board. On August 28, 1935, Paramount Pictures was re-listed on the
New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its liste ...
and after the company was under Balaban's leadership, the studio was successfully relauched. As always, Paramount films continued to emphasize stars; in the 1920s there were
Gloria Swanson Gloria May Josephine Swanson (March 27, 1899April 4, 1983) was an American actress and producer. She first achieved fame acting in dozens of silent films in the 1920s and was nominated three times for the Academy Award for Best Actress, most f ...
,
Wallace Reid William Wallace Halleck Reid (April 15, 1891 – January 18, 1923) was an American actor in silent film, referred to as "the screen's most perfect lover". He also had a brief career as a racing driver. Early life Reid was born in St. Louis, M ...
,
Rudolph Valentino Rodolfo Pietro Filiberto Raffaello Guglielmi di Valentina d'Antonguolla (May 6, 1895 – August 23, 1926), known professionally as Rudolph Valentino and nicknamed The Latin Lover, was an Italian actor based in the United States who starred ...
, Florence Vidor,
Thomas Meighan Thomas Meighan (April 9, 1879 – July 8, 1936) was an American actor of silent films and early talkies. He played several leading-man roles opposite popular actresses of the day, including Mary Pickford and Gloria Swanson. At one point he comm ...
,
Pola Negri Pola Negri (; born Apolonia Chalupec ; 3 January 1897 – 1 August 1987) was a Polish stage and film actress and singer. She achieved worldwide fame during the silent and golden eras of Hollywood and European film for her tragedienne and femm ...
,
Bebe Daniels Phyllis Virginia "Bebe" Daniels (January 14, 1901 – March 16, 1971) was an American actress, singer, dancer, writer, and producer. She began her career in Hollywood during the silent film era as a child actress, became a star in musicals such ...
, Antonio Moreno,
Richard Dix Richard is a male given name. It originates, via Old French, from Old Frankish and is a compound of the words descending from Proto-Germanic ''*rīk-'' 'ruler, leader, king' and ''*hardu-'' 'strong, brave, hardy', and it therefore means 'stron ...
, Esther Ralston,
Emil Jannings Emil Jannings (born Theodor Friedrich Emil Janenz, 23 July 1884 – 2 January 1950) was a Swiss born German actor, popular in the 1920s in Hollywood. He was the first recipient of the Academy Award for Best Actor for his roles in '' The La ...
,
George Bancroft George Bancroft (October 3, 1800 – January 17, 1891) was an American historian, statesman and Democratic politician who was prominent in promoting secondary education both in his home state of Massachusetts and at the national and internati ...
,
Betty Compson Betty Compson (born Eleanor Luicime Compson; March 19, 1897 – April 18, 1974) was an American actress and film producer who got her start during Hollywood's silent era. She is best known for her performances in '' The Docks of New York'' an ...
,
Clara Bow Clara Gordon Bow (; July 29, 1905 – September 27, 1965) was an American actress who rose to stardom during the silent film era of the 1920s and successfully made the transition to " talkies" in 1929. Her appearance as a plucky shopgirl in the ...
, Adolphe Menjou, and
Charles Buddy Rogers Charles is a masculine given name predominantly found in English and French speaking countries. It is from the French form ''Charles'' of the Proto-Germanic name (in runic alphabet) or ''*karilaz'' (in Latin alphabet), whose meaning was " ...
. By the late 1920s and the early 1930s, talkies brought in a range of powerful draws:
Richard Arlen Richard Arlen (born Sylvanus Richard Mattimore, September 1, 1899 – March 28, 1976) was an American actor of film and television. Biography Born in St. Paul, Minnesota, Arlen attended the University of Pennsylvania. He served in Canada as a ...
, Nancy Carroll,
Maurice Chevalier Maurice Auguste Chevalier (; 12 September 1888 – 1 January 1972) was a French singer, actor and entertainer. He is perhaps best known for his signature songs, including " Livin' In The Sunlight", " Valentine", " Louise", " Mimi", and " Thank H ...
,
Gary Cooper Gary Cooper (born Frank James Cooper; May 7, 1901May 13, 1961) was an American actor known for his strong, quiet screen persona and understated acting style. He won the Academy Award for Best Actor twice and had a further three nominations, a ...
,
Marlene Dietrich Marie Magdalene "Marlene" DietrichBorn as Maria Magdalena, not Marie Magdalene, according to Dietrich's biography by her daughter, Maria Riva ; however Dietrich's biography by Charlotte Chandler cites "Marie Magdalene" as her birth name . (, ; ...
, Charles Ruggles, Ruth Chatterton, William Powell,
Mae West Mae West (born Mary Jane West; August 17, 1893 – November 22, 1980) was an American stage and film actress, playwright, screenwriter, singer, and sex symbol whose entertainment career spanned over seven decades. She was known for her breezy ...
, Sylvia Sidney,
Bing Crosby Harry Lillis "Bing" Crosby Jr. (May 3, 1903 – October 14, 1977) was an American singer, musician and actor. The first multimedia star, he was one of the most popular and influential musical artists of the 20th century worldwide. He was a ...
,
Claudette Colbert Claudette Colbert ( ; born Émilie Claudette Chauchoin; September 13, 1903July 30, 1996) was an American actress. Colbert began her career in Broadway productions during the late 1920s and progressed to films with the advent of talking pictures ...
, the
Marx Brothers The Marx Brothers were an American family comedy act that was successful in vaudeville, on Broadway, and in motion pictures from 1905 to 1949. Five of the Marx Brothers' thirteen feature films were selected by the American Film Institute (AFI) ...
,
W.C. Fields WC or wc may refer to: * Water closet or flush toilet Arts and entertainment * ''W.C.'' (film), an Irish feature film * WC (band), a Polish punk rock band * WC (rapper), a rapper from Los Angeles, California * Westside Connection, former h ...
,
Fredric March Fredric March (born Ernest Frederick McIntyre Bickel; August 31, 1897 – April 14, 1975) was an American actor, regarded as one of Hollywood's most celebrated, versatile stars of the 1930s and 1940s.Obituary '' Variety'', April 16, 1975, ...
,
Jack Oakie Jack Oakie (born Lewis Delaney Offield; November 12, 1903 – January 23, 1978) was an American actor, starring mostly in films, but also working on stage, radio and television. He portrayed Napaloni in Chaplin's ''The Great Dictator'' (194 ...
,
Jeanette MacDonald Jeanette Anna MacDonald (June 18, 1903 – January 14, 1965) was an American singer and actress best remembered for her musical films of the 1930s with Maurice Chevalier (''The Love Parade'', '' Love Me Tonight'', ''The Merry Widow'' and '' On ...
(whose first two films were shot at Paramount's
Astoria, New York Astoria is a neighborhood in the western portion of the New York City borough of Queens. Astoria is bounded by the East River and is adjacent to three other Queens neighborhoods: Long Island City to the southwest, Sunnyside to the southeast, ...
, studio),
Carole Lombard Carole Lombard (born Jane Alice Peters; October 6, 1908 – January 16, 1942) was an American actress, particularly noted for her energetic, often off-beat roles in screwball comedies. In 1999, the American Film Institute ranked Lombard 2 ...
,
George Raft George Raft (born George Ranft; September 26, 1901 – November 24, 1980) was an American film actor and dancer identified with portrayals of gangsters in crime melodramas of the 1930s and 1940s. A stylish leading man in dozens of movies, Raft is ...
, Miriam Hopkins,
Cary Grant Cary Grant (born Archibald Alec Leach; January 18, 1904November 29, 1986) was an English-American actor. He was known for his Mid-Atlantic accent, debonair demeanor, light-hearted approach to acting, and sense of comic timing. He was one of ...
and
Stuart Erwin Stuart Erwin (February 14, 1903 – December 21, 1967) was an American actor of stage, film, and television. Early years Erwin was born in Squaw Valley, Fresno County, California. He attended Porterville High School and the University o ...
, among them. In this period Paramount can truly be described as a movie factory, turning out sixty to seventy pictures a year. Such were the benefits of having a huge theater chain to fill, and of block booking to persuade other chains to go along. In 1933,
Mae West Mae West (born Mary Jane West; August 17, 1893 – November 22, 1980) was an American stage and film actress, playwright, screenwriter, singer, and sex symbol whose entertainment career spanned over seven decades. She was known for her breezy ...
would also add greatly to Paramount's success with her suggestive movies '' She Done Him Wrong'' and ''
I'm No Angel ''I'm No Angel'' is a 1933 pre-Code film directed by Wesley Ruggles, and starring Mae West and Cary Grant. West received sole story and screenplay credit. It is one of her films that was not subjected to heavy censorship. Plot Tira (Mae West ...
''. However, the sex appeal West gave in these movies would also lead to the enforcement of the
Production Code The Motion Picture Production Code was a set of industry guidelines for the self-censorship of content that was applied to most motion pictures released by major studios in the United States from 1934 to 1968. It is also popularly known as the ...
, as the newly formed organization the
Catholic Legion of Decency The National Legion of Decency, also known as the Catholic Legion of Decency, was a Catholic group founded in 1934 by Archbishop of Cincinnati, John T. McNicholas, as an organization dedicated to identifying objectionable content in motion pictu ...
threatened a boycott if it was not enforced. Paramount cartoons produced by Fleischer Studios continued to be successful, with characters such as
Betty Boop Betty Boop is an animated cartoon character created by Max Fleischer, with help from animators including Grim Natwick.Pointer (2017) She originally appeared in the ''Talkartoon'' and ''Betty Boop'' film series, which were produced by Fleisc ...
and
Popeye the Sailor Popeye the Sailor Man is a fictional cartoon character created by Elzie Crisler Segar.Screen Songs ''Screen Songs'', formerly known as KoKo Song Car-Tunes, are a series of animated cartoons produced at the Fleischer Studios and distributed by Paramount Pictures between 1929 and 1938. Paramount brought back the sing-along cartoons in 1945, now ...
'', featured live-action music stars under contract to Paramount hosting sing-alongs of popular songs. The animation studio would rebound with
Popeye Popeye the Sailor Man is a fictional cartoon character created by Elzie Crisler Segar.Mickey Mouse Mickey Mouse is an animated cartoon Character (arts), character co-created in 1928 by Walt Disney and Ub Iwerks. The longtime mascot of The Walt Disney Company, Mickey is an Anthropomorphism, anthropomorphic mouse who typically wears red sho ...
. After an unsuccessful expansion into feature films, as well as the fact that Max and Dave Fleischer were no longer speaking to one another, Fleischer Studios was acquired by Paramount, which renamed the operation
Famous Studios Famous Studios (renamed Paramount Cartoon Studios in 1956) was the first animation division of the film studio Paramount Pictures from 1942 to 1967. Famous was founded as a successor company to Fleischer Studios, after Paramount seized control ...
. That incarnation of the animation studio continued cartoon production until 1967, but has been historically dismissed as having largely failed to maintain the artistic acclaim the Fleischer brothers achieved under their management.


1941–50: ''United States v. Paramount Pictures, Inc.''

In 1940, Paramount agreed to a government-instituted consent decree: block booking and "pre-selling" (the practice of collecting up-front money for films not yet in production) would end. Immediately, Paramount cut back on production, from 71 films to a more modest 19 annually in the war years. Still, with more new stars like
Bob Hope Leslie Townes "Bob" Hope (May 29, 1903 – July 27, 2003) was a British-American comedian, vaudevillian, actor, singer and dancer. With a career that spanned nearly 80 years, Hope appeared in more than 70 short and feature films, with ...
,
Alan Ladd Alan Walbridge Ladd (September 3, 1913 – January 29, 1964) was an American actor and film producer. Ladd found success in film in the 1940s and early 1950s, particularly in films noir and Westerns. He was often paired with Veronica Lake ...
,
Veronica Lake Constance Frances Marie Ockelman (November 14, 1922 – July 7, 1973), known professionally as Veronica Lake, was an American film, stage, and television actress. Lake was best known for her femme fatale roles in film noirs with Alan Ladd ...
,
Paulette Goddard Paulette Goddard (born Marion Levy; June 3, 1910 – April 23, 1990) was an American actress notable for her film career in the Golden Age of Hollywood. Born in Manhattan and raised in Kansas City, Missouri, Goddard initially began her career ...
, and Betty Hutton, and with war-time attendance at astronomical numbers, Paramount and the other integrated studio-theatre combines made more money than ever. At this, the
Federal Trade Commission The Federal Trade Commission (FTC) is an independent agency of the United States government whose principal mission is the enforcement of civil (non-criminal) antitrust law and the promotion of consumer protection. The FTC shares jurisdiction o ...
and the
Justice Department A justice ministry, ministry of justice, or department of justice is a ministry or other government agency in charge of the administration of justice. The ministry or department is often headed by a minister of justice (minister for justice in a ...
decided to reopen their case against the five integrated studios. Paramount also had a monopoly over
Detroit Detroit ( , ; , ) is the largest city in the U.S. state of Michigan. It is also the largest U.S. city on the United States–Canada border, and the seat of government of Wayne County. The City of Detroit had a population of 639,111 at t ...
movie theaters through subsidiary company United Detroit Theaters. This led to the
Supreme Court A supreme court is the highest court within the hierarchy of courts in most legal jurisdictions. Other descriptions for such courts include court of last resort, apex court, and high (or final) court of appeal. Broadly speaking, the decisions of ...
decision '' United States v. Paramount Pictures, Inc.'' (1948) holding that movie studios could not also own movie theater chains. This decision broke up Adolph Zukor's creation, with the theater chain being split into a new company, United Paramount Theaters, and effectively brought an end to the classic Hollywood
studio system A studio system is a method of filmmaking wherein the production and distribution of films is dominated by a small number of large movie studios. It is most often used in reference to Hollywood motion picture studios during the Golden Age of Hol ...
.


1951–66: Split and after

With the separation of production and exhibition forced by the U.S. Supreme Court, Paramount Pictures Inc. was split in two. Paramount Pictures Corporation was formed to be the production distribution company, with the 1,500-screen theater chain handed to the new United Paramount Theaters on December 31, 1949. Leonard Goldenson, who had headed the chain since 1938, remained as the new company's president. The Balaban and Katz theatre division was spun off with UPT; its trademark eventually became the property of the Balaban and Katz Historical Foundation. The Foundation has recently acquired ownership of the Famous Players Trademark. Cash-rich and controlling prime downtown real estate, Goldenson began looking for investments. Barred from film-making by prior antitrust rulings, he acquired the struggling ABC television network in February 1953, leading it first to financial health, and eventually, in the mid-1970s, to first place in the national Nielsen ratings, before selling out to Capital Cities in 1985 (Capital Cities would eventually sell out, in turn, to
The Walt Disney Company The Walt Disney Company, commonly known as Disney (), is an American multinational mass media and entertainment conglomerate headquartered at the Walt Disney Studios complex in Burbank, California. Disney was originally founded on Octobe ...
in 1996). United Paramount Theaters was renamed ABC Theaters in 1965 and was sold to businessman Henry Plitt in 1977. The movie theater chain was renamed Plitt Theaters. In 1985,
Cineplex Odeon Corporation Cineplex Odeon Corporation was one of North America's largest movie theatre operators and live theatre, with theatres in its home country of Canada and the United States. The Cineplex Odeon brand is still being used by Cineplex Entertainment at ...
merged with Plitt. In later years, Paramount's TV division would develop a strong relationship with ABC, providing many hit series to the network.


The DuMont Network

Paramount Pictures had been an early backer of television, launching experimental stations in 1939 in Los Angeles and Chicago. The Los Angeles station eventually became
KTLA KTLA (channel 5) is a television station in Los Angeles, California, United States, serving as the West Coast flagship of The CW. It is the largest directly owned property of the network's majority owner, Nexstar Media Group, and is the s ...
, the first commercial station on the West Coast. The Chicago station got a commercial license as WBKB in 1943, but was sold to UPT along with Balaban & Katz in 1948 and was eventually resold to CBS as
WBBM-TV WBBM-TV (channel 2) is a television station in Chicago, Illinois, United States, airing programming from the CBS network. Owned and operated by the network's CBS News and Stations division, the station maintains studios on West Washington ...
. In 1938, Paramount bought a stake in television manufacturer
DuMont Laboratories Allen B. DuMont Laboratories, Inc. (printed on products as Allen B. Du Mont Laboratories, Inc., commonly referred to as DuMont Laboratories, shortened to DuMont Labs; referred to on company documents as DuMont) was an American television equipmen ...
. Through this stake, it became a minority owner of the
DuMont Television Network The DuMont Television Network (also known as the DuMont Network, DuMont Television, simply DuMont/Du Mont, or (incorrectly) Dumont ) was one of America's pioneer commercial television networks, rivaling NBC and CBS for the distinction of being ...
. Also Paramount launched its own network, Paramount Television Network, in 1948 through its television unit, Television Productions, Inc. Paramount management planned to acquire additional
owned-and-operated station In the broadcasting industry, an owned-and-operated station (frequently abbreviated as an O&O) usually refers to a television or radio station owned by the network with which it is associated. This distinguishes such a station from an affiliate ...
s ("O&Os"); the company applied to the FCC for additional stations in San Francisco, Detroit, and Boston. The FCC, however, denied Paramount's applications. A few years earlier, the federal regulator had placed a five-station cap on all television networks: no network was allowed to own more than five
VHF Very high frequency (VHF) is the ITU designation for the range of radio frequency electromagnetic waves (radio waves) from 30 to 300 megahertz (MHz), with corresponding wavelengths of ten meters to one meter. Frequencies immediately below VHF ...
television stations. Paramount was hampered by its minority stake in the DuMont Television Network. Although both DuMont and Paramount executives stated that the companies were separate, the FCC ruled that Paramount's partial ownership of DuMont meant that DuMont and Paramount were in theory branches of the same company. Since DuMont owned three television stations and Paramount owned two, the federal agency ruled neither network could acquire additional television stations. The FCC requested that Paramount relinquish its stake in DuMont, but Paramount refused. According to television historian William Boddy, "Paramount's checkered antitrust history" helped convince the FCC that Paramount controlled DuMont. Both DuMont and Paramount Television Network suffered as a result, with neither company able to acquire five O&Os. Meanwhile, CBS, ABC, and NBC had each acquired the maximum of five stations by the mid-1950s. When ABC accepted a merger offer from UPT in 1953, DuMont quickly realized that ABC now had more resources than it could possibly hope to match. It quickly reached an agreement in principle to merge with ABC.Bergmann, Ted; Skutch, Ira (2002). ''The DuMont Television Network: What Happened?'', pp. 79–83. Lanham, Maryland: Scarecrow Press, 2002. . However, Paramount vetoed the offer due to antitrust concerns. For all intents and purposes, this was the end of DuMont, though it lingered on until 1956. In 1951, Paramount bought a stake in International Telemeter, an experimental pay TV service which operated with a coin inserted into a box. The service began operating in Palm Springs, California on November 27, 1953, but due to pressure from the FCC, the service ended on May 15, 1954. With the loss of the theater chain, Paramount Pictures went into a decline, cutting studio-backed production, releasing its contract players, and making production deals with independents. By the mid-1950s, all the great names were gone; only Cecil B. DeMille, associated with Paramount since 1913, kept making pictures in the grand old style. Despite Paramount's losses, DeMille would, however, give the studio some relief and create his most successful film at Paramount, a 1956
remake A remake is a film, television series, video game, song or similar form of entertainment that is based upon and retells the story of an earlier production in the same medium—e.g., a "new version of an existing film". A remake tells the sam ...
of his 1923 film ''
The Ten Commandments The Ten Commandments (Biblical Hebrew עשרת הדברים \ עֲשֶׂרֶת הַדְּבָרִים, ''aséret ha-dvarím'', lit. The Decalogue, The Ten Words, cf. Mishnaic Hebrew עשרת הדיברות \ עֲשֶׂרֶת הַדִּבְ� ...
''. DeMille died in 1959. Like some other studios, Paramount saw little value in its film library, and sold 764 of its pre-1950 films to MCA Inc./
EMKA, Ltd. EMKA Limited is a division of Universal Television with the sole function of overseeing the 1929–1949 Paramount Pictures sound feature film library. History A few years after the ruling of the ''United States v. Paramount Pictures, Inc.'' ...
(known today as
Universal Television Universal Television LLC (abbreviated as UTV) is an American television production company that is a subsidiary of Universal Studio Group, a division of Comcast's NBCUniversal. It serves as the network television production arm of NBC; a prede ...
) in February 1958.


1966–70: Early Gulf+Western era

By the early 1960s, Paramount's future was doubtful. The high-risk movie business was wobbly; the theater chain was long gone; investments in DuMont and in early pay-television came to nothing; and the Golden Age of Hollywood had just ended, even the flagship
Paramount Building 1501 Broadway, also known as the Paramount Building, is a 33-story office building on Times Square between West 43rd and 44th Streets in the Theater District neighborhood of Manhattan in New York City. Designed by Rapp and Rapp, it was e ...
in Times Square was sold to raise cash, as was KTLA (sold to
Gene Autry Orvon Grover "Gene" Autry (September 29, 1907 – October 2, 1998), nicknamed the Singing Cowboy, was an American singer, songwriter, actor, musician, rodeo performer, and baseball owner who gained fame largely by singing in a crooning s ...
in 1964 for a then-phenomenal $12.5 million). Their only remaining successful property at that point was
Dot Records Dot Records was an American record label founded by Randy Wood (record producer), Randy Wood and Gene Nobles that was active between 1950 and 1978. The original headquarters of Dot Records were in Gallatin, Tennessee. In 1956, the company moved ...
, which Paramount had acquired in 1957, and even its profits started declining by the middle of the 1960s. Founding father Adolph Zukor (born in 1873) was still chairman emeritus; he referred to chairman Barney Balaban (born 1888) as "the boy". Such aged leadership was incapable of keeping up with the changing times, and in 1966, a sinking Paramount was sold to
Charles Bluhdorn Charles George Bluhdorn (born Karl Georg Blühdorn; September 20, 1926 – February 19, 1983) was an Austrian-born American industrialist. Early life Bluhdorn was born in Vienna, Austria, to an Austrian Jewish mother Rosa Fuchs and father Paul ...
's industrial conglomerate, Gulf + Western Industries Corporation. Bluhdorn immediately put his stamp on the studio, installing a virtually unknown producer named Robert Evans as head of production. Despite some rough times, Evans held the job for eight years, restoring Paramount's reputation for commercial success with '' The Odd Couple'', '' Rosemary's Baby'', ''
Love Story Love Story or A Love Story may refer to: Arts, entertainment, and media Genres * Romance (love) ** Romance film ** Romance novel Films * ''Love Story'' (1925 film), German silent film * ''Love Story'' (1942 film), Italian drama film * ''Love ...
'', ''
The Godfather ''The Godfather'' is a 1972 American crime film directed by Francis Ford Coppola, who co-wrote the screenplay with Mario Puzo, based on Puzo's best-selling 1969 novel of the same title. The film stars Marlon Brando, Al Pacino, James Caa ...
'', ''
Chinatown A Chinatown () is an ethnic enclave of Chinese people located outside Greater China, most often in an urban setting. Areas known as "Chinatown" exist throughout the world, including Europe, North America, South America, Asia, Africa and Aust ...
'', and '' 3 Days of the Condor''. Gulf + Western Industries also bought the neighboring
Desilu Desilu Productions () was an American television production company founded and co-owned by husband and wife Desi Arnaz and Lucille Ball. The company is best known for shows such as ''I Love Lucy'', ''The Lucy Show'', ''Mannix'', ''The Untouchabl ...
television studio (once the lot of
RKO Pictures RKO Radio Pictures Inc., commonly known as RKO Pictures or simply RKO, was an American film production and distribution company, one of the "Big Five" film studios of Hollywood's Golden Age. The business was formed after the Keith-Albee-Orph ...
) from
Lucille Ball Lucille Désirée Ball (August 6, 1911 – April 26, 1989) was an American actress, comedienne and producer. She was nominated for 13 Primetime Emmy Awards, winning five times, and was the recipient of several other accolades, such as the Gold ...
in 1967. Using some of Desilu's established shows such as ''
Star Trek ''Star Trek'' is an American science fiction media franchise created by Gene Roddenberry, which began with the eponymous 1960s television series and quickly became a worldwide pop-culture phenomenon. The franchise has expanded into vari ...
'', '' Mission: Impossible'', and ''
Mannix ''Mannix'' is an American detective television series that ran from 1967 to 1975 on CBS. It was created by Richard Levinson and William Link, and developed by executive producer Bruce Geller. The title character, Joe Mannix, is a private in ...
'' as a foot in the door at the networks, the newly reincorporated
Paramount Television The original incarnation of Paramount Television was the name of the television production division of the American film studio Paramount Pictures, that was responsible for the production of Viacom television programs, until it changed its name ...
eventually became known as a specialist in half-hour situation comedies. In 1968, Paramount formed Films Distributing Corp to distribute sensitive film product, including ''Sin With a Stranger'', which was one of the first films to receive an
X rating An X rating is a rating used in various countries to classify films that have content deemed suitable only for adults. It is used when the violent or sexual content of a film is considered to be potentially disturbing to general audiences. Aust ...
in the United States when the
MPAA The Motion Picture Association (MPA) is an American trade association representing the five major film studios of the United States, as well as the video streaming service Netflix. Founded in 1922 as the Motion Picture Producers and Distrib ...
introduced their new rating system.


1971–80: CIC formation and high-concept era

In 1970, Paramount teamed with
Universal Studios Universal Pictures (legally Universal City Studios LLC, also known as Universal Studios, or simply Universal; common metonym: Uni, and formerly named Universal Film Manufacturing Company and Universal-International Pictures Inc.) is an Americ ...
to form Cinema International Corporation, a new company that would distribute films by the two studios outside the United States.
Metro-Goldwyn-Mayer Metro-Goldwyn-Mayer Studios Inc., also known as Metro-Goldwyn-Mayer Pictures and abbreviated as MGM, is an American film, television production, distribution and media company owned by amazon (company), Amazon through MGM Holdings, founded o ...
would become a partner in the mid-1970s. Both Paramount and CIC entered the video market with Paramount Home Video (now Paramount Home Entertainment) and
CIC Video CIC Video was a home video distributor, established in 1980, owned by Cinema International Corporation (the forerunner of United International Pictures), and operated in some countries (such as United Kingdom, Australia, Brazil, Japan, France ...
, respectively. Robert Evans abandoned his position as head of production in 1974; his successor,
Richard Sylbert Richard Sylbert (April 16, 1928 – March 23, 2002) was an American production designer and art director, primarily for feature films. Early life Sylbert was born in Brooklyn, New York, to Samuel and Lily (Lazell) Sylbert, and was the twin bro ...
, proved to be too literary and too tasteful for Gulf + Western's Bluhdorn. By 1976, a new, television-trained team was in place headed by
Barry Diller Barry Charles Diller (born February 2, 1942) is an American businessman. He is Chairman and Senior Executive of IAC and Expedia Group and founded the Fox Broadcasting Company and USA Broadcasting. Diller was inducted into the Television Hall o ...
and his "Killer-Dillers", as they were called by admirers or "Dillettes" as they were called by detractors. These associates, made up of
Michael Eisner Michael Dammann Eisner (born March 7, 1942) is an American businessman and former chairman and chief executive officer (CEO) of The Walt Disney Company from September 1984 to September 2005. Prior to Disney, Eisner was president of rival film s ...
,
Jeffrey Katzenberg Jeffrey Katzenberg (; born December 21, 1950) is an American filmmaker, animator, and media proprietor. He became well known for his tenure as chairman of Walt Disney Studios from 1984 to 1994. After departing Disney, he was a co-founder and C ...
,
Dawn Steel Dawn Leslie Steel (August 19, 1946 – December 20, 1997) was an American film studio executive and producer. She was one of the first women to run a major Hollywood film studio, rising through the ranks of merchandising and production to head ...
and Don Simpson would each go on and head up major movie studios of their own later in their careers. The Paramount specialty was now simpler. " high concept" pictures such as ''
Saturday Night Fever ''Saturday Night Fever'' is a 1977 American dance drama film directed by John Badham and produced by Robert Stigwood. It stars John Travolta as Tony Manero, a young Italian-American man from the Brooklyn borough of New York. Manero spends h ...
'' and '' Grease'' hit big, hit hard and hit fast all over the world, while its fortuitous earlier acquisition of the ''
Star Trek ''Star Trek'' is an American science fiction media franchise created by Gene Roddenberry, which began with the eponymous 1960s television series and quickly became a worldwide pop-culture phenomenon. The franchise has expanded into vari ...
'' property, which had grown into a cult favorite, enabled Paramount to have a long running science fiction film and television franchise to compete with the outstanding popular success of ''
Star Wars ''Star Wars'' is an American epic space opera multimedia franchise created by George Lucas, which began with the eponymous 1977 film and quickly became a worldwide pop-culture phenomenon. The franchise has been expanded into various film ...
''. Diller's television background led him to propose one of his longest-standing ideas to the board:
Paramount Television Service The Paramount Television Service (or PTVS for short and also known as Paramount Programming Service) was the name of a proposed but ultimately unrealized "fourth television network" from the U.S. film studio Paramount Pictures (then a unit of Gu ...
, a fourth commercial network. Paramount Pictures purchased the
Hughes Television Network HTN Communications, better known as Hughes Television Network (HTN) and formerly Sports Network, was an American television network created by Richard Eugene Bailey. The company is now in the business of providing video and audio services to spo ...
(HTN) including its satellite time in planning for PTVS in 1976. Paramount sold HTN to Madison Square Garden in 1979. But Diller believed strongly in the concept, and so took his fourth-network idea with him when he moved to
20th Century Fox 20th Century Studios, Inc. (previously known as 20th Century Fox) is an American film production company headquartered at the Fox Studio Lot in the Century City area of Los Angeles. As of 2019, it serves as a film production arm of Walt Disn ...
in 1984, where Fox's then freshly installed proprietor,
Rupert Murdoch Keith Rupert Murdoch ( ; born 11 March 1931) is an Australian-born American business magnate. Through his company News Corp, he is the owner of hundreds of local, national, and international publishing outlets around the world, including ...
was a more interested listener. However, the television division would be playing catch-up for over a decade after Diller's departure in 1984 before launching its own television network – UPN – in 1995. Lasting eleven years before being merged with
The WB The WB Television Network (for Warner Bros., or the "Frog Network", for its former mascot, Michigan J. Frog) was an American television network launched on broadcast television on January 11, 1995, as a joint venture between the Warner Bros. ...
network to become
The CW ''The'' () is a grammatical article in English, denoting persons or things already mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the ...
in 2006, UPN would feature many of the shows it originally produced for other networks, and would take numerous gambles on series such as '' Star Trek: Voyager'' and '' Star Trek: Enterprise'' that would have otherwise either gone direct-to-cable or become
first-run syndication Broadcast syndication is the practice of leasing the right to broadcasting television shows and radio programs to multiple television stations and radio stations, without going through a broadcast network. It is common in the United States wher ...
to independent stations across the country (as ''
Star Trek: Deep Space Nine ''Star Trek: Deep Space Nine'' (abbreviated as ''DS9'') is an American science fiction television series created by Rick Berman and Michael Piller. The fourth series in the ''Star Trek'' media franchise, it originally aired in syndication from ...
'' and '' Star Trek: The Next Generation'' were). Paramount Pictures was not connected to either
Paramount Records Paramount Records was an American record label known for its recordings of jazz and blues in the 1920s and early 1930s, including such artists as Ma Rainey, Tommy Johnson and Blind Lemon Jefferson. Early years Paramount Records was formed in 1 ...
(1910s–1935) or
ABC-Paramount Records ABC Records was an American record label founded in New York City in 1955. It originated as the main popular music label operated by the Am-Par Record Corporation. Am-Par also created the Impulse! jazz label in 1960. It acquired many labels befo ...
(1955–66) until it purchased the rights to use the name (but not the latter's catalog) in the late 1960s. The Paramount name was used for soundtrack albums and some pop re-issues from the
Dot Records Dot Records was an American record label founded by Randy Wood (record producer), Randy Wood and Gene Nobles that was active between 1950 and 1978. The original headquarters of Dot Records were in Gallatin, Tennessee. In 1956, the company moved ...
catalog which Paramount had acquired in 1957. By 1970, Dot had become an all-country label and in 1974, Paramount sold all of its record holdings to
ABC Records ABC Records was an American record label founded in New York City in 1955. It originated as the main popular music label operated by the Am-Par Record Corporation. Am-Par also created the Impulse! jazz label in 1960. It acquired many labels bef ...
, which in turn was sold to
MCA MCA may refer to: Astronomy * Mars-crossing asteroid, an asteroid whose orbit crosses that of Mars Aviation * Minimum crossing altitude, a minimum obstacle crossing altitude for fixes on published airways * Medium Combat Aircraft, a 5th gen ...
(now
Universal Music Group Universal Music Group N.V. (often abbreviated as UMG and referred to as just Universal Music) is a Dutch–American multinational music corporation under Dutch law. UMG's corporate headquarters are located in Hilversum, Netherlands and its ...
) in 1979.


1980–94: Continual success

Paramount's successful run of pictures extended into the 1980s and 1990s, generating hits like ''
Airplane! ''Airplane!'' (alternatively titled ''Flying High!'') is a 1980 American parody film written and directed by the brothers David Zucker, David and Jerry Zucker, and Jim Abrahams in their directorial debuts, and produced by Jon Davison (film prod ...
'', ''
American Gigolo ''American Gigolo'' is a 1980 American neo-noir crime drama film written and directed by Paul Schrader, and starring Richard Gere and Lauren Hutton. It tells the story about a high-priced escort in Los Angeles (Gere) who becomes romantically ...
'', ''
Ordinary People ''Ordinary People'' is a 1980 American drama film directed by Robert Redford in his directorial debut. The screenplay by Alvin Sargent is based on the 1976 novel of the same name by Judith Guest. The film follows the disintegration of an uppe ...
'', ''
An Officer and a Gentleman Conduct unbecoming an officer and a gentleman (or conduct unbecoming for short) is an offense that is subject to court martial in the armed forces of some nations. Use in the United Kingdom The phrase was used as a charge in courts martial of t ...
'', ''
Flashdance ''Flashdance'' is a 1983 American romantic drama dance film directed by Adrian Lyne and starring Jennifer Beals as a passionate young dancer who aspires to become a professional ballerina (Alex), alongside Michael Nouri playing her boyfriend ...
'', ''
Terms of Endearment ''Terms of Endearment'' is a 1983 American family comedy-drama film directed, written, and produced by James L. Brooks, adapted from Larry McMurtry's 1975 novel of the same name. It stars Debra Winger, Shirley MacLaine, Jack Nicholson, Dann ...
'', '' Footloose'', ''
Pretty in Pink ''Pretty in Pink'' is a 1986 American teen romantic comedy-drama film about love and social cliques in American high schools in the 1980s. A cult classic, it is commonly identified as a "Brat Pack" film. It was directed by Howard Deutch, produc ...
'', ''
Top Gun ''Top Gun'' is a 1986 American action drama film directed by Tony Scott, produced by Don Simpson and Jerry Bruckheimer, with distribution by Paramount Pictures. The screenplay was written by Jim Cash and Jack Epps Jr., and was inspired by an ...
'', ''
Crocodile Dundee ''Crocodile Dundee'' (stylized as ''"Crocodile" Dundee'' in the U.S.) is a 1986 action comedy film set in the Australian Outback and in New York City. It stars Paul Hogan as the weathered Mick Dundee, and American actress Linda Kozlowski as ...
'', ''
Fatal Attraction ''Fatal Attraction'' is a 1987 American psychological thriller film directed by Adrian Lyne from a screenplay by James Dearden, based on his 1980 short film '' Diversion''. Starring Michael Douglas, Glenn Close, and Anne Archer, the film cent ...
'', ''
Ghost A ghost is the soul or spirit of a dead person or animal that is believed to be able to appear to the living. In ghostlore, descriptions of ghosts vary widely from an invisible presence to translucent or barely visible wispy shapes, to re ...
'', the ''
Friday the 13th Friday the 13th is considered an unlucky day in Western superstition. It occurs when the 13th day of the month in the Gregorian calendar falls on a Friday, which happens at least once every year but can occur up to three times in the same year. ...
''
slasher Slasher may refer to: * Slasher (basketball), a style of play in basketball * Slasher film, a subgenre of the horror film * Slasher (tool), a scrub-clearing implement * ''Slasher'' (2004 film), a 2004 documentary film * ''Slasher'' (2007 film ...
series, as well as teaming up with
Lucasfilm Lucasfilm Ltd. LLC is an American film and television production company and a subsidiary of Walt Disney Studios, which is a business segment of The Walt Disney Company. The studio is best known for creating and producing the '' Star Wars'' and ...
to create the ''Indiana Jones'' franchise. Other examples are the ''
Star Trek ''Star Trek'' is an American science fiction media franchise created by Gene Roddenberry, which began with the eponymous 1960s television series and quickly became a worldwide pop-culture phenomenon. The franchise has expanded into vari ...
'' film series and a string of films starring comedian
Eddie Murphy Edward Regan Murphy (born April 3, 1961) is an American actor, comedian, writer, producer, and singer. He rose to fame on the sketch comedy show ''Saturday Night Live'', for which he was a regular cast member from 1980 to 1984. Murphy has als ...
like ''
Trading Places ''Trading Places'' is a 1983 American comedy film directed by John Landis, with a screenplay by Timothy Harris and Herschel Weingrod. Starring Dan Aykroyd, Eddie Murphy, Ralph Bellamy, Don Ameche, Denholm Elliott, and Jamie Lee Curtis, the ...
'', ''
Coming to America ''Coming to America'' is a 1988 American romantic comedy film directed by John Landis and based on a story originally created by Eddie Murphy, who also stars in the lead role. The film also co-stars Arsenio Hall, James Earl Jones, Shari Hea ...
'' and ''
Beverly Hills Cop ''Beverly Hills Cop'' is a 1984 American buddy cop action comedy film directed by Martin Brest, screenplay by Daniel Petrie Jr., story by Danilo Bach and Daniel Petrie Jr., and starring Eddie Murphy as Axel Foley, a street-smart Detroit cop ...
'' and its
sequel A sequel is a work of literature, film, theatre, television, music or video game that continues the story of, or expands upon, some earlier work. In the common context of a narrative work of fiction, a sequel portrays events set in the same ...
s. While the emphasis was decidedly on the commercial, there were occasional less commercial but more artistic and intellectual efforts like '' I'm Dancing as Fast as I Can'', ''
Atlantic City Atlantic City, often known by its initials A.C., is a coastal resort city in Atlantic County, New Jersey, United States. The city is known for its casinos, boardwalk, and beaches. In 2020, the city had a population of 38,497.
'', '' Reds'', ''
Witness In law, a witness is someone who has knowledge about a matter, whether they have sensed it or are testifying on another witnesses' behalf. In law a witness is someone who, either voluntarily or under compulsion, provides testimonial evidence, e ...
'', '' Children of a Lesser God'' and '' The Accused''. During this period, responsibility for running the studio passed from Eisner and Katzenberg to
Frank Mancuso, Sr. Frank G. Mancuso (born July 25, 1933) is an American former film studio executive. Mancuso was the chairman and CEO of Paramount Pictures between 1984 and 1991, and Metro-Goldwyn-Mayer between 1993 and 1999, when he retired. Mancuso starte ...
(1984) and
Ned Tanen Ned Stone Tanen (c. September 20, 1931 – January 5, 2009) was an American film studio executive. The films he produced were some of the most popular films of the 1970s and 1980s, including the 2 key Brat Pack films ''The Breakfast Club'' and ' ...
(1984) to Stanley R. Jaffe (1991) and
Sherry Lansing Sherry Lansing (born Sherry Lee Duhl; July 31, 1944) is an American philanthropist and retired film studio executive. She is a former CEO of Paramount Pictures and president of production at 20th Century Fox. In 1996, she became the first woman ...
(1992). More so than most, Paramount's slate of films included many remakes and television
spin-offs Spin-off may refer to: *Spin-off (media), a media work derived from an existing work *Corporate spin-off, a type of corporate action that forms a new company or entity * Government spin-off, civilian goods which are the result of military or gov ...
; while sometimes commercially successful, there have been few compelling films of the kind that once made Paramount the industry leader. On August 25, 1983, Paramount Studios caught fire. Two or three sound stages and four outdoor sets were destroyed. When Charles Bluhdorn died unexpectedly, his successor Martin Davis dumped all of G+W's industrial, mining, and sugar-growing subsidiaries and refocused the company, renaming it Paramount Communications in 1989. With the influx of cash from the sale of G+W's industrial properties in the mid-1980s, Paramount bought a string of television stations and KECO Entertainment's theme park operations, renaming them
Paramount Parks Paramount Parks was the operator of Paramount's Kings Island, Paramount's Kings Dominion, Paramount's Great America, Paramount's Carowinds, and Paramount Canada's Wonderland, which annually attracted about 13 million patrons. National Amusemen ...
. These parks included Paramount's Great America, Paramount Canada's Wonderland, Paramount's Carowinds, Paramount's Kings Dominion, and Paramount's Kings Island. In May 1985, Paramount decided to start its own talent department, establishing which its feature directors could draw, which the studio decided to shut down on July 30, 1986, by then-studio president
Dawn Steel Dawn Leslie Steel (August 19, 1946 – December 20, 1997) was an American film studio executive and producer. She was one of the first women to run a major Hollywood film studio, rising through the ranks of merchandising and production to head ...
. In 1987, Paramount Pictures, along with MGM/UA Communications Co. and
Universal Pictures Universal Pictures (legally Universal City Studios LLC, also known as Universal Studios, or simply Universal; common metonym: Uni, and formerly named Universal Film Manufacturing Company and Universal-International Pictures Inc.) is an Americ ...
teamed up in order to market feature film and television product to China, and the consumer reach is measured in terms of the 25-billion admission tickets that were clocked in China in 1986, and Worldwide Media Sales, a division of the New York-based Worldwide Media Group had been placed in charge of the undertaking. That year, Paramount Pictures decided to consolidate its distribution operations, that closing a number of branch offices that was designed for the studio and relocating staff and major activities in an effort to cut costs and provide for a more efficient centralization, which was a response in a change to the distribution practices by working out cities where exhibitors also had offices. In August 1987, Paramount Overseas Productions decided that they would declare that the subsidiary was not just for the upcoming film ''Experts'', which was shot $12 million in
Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by to ...
, but other films filmed there worldwide, including the
United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and ...
and
Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by to ...
, and the company was set up it was one of the several subsidiaries through it was filmed outside of the United States. In 1993,
Sumner Redstone Sumner Murray Redstone ( Rothstein; May 27, 1923 – August 11, 2020) was an American billionaire businessman and media magnate. He was the founder and chairman of the second incarnation of Viacom which was dissolved in 2019 (a year before Redst ...
's entertainment conglomerate Viacom made a bid for a merger with Paramount Communications; this quickly escalated into a bidding war with
Barry Diller Barry Charles Diller (born February 2, 1942) is an American businessman. He is Chairman and Senior Executive of IAC and Expedia Group and founded the Fox Broadcasting Company and USA Broadcasting. Diller was inducted into the Television Hall o ...
's QVC. But Viacom prevailed, ultimately paying $10 billion for the Paramount holdings. Viacom and Paramount had planned to merge as early as 1989. Paramount is the last major film studio located in Hollywood proper. When Paramount moved to its present home in 1927, it was in the heart of the film community. Since then, former next-door neighbor RKO closed up shop in 1957 (Paramount ultimately absorbed their former lot); Warner Bros. (whose old Sunset Boulevard studio was sold to Paramount in 1949 as a home for
KTLA KTLA (channel 5) is a television station in Los Angeles, California, United States, serving as the West Coast flagship of The CW. It is the largest directly owned property of the network's majority owner, Nexstar Media Group, and is the s ...
) moved to Burbank in 1930;
Columbia Columbia may refer to: * Columbia (personification), the historical female national personification of the United States, and a poetic name for America Places North America Natural features * Columbia Plateau, a geologic and geographic region i ...
joined Warners in Burbank in 1973 then moved again to
Culver City Culver City is a city in Los Angeles County, California, United States. As of the 2020 census, the population was 40,779. Founded in 1917 as a "whites only" sundown town, it is now an ethnically diverse city with what was called the "third-most ...
in 1989; and the Pickford-Fairbanks-Goldwyn-United Artists lot, after a lively history, has been turned into a
post-production Post-production is part of the process of filmmaking, video production, audio production, and photography. Post-production includes all stages of production occurring after principal photography or recording individual program segments. Th ...
and music-scoring facility for Warners, known simply as "The Lot". For a time the semi-industrial neighborhood around Paramount was in decline, but has now come back. The recently refurbished studio has come to symbolize Hollywood for many visitors, and its studio tour is a popular attraction.


1989–94: Paramount Communications

In 1983, Gulf and Western began a restructuring process that would transform the corporation from a bloated conglomerate consisting of subsidiaries from unrelated industries to a more focused entertainment and publishing company. The idea was to aid financial markets in measuring the company's success, which, in turn, would help place better value on its shares. Though its Paramount division did very well in recent years, Gulf and Western's success as a whole was translating poorly with investors. This process eventually led Davis to divest many of the company's subsidiaries. Its sugar plantations in Florida and the Dominican Republic were sold in 1985; the consumer and industrial products branch was sold off that same year. In 1989, Davis renamed the company Paramount Communications Incorporated after its primary asset, Paramount Pictures. In addition to the Paramount film, television, home video, and music publishing divisions, the company continued to own the Madison Square Garden properties (which also included
MSG Network The MSG Network (MSG) is an American regional cable and satellite television network, and radio service owned by MSG Entertainment, Inc.—a spin-off of the main Madison Square Garden Company operation (itself a spin-off of local cable prov ...
), a 50% stake in
USA Network USA Network (simply USA) is an American basic cable television channel owned by the NBCUniversal Television and Streaming division of Comcast's NBCUniversal through NBCUniversal Cable Entertainment. It was originally launched in 1977 as Madi ...
s (the other 50% was owned by
MCA MCA may refer to: Astronomy * Mars-crossing asteroid, an asteroid whose orbit crosses that of Mars Aviation * Minimum crossing altitude, a minimum obstacle crossing altitude for fixes on published airways * Medium Combat Aircraft, a 5th gen ...
/
Universal Studios Universal Pictures (legally Universal City Studios LLC, also known as Universal Studios, or simply Universal; common metonym: Uni, and formerly named Universal Film Manufacturing Company and Universal-International Pictures Inc.) is an Americ ...
) and Simon & Schuster,
Prentice Hall Prentice Hall was an American major educational publisher owned by Savvas Learning Company. Prentice Hall publishes print and digital content for the 6–12 and higher-education market, and distributes its technical titles through the Safari ...
,
Pocket Books Pocket Books is a division of Simon & Schuster that primarily publishes paperback books. History Pocket Books produced the first mass-market, pocket-sized paperback books in the United States in early 1939 and revolutionized the publishing ...
,
Allyn & Bacon Allyn & Bacon, founded in 1868, is a higher education textbook publisher in the areas of education, humanities and social sciences. It is an imprint of Pearson Education, the world's largest education publishing and technology company which is par ...
, Cineamerica (a joint venture with
Warner Communications Warner Media, LLC ( traded as WarnerMedia) was an American multinational mass media and entertainment conglomerate. It was headquartered at the 30 Hudson Yards complex in New York City, United States. It was originally established in 1972 by ...
), and Canadian cinema chain
Famous Players Theatres Famous Players Limited Partnership, DBA Famous Players, is a Canadian-based subsidiary of Cineplex Entertainment. As an independent company, it existed as a film exhibitor and cable television service provider. Famous Players operated numerous m ...
.Prince, Stephen (2000) ''A New Pot of Gold: Hollywood Under the Electronic Rainbow, 1980–1989'' (p. 60-65).
University of California Press The University of California Press, otherwise known as UC Press, is a publishing house associated with the University of California that engages in academic publishing. It was founded in 1893 to publish scholarly and scientific works by facul ...
, Berkeley/
Los Angeles, California Los Angeles ( ; es, Los Ángeles, link=no , ), often referred to by its initials L.A., is the List of municipalities in California, largest city in the U.S. state, state of California and the List of United States cities by population, sec ...
.
That same year, the company launched a $12.2 billion hostile bid to acquire Time Inc. in an attempt to end a stock-swap merger deal between Time and Warner Communications. This caused Time to raise its bid for Warner to $14.9 billion in cash and stock. Gulf and Western responded by filing a lawsuit in a Delaware court to block the Time-Warner merger. The court ruled twice in favor of Time, forcing Gulf and Western to drop both the Time acquisition and the lawsuit, and allowing the formation of
Time Warner Warner Media, LLC ( traded as WarnerMedia) was an American multinational mass media and entertainment conglomerate. It was headquartered at the 30 Hudson Yards complex in New York City, United States. It was originally established in 1972 by ...
. Paramount used cash acquired from the sale of Gulf and Western's non-entertainment properties to take over the
TVX Broadcast Group The TVX Broadcast Group was an Television in the United States, American media company that owned a group of ultra high frequency, UHF television stations during the 1980s. Originally known as the Television Corp. of Virginia, the company was hea ...
chain of television stations (which at that point consisted mainly of large-market stations which TVX had bought from
Taft Broadcasting The Taft Broadcasting Company (also known as Taft Television and Radio Company, Incorporated) was an American media conglomerate based in Cincinnati, Ohio. The company was rooted in the family of William Howard Taft, the 27th President of the Un ...
, plus two mid-market stations which TVX owned prior to the Taft purchase), and the KECO Entertainment chain of theme parks from Taft successor Great American Broadcasting. Both of these companies had their names changed to reflect new ownership: TVX became known as the
Paramount Stations Group Paramount Stations Group (sometimes abbreviated as PSG) was a company that controlled a group of American broadcast television stations. The company existed from 1991 until 2001. History Paramount Communications, the then-parent company of Par ...
, while KECO was renamed to
Paramount Parks Paramount Parks was the operator of Paramount's Kings Island, Paramount's Kings Dominion, Paramount's Great America, Paramount's Carowinds, and Paramount Canada's Wonderland, which annually attracted about 13 million patrons. National Amusemen ...
. Paramount Television launched Wilshire Court Productions in conjunction with USA Networks, before the latter was renamed NBCUniversal Cable, in 1989. Wilshire Court Productions (named for a side street in Los Angeles) produced
television film A television film, alternatively known as a television movie, made-for-TV film/movie or TV film/movie, is a feature-length film that is produced and originally distributed by or to a television network, in contrast to theatrical films made for ...
s that aired on the USA Networks, and later for other networks. USA Networks launched a second channel, the Sci-Fi Channel (now known as
Syfy Syfy (formerly Sci-Fi Channel, later shortened to Sci Fi; stylized as SYFY) is an American basic cable channel owned by the NBCUniversal Television and Streaming division of Comcast's NBCUniversal through NBCUniversal Cable Entertainment. La ...
), in 1992. As its name implied, it focused on films and television series within the science fiction genre. Much of the initial programming was owned either by Paramount or Universal. Paramount bought one more television station in 1993:
Cox Enterprises Cox Enterprises, Inc. is a privately held global conglomerate headquartered in Atlanta, Georgia, United States, with approximately 55,000 employees and $21 billion in total revenue. Its major operating subsidiaries are Cox Communications and ...
'
WKBD-TV WKBD-TV (channel 50) is a television station in Detroit, Michigan, United States, affiliated with The CW. It is owned by the CBS News and Stations group alongside CBS owned-and-operated station WWJ-TV (channel 62). Both stations share studios on ...
in Detroit, Michigan, at the time an affiliate of the
Fox Broadcasting Company The Fox Broadcasting Company, commonly known simply as Fox and stylized in all caps as FOX, is an American commercial broadcast television network owned by Fox Corporation and headquartered in New York City, with master control operations ...
.


1994–2005: Dolgen/Lansing and "old" Viacom era

In February 1994, Viacom acquired 50.1% of Paramount Communications Inc. shares for $9.75 billion, following a five-month battle with QVC, and completed the merger in July. At the time, Paramount's holdings included Paramount Pictures,
Madison Square Garden Madison Square Garden, colloquially known as The Garden or by its initials MSG, is a multi-purpose indoor arena in New York City. It is located in Midtown Manhattan between Seventh and Eighth avenues from 31st to 33rd Street, above Pennsylv ...
, the
New York Rangers The New York Rangers are a professional ice hockey team based in the New York City borough of Manhattan. They compete in the National Hockey League (NHL) as a member of the Metropolitan Division in the Eastern Conference. The team plays its ho ...
, the
New York Knicks The New York Knickerbockers, shortened and more commonly referred to as the New York Knicks, are an American professional basketball team based in the New York City borough of Manhattan. The Knicks compete in the National Basketball Associat ...
, and the
Simon & Schuster Simon & Schuster () is an American publishing company and a subsidiary of Paramount Global. It was founded in New York City on January 2, 1924 by Richard L. Simon and M. Lincoln Schuster. As of 2016, Simon & Schuster was the third largest publi ...
publishing house. The deal had been planned as early as 1989, when the company was still known as Gulf and Western. Though Davis was named a member of the board of
National Amusements National Amusements, Inc. is an American privately owned movie theater operator and mass media holding company incorporated in Maryland and based in Norwood, Massachusetts. It is the controlling shareholder of Paramount Global. History The ...
, which controlled Viacom, he ceased to manage the company. Under Viacom, the Paramount Stations Group continued to build with more station acquisitions, eventually leading to Viacom's acquisition of its former parent, the CBS network, in 1999. Around the same time, Viacom bought out
Spelling Entertainment Spelling is a set of conventions that regulate the way of using graphemes (writing system) to represent a language in its written form. In other words, spelling is the rendering of speech sound (phoneme) into writing (grapheme). Spelling is one ...
, incorporating its library into that of Paramount itself. Viacom split into two companies in 2006, one retaining the Viacom name (which continued to own Paramount Pictures), while another was named
CBS Corporation The second incarnation of CBS Corporation (the first being a short-lived rename of the Westinghouse Electric Corporation) was an American multinational media conglomerate with interests primarily in commercial broadcasting, publishing, an ...
(which now controlled Paramount Television Group, which was renamed CBS Paramount Television, now known as
CBS Television Studios CBS Studios, Inc. is an American television production company which is a subsidiary of CBS Entertainment Group unit of Paramount Global. It was formed on January 17, 2006, by CBS Corporation as CBS Paramount Television, as a renaming of the ...
and worldwide distribution unit is now
CBS Television Distribution CBS Media Ventures, Inc. (formerly CBS Television Distribution, Inc. and CBS Paramount Domestic Television, Inc.) is an American television distribution company owned by CBS Studios, part of CBS Entertainment Group, a division of Paramount G ...
and
CBS Studios International Paramount Global Distribution Group or Paramount Global Content Distribution is the international television distribution arm of American media conglomerate, Paramount Global, originally established in 1962 as the international distribution divis ...
, in 2006, Simon & Schuster (except for Prentice Hall and other educational units, which Viacom sold to
Pearson PLC Pearson plc is a British multinational publishing and education company headquartered in London, England. It was founded as a construction business in the 1840s but switched to publishing in the 1920s. Spender, J. A., ''Weetman Pearson: F ...
in 1998), and what's left of the original Paramount Stations Group, now known as
CBS Television Stations CBS News and Stations (formerly CBS Television Stations) is a division of the CBS Entertainment Group unit of Paramount Global that owns and operates a group of American television stations. , Paramount owns 28 stations, broken down as follows ...
). National Amusements retains majority control of the two. Together, these two companies own many of the former media assets of Gulf and Western and its Paramount successor today. Meanwhile, the Madison Square Garden properties (including Madison Square Gardens, the
MSG Network The MSG Network (MSG) is an American regional cable and satellite television network, and radio service owned by MSG Entertainment, Inc.—a spin-off of the main Madison Square Garden Company operation (itself a spin-off of local cable prov ...
, Knicks and Rangers) were sold to
Cablevision Cablevision Systems Corporation was an American cable television company with systems serving areas surrounding New York City. It was the fifth-largest cable provider and ninth-largest television provider in the United States. Throughout its e ...
for $1.075 billion not long after the Viacom takeover. CBS retained ownership of the Paramount Parks chain for a few months after becoming part of the new CBS Corporation, but sold the parks to
Cedar Fair Cedar Fair, L.P., formally Cedar Fair Entertainment Company, is a publicly traded master limited partnership headquartered at its Cedar Point amusement park in Sandusky, Ohio. The company owns and operates eleven amusement parks, nine included- ...
in the summer of 2006, and thus National Amusements got out of the theme park ownership business entirely. Over the next few years, Cedar Fair purged references to Viacom-owned properties from the former Paramount Parks, a task completed in 2010. Viacom also sold its stake in the USA Networks to Universal in 1997, and the channels came under the ownership of Universal's successor,
NBCUniversal NBCUniversal Media, LLC is an American multinational mass media and entertainment conglomerate corporation owned by Comcast and headquartered at 30 Rockefeller Plaza in Midtown Manhattan, New York City, United States. NBCUniversal is primar ...
, which still retained those holdings as of late July 2013. During this time period, Paramount Pictures went under the guidance of Jonathan Dolgen, chairman and
Sherry Lansing Sherry Lansing (born Sherry Lee Duhl; July 31, 1944) is an American philanthropist and retired film studio executive. She is a former CEO of Paramount Pictures and president of production at 20th Century Fox. In 1996, she became the first woman ...
, president. During their administration over Paramount, the studio had an extremely successful period of films with two of Paramount's ten highest-grossing films being produced during this period. The most successful of these films, ''
Titanic RMS ''Titanic'' was a British passenger liner, operated by the White Star Line, which sank in the North Atlantic Ocean on 15 April 1912 after striking an iceberg during her maiden voyage from Southampton, England, to New York City, Unite ...
'', a joint partnership with
20th Century Fox 20th Century Studios, Inc. (previously known as 20th Century Fox) is an American film production company headquartered at the Fox Studio Lot in the Century City area of Los Angeles. As of 2019, it serves as a film production arm of Walt Disn ...
, and Lightstorm Entertainment became the highest-grossing film up to that time, grossing over $1.8 billion worldwide. Also during this time, three Paramount Pictures films won the
Academy Award The Academy Awards, better known as the Oscars, are awards for artistic and technical merit for the American and international film industry. The awards are regarded by many as the most prestigious, significant awards in the entertainment ind ...
for Best Picture; ''Titanic, Braveheart'', and ''Forrest Gump''. Paramount's most important property, however, was ''Star Trek''. Studio executives had begun to call it "the franchise" in the 1980s due to its reliable revenue, and other studios envied its "untouchable and unduplicatable" success. By 1998 ''Star Trek'' television shows, movies, books, videotapes, and licensing provided so much of the studio's profit that "it is not possible to spend any reasonable amount of time at Paramount and not be aware of tspresence"; filming for ''Star Trek: Voyager'' and ''Star Trek: Deep Space Nine'' required up to nine of the largest of the studio's 36
sound stage A sound stage (also written soundstage) is a soundproof, large structure, building, or room with large doors and high ceilings, used for the production of theatrical film-making and television productions, usually located on a secured movie or ...
s. In 1995, Viacom and
Chris-Craft Industries Chris-Craft Industries, Inc., formerly National Automotive Fibers, Inc., was a publicly held American corporation that was traded on the New York and Pacific Stock Exchanges. In 1962, the company adopted the name of one of its acquisitions, Chri ...
'
United Television BHC Communications, Inc. was the holding company for the broadcast property of Chris-Craft Industries. BHC stands for "broadcasting holding company". History The firm was originally incorporated in 1977 as BHC, Incorporated by Chris-Craft Ind ...
launched
United Paramount Network The United Paramount Network (UPN) was an American broadcast television network that launched on January 16, 1995. It was originally owned by Chris-Craft Industries' United Television. Viacom (through its Paramount Television unit, which prod ...
(UPN) with ''Star Trek: Voyager'' as its flagship series, fulfilling Barry Diller's plan for a Paramount network from 25 years earlier. In 1999, Viacom bought out United Television's interests, and handed responsibility for the start-up network to the newly acquired CBS unit, which Viacom bought in 1999 – an ironic confluence of events as Paramount had once invested in CBS, and Viacom had once been the syndication arm of CBS as well. During this period the studio acquired some 30 TV stations to support the UPN network as well acquiring and merging in the assets of Republic Pictures, Spelling Television and Viacom Television, almost doubling the size of the studio's television library. The television division produced the dominant prime time show for the decade in ''Frasier'' as well as such long running hits as ''NCIS'' and ''Becker'' and the dominant prime time magazine show ''Entertainment Tonight.'' Paramount also gained the ownership rights to the Rysher library, after Viacom acquired the rights from
Cox Enterprises Cox Enterprises, Inc. is a privately held global conglomerate headquartered in Atlanta, Georgia, United States, with approximately 55,000 employees and $21 billion in total revenue. Its major operating subsidiaries are Cox Communications and ...
. During this period, Paramount and its related subsidiaries and affiliates, operating under the name "Viacom Entertainment Group" also included the fourth largest group of theme parks in the United States and Canada which in addition to traditional rides and attractions launched numerous successful location-based entertainment units including a long running "Star Trek" attraction at the Las Vegas Hilton. Famous Music – the company's celebrated music publishing arm almost doubled in size and developed artists including Pink, Bush, Green Day as well as catalog favorites including Duke Ellington and Henry Mancini. The Paramount/Viacom licensing group under the leadership of Tom McGrath created the "Cheers" franchise bars and restaurants and a chain of restaurants borrowing from the studio's Academy Award-winning film ''Forrest Gump'' – ''The Bubba Gump Shrimp Company''. Through the combined efforts of Famous Music and the studio over ten "Broadway" musicals were created including Irving Berlin's ''White Christmas'', ''Footloose, Saturday Night Fever'',
Andrew Lloyd Webber Andrew Lloyd Webber, Baron Lloyd-Webber (born 22 March 1948), is an English composer and impresario of musical theatre. Several of his musicals have run for more than a decade both in the West End and on Broadway. He has composed 21 musical ...
's ''Sunset Boulevard'' among others. The company's international arm, United International Pictures (UIP), was the dominant distributor internationally for ten straight years representing Paramount, Universal and MGM. Simon and Schuster became part of the Viacom Entertainment Group emerging as the US' dominant trade book publisher. In 2002, Paramount; along with
Buena Vista Distribution Walt Disney Studios Motion Pictures, formerly known as Buena Vista Pictures Distribution, Inc. until 2007, is an American film distribution studio within the Disney Media and Entertainment Distribution division of The Walt Disney Company. It h ...
,
20th Century Fox 20th Century Studios, Inc. (previously known as 20th Century Fox) is an American film production company headquartered at the Fox Studio Lot in the Century City area of Los Angeles. As of 2019, it serves as a film production arm of Walt Disn ...
, Columbia TriStar Pictures Entertainment, MGM/UA Entertainment,
Universal Studios Universal Pictures (legally Universal City Studios LLC, also known as Universal Studios, or simply Universal; common metonym: Uni, and formerly named Universal Film Manufacturing Company and Universal-International Pictures Inc.) is an Americ ...
,
DreamWorks Pictures DreamWorks Pictures (also known as DreamWorks SKG and formerly DreamWorks Studios, commonly referred to as DreamWorks) is an American film company and distribution label of Amblin Partners. It was originally founded on October 12, 1994 as a liv ...
,
Artisan Entertainment Artisan Entertainment (formerly known as U.S.A. Home Video, International Video Entertainment (IVE) and LIVE Entertainment) was an American film studio and home video company. It was considered one of the largest mini-major film studios until ...
,
Lions Gate Entertainment Lions Gate Entertainment Corporation, doing business as Lionsgate, is a Canadian-American entertainment company. It was formed by Frank Giustra on July 10, 1997, domiciled in Vancouver, British Columbia, Canada and is currently headquartered ...
, and Warner Bros. formed the Digital Cinema Initiatives. Operating under a waiver from the antitrust law, the studios combined under the leadership of Paramount Chief Operating Officer Tom McGrath to develop technical standards for the eventual introduction of digital film projection – replacing the now 100-year-old film technology. DCI was created "to establish and document voluntary specifications for an open architecture for digital cinema that ensures a uniform and high level of technical performance, reliability and quality control." McGrath also headed up Paramount's initiative for the creation and launch of the Blu-ray Disc.


2005–present: Paramount today


CBS/Viacom split

Reflecting in part the troubles of the broadcasting business, in 2006 Viacom wrote off over $18 billion from its radio acquisitions and, early that year, announced that it would split itself in two. The split was completed in January 2006. With the announcement of the split of Viacom, Dolgen and Lansing were replaced by former television executives Brad Grey and Gail Berman. The Viacom Inc. board split the company into
CBS Corporation The second incarnation of CBS Corporation (the first being a short-lived rename of the Westinghouse Electric Corporation) was an American multinational media conglomerate with interests primarily in commercial broadcasting, publishing, an ...
and a separate company under the Viacom name. The board scheduled the division for the first quarter of 2006. Under the plan, CBS Corporation would comprise the CBS and UPN networks, Viacom Television Stations,
Infinity Broadcasting Corporation Infinity Broadcasting Corporation was a radio company that existed from 1972 until 2005. It was founded by Michael A. Wiener and Gerald Carrus. It became associated with popular radio personalities like Howard Stern, Opie and Anthony, Don Imus a ...
, Viacom Outdoor,
Paramount Television The original incarnation of Paramount Television was the name of the television production division of the American film studio Paramount Pictures, that was responsible for the production of Viacom television programs, until it changed its name ...
,
King World Productions King World Productions, Inc. (also known as King World Entertainment, King World Enterprises, or simply King World) was a production company and syndicator of television programming in the United States independently established in 1964 until acq ...
,
Showtime Networks Showtime Networks Inc. is an American entertainment company that oversees the company's premium cable television channels, including its flagship service Showtime. It is a subsidiary of media conglomerate Paramount Global under its networks uni ...
,
Simon & Schuster Simon & Schuster () is an American publishing company and a subsidiary of Paramount Global. It was founded in New York City on January 2, 1924 by Richard L. Simon and M. Lincoln Schuster. As of 2016, Simon & Schuster was the third largest publi ...
,
Paramount Parks Paramount Parks was the operator of Paramount's Kings Island, Paramount's Kings Dominion, Paramount's Great America, Paramount's Carowinds, and Paramount Canada's Wonderland, which annually attracted about 13 million patrons. National Amusemen ...
, and
CBS News CBS News is the news division of the American television and radio service CBS. CBS News television programs include the '' CBS Evening News'', '' CBS Mornings'', news magazine programs '' CBS News Sunday Morning'', '' 60 Minutes'', and '' 4 ...
. The revamped Viacom would include "
MTV MTV (Originally an initialism of Music Television) is an American cable channel that launched on August 1, 1981. Based in New York City, it serves as the flagship property of the MTV Entertainment Group, part of Paramount Media Networks, a di ...
, VH1,
Nickelodeon Nickelodeon (often shortened to Nick) is an American pay television channel which launched on April 1, 1979, as the first cable channel for children. It is run by Paramount Global through its networks division's Kids and Family Group. It ...
,
BET Black Entertainment Television (acronym BET) is an American basic cable channel targeting African-American audiences. It is owned by the CBS Entertainment Group unit of Paramount Global via BET Networks and has offices in New York City, Los ...
and several other cable networks as well as the Paramount movie studio". Paramount's home entertainment unit continues to distribute the Paramount Television library through CBS DVD, as both Viacom and CBS Corporation were controlled by
Sumner Redstone Sumner Murray Redstone ( Rothstein; May 27, 1923 – August 11, 2020) was an American billionaire businessman and media magnate. He was the founder and chairman of the second incarnation of Viacom which was dissolved in 2019 (a year before Redst ...
's
National Amusements National Amusements, Inc. is an American privately owned movie theater operator and mass media holding company incorporated in Maryland and based in Norwood, Massachusetts. It is the controlling shareholder of Paramount Global. History The ...
. In 2009, CBS stopped using the Paramount name in its series and changed the name of the production arm to
CBS Television Studios CBS Studios, Inc. is an American television production company which is a subsidiary of CBS Entertainment Group unit of Paramount Global. It was formed on January 17, 2006, by CBS Corporation as CBS Paramount Television, as a renaming of the ...
, eliminating the Paramount name from television, to distance itself from the latter.


DreamWorks acquisition

On December 11, 2005, the Paramount Motion Pictures Group announced that it had purchased DreamWorks SKG (which was co-founded by former Paramount executive
Jeffrey Katzenberg Jeffrey Katzenberg (; born December 21, 1950) is an American filmmaker, animator, and media proprietor. He became well known for his tenure as chairman of Walt Disney Studios from 1984 to 1994. After departing Disney, he was a co-founder and C ...
) in a deal worth $1.6 billion. The announcement was made by Brad Grey, chairman and CEO of Paramount Pictures who noted that enhancing Paramount's pipeline of pictures is a "key strategic objective in restoring Paramount's stature as a leader in filmed entertainment." The agreement does not include
DreamWorks Animation DreamWorks Animation LLC (DWA, also known as DreamWorks Animation Studios and simply known as DreamWorks) is an American animation studio that produces animated films and television programs and is a subsidiary of Universal Pictures, a divisio ...
SKG Inc., the most profitable part of the company that went public the previous year.


History since 2006

Grey also broke up the famous United International Pictures (UIP) international distribution company with 15 countries being taken over by Paramount or Universal by December 31, 2006, with the joint venture continuing in 20 markets. In Australia, Brazil, France, Ireland, Mexico, New Zealand and the U.K., Paramount took over UIP. While in Austria, Belgium, Germany, Italy, the Netherlands, Russia, Spain and Switzerland, Universal took over and Paramount would build its own distribution operations there. In 2007 and 2008, Paramount may sub-distribute films via Universal's countries and vice versa. Paramount's international distribution unit would be headquartered in Los Angeles and have a European hub. In Italy, Paramount distributed through Universal. With Universal indicated that it was pulling out of the UIP Korea and started its own operation there in November 2016, Paramount agreed to have
CJ Entertainment CJ Entertainment (Hangul: CJ 엔터테인먼트) is a South Korean film production and distribution company under CJ ENM. The company operates as a film production company, film publishing house, investment and exhibition. History During early 1 ...
distribute there. UIP president and chief operating officer Andrew Cripps was hired as Paramount Pictures International head. Paramount Pictures International distributed films that made the 1 billion mark in July 2007; the fifth studio that year to do so and it its first year. On October 6, 2008, DreamWorks executives announced that they were leaving Paramount and relaunching an independent DreamWorks. The DreamWorks trademarks remained with DreamWorks Animation when that company was spun off before the Paramount purchase, and DreamWorks Animation transferred the license to the name to the new company. DreamWorks films, acquired by Paramount but still distributed internationally by Universal, are included in Paramount's market share. Grey also launched a Digital Entertainment division to take advantage of emerging digital distribution technologies. This led to Paramount becoming the second movie studio to sign a deal with Apple Inc. to sell its films through the
iTunes Store The iTunes Store is a digital media store operated by Apple Inc. It opened on April 28, 2003, as a result of Steve Jobs' push to open a digital marketplace for music. As of April 2020, iTunes offered 60 million songs, 2.2 million apps, 25,00 ...
. Also, in 2007, Paramount sold another one of its "heritage" units,
Famous Music Famous Music Corporation was the worldwide music publishing division of Paramount Pictures, a division of Paramount Global since 1994. Its copyright holdings span several decades and includes music from such Academy Award-winning motion pictures ...
, to
Sony/ATV Music Publishing Sony Music Publishing (formerly Sony/ATV Music Publishing) is the largest music publisher in the world, with over five million songs owned or administered as of end March 2021. US-based, it is part of the Sony Music Group, which is itself owned ...
(best known for publishing many songs by
The Beatles The Beatles were an English Rock music, rock band, formed in Liverpool in 1960, that comprised John Lennon, Paul McCartney, George Harrison and Ringo Starr. They are regarded as the Cultural impact of the Beatles, most influential band of al ...
, and for being co-owned by
Michael Jackson Michael Joseph Jackson (August 29, 1958 – June 25, 2009) was an American singer, songwriter, dancer, and philanthropist. Dubbed the " King of Pop", he is regarded as one of the most significant cultural figures of the 20th century. Over ...
), ending a nearly-eight-decade run as a division of Paramount, being the studio's music publishing arm since the period when the entire company went by the name "Famous Players". In early 2008, Paramount partnered with Los Angeles-based developer FanRocket to make short scenes taken from its film library available to users on Facebook. The application, called VooZoo, allows users to send movie clips to other Facebook users and to post clips on their profile pages. Paramount engineered a similar deal with Makena Technologies to allow users of vMTV and There.com to view and send movie clips. In March 2010, Paramount founded
Insurge Pictures Insurge Pictures was an American production company that was the specialty label belonging to the American film studio Paramount Pictures. Beginnings In March 2010, it was announced that Paramount Pictures would launch a new division named ''Insu ...
, an independent distributor of "micro budget" films. The distributor planned ten movies with budgets of $100,000 each. The first release was '' The Devil Inside'', a movie with a budget of about US$1 million. In March 2015, following waning box office returns, Paramount shuttered Insurge Pictures and moved its operations to the main studio. In July 2011, in the wake of critical and box office success of the animated feature, '' Rango'', and the departure of DreamWorks Animation upon completion of their distribution contract in 2012, Paramount announced the formation of a new division, devoted to the creation of animated productions. It marks Paramount's return to having its own animated division for the first time since 1967, when Paramount Cartoon Studios shut down (it was formerly
Famous Studios Famous Studios (renamed Paramount Cartoon Studios in 1956) was the first animation division of the film studio Paramount Pictures from 1942 to 1967. Famous was founded as a successor company to Fleischer Studios, after Paramount seized control ...
until 1956). In December 2013, Walt Disney Studios (via its
parent company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...
's purchase of
Lucasfilm Lucasfilm Ltd. LLC is an American film and television production company and a subsidiary of Walt Disney Studios, which is a business segment of The Walt Disney Company. The studio is best known for creating and producing the '' Star Wars'' and ...
a year earlier) gained Paramount's remaining distribution and marketing rights to future ''
Indiana Jones ''Indiana Jones'' is an American media franchise based on the adventures of Dr. Henry Walton "Indiana" Jones, Jr., a fictional professor of archaeology, that began in 1981 with the film '' Raiders of the Lost Ark''. In 1984, a prequel, '' Th ...
'' films. Paramount will permanently retain the distribution rights to the first four films and will receive "financial participation" from any additional films. In February 2016, Viacom CEO and newly appointed chairman Philippe Dauman announced that the conglomerate is in talks to find an investor to purchase a minority stake in Paramount. Sumner Redstone and his daughter Shari are reportedly opposed with the deal. On July 13, 2016,
Wanda Group Wanda Group (), or the Dalian Wanda Group (), is a Chinese multinational conglomerate founded in Dalian, Liaoning and headquartered in Beijing. It is a private property developer and owner of Wanda Cinemas and the Hoyts Group. With inv ...
was in talks to acquire a 49% stake of Paramount. The talks with Wanda were dropped. On January 19, 2017, Shanghai Film Group Corp. and Huahua Media said they would finance at least 25% of all Paramount Pictures movies over a three-year period. Shanghai Film Group and Huahua Media, in the deal, would help distribute and market Paramount's features in China. At the time, the ''Wall Street Journal'' wrote that "nearly every major Hollywood studio has a co-financing deal with a Chinese company." On March 27, 2017,
Jim Gianopulos James N. Gianopulos ( el, Δημήτρης Γιαννόπουλος) is an American businessman. He served as the head of 20th Century Fox and most recently as the chairman and chief executive officer (CEO) of Paramount Pictures until his ouster i ...
was named as a chairman and CEO of Paramount Pictures, replacing Brad Grey. In June 2017, Paramount Players was formed by the studio with the hiring of Brian Robbins, founder of AwesomenessTV, Tollin/Robbins Productions and Varsity Pictures, as the division's president. The division was expected to produce films based on the
Viacom Media Networks Paramount Media Networks (formerly known as Warner Cable Communications, Warner-Amex Satellite Entertainment, MTV Networks, Viacom Media Networks, and ViacomCBS Domestic Media Networks) is an American mass media division of Paramount Global tha ...
properties including
MTV MTV (Originally an initialism of Music Television) is an American cable channel that launched on August 1, 1981. Based in New York City, it serves as the flagship property of the MTV Entertainment Group, part of Paramount Media Networks, a di ...
,
Nickelodeon Nickelodeon (often shortened to Nick) is an American pay television channel which launched on April 1, 1979, as the first cable channel for children. It is run by Paramount Global through its networks division's Kids and Family Group. It ...
,
BET Black Entertainment Television (acronym BET) is an American basic cable channel targeting African-American audiences. It is owned by the CBS Entertainment Group unit of Paramount Global via BET Networks and has offices in New York City, Los ...
and Comedy Central. In June 2017, Paramount Pictures signed a deal with
20th Century Fox 20th Century Studios, Inc. (previously known as 20th Century Fox) is an American film production company headquartered at the Fox Studio Lot in the Century City area of Los Angeles. As of 2019, it serves as a film production arm of Walt Disn ...
for distribution of its films in Italy, which took effect on September. Prior to the deal, Paramount's films in Italy were distributed by
Universal Pictures Universal Pictures (legally Universal City Studios LLC, also known as Universal Studios, or simply Universal; common metonym: Uni, and formerly named Universal Film Manufacturing Company and Universal-International Pictures Inc.) is an Americ ...
. On December 7, 2017, it was reported that Paramount sold the international distribution rights of ''
Annihilation In particle physics, annihilation is the process that occurs when a subatomic particle collides with its respective antiparticle to produce other particles, such as an electron colliding with a positron to produce two photons. The total ener ...
'' to
Netflix Netflix, Inc. is an American subscription video on-demand over-the-top streaming service and production company based in Los Gatos, California. Founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California, it offers a ...
. Netflix subsequently bought the worldwide rights to ''
The Cloverfield Paradox ''The Cloverfield Paradox'' is a 2018 American science fiction horror film directed by Julius Onah and written by Oren Uziel, from a story by Uziel and Doug Jung, and produced by J. J. Abramss Bad Robot Productions. It is the third film in th ...
'' for $50 million. On November 16, 2018, Paramount signed a multi-picture film deal with Netflix as part of Viacom's growth strategy, making Paramount the first major film studio to do so. A sequel to
Awesomeness Films Awesomeness (abbreviation of AwesomenessTV) is an American-based film and television studio as well as a multi-channel based multilingual television network owned by Paramount Digital Studios, a division of Paramount Global. Established in June ...
' ''
To All the Boys I've Loved Before ''To All the Boys I've Loved Before'' is a 2014 young adult romance novel by American author Jenny Han, first published by Simon & Schuster and released on April 15, 2014. Han was inspired to write the book based on her own habit of writing lov ...
'' is currently in development at the studio for Netflix. In April 2018, Paramount posted its first quarterly profit since 2015.
Bob Bakish Robert Marc Bakish ( ; born December 14, 1963) is an American business executive. He has been President and CEO of Paramount Global since December 4, 2019, formerly holding the same position at Viacom before the merger with CBS Corporation. Ear ...
, CEO of parent Viacom, said in a statement that turnaround efforts "have firmly taken hold as the studio improved margins and returned to profitability. This month's outstanding box-office performance of '' A Quiet Place'', the first film produced and released under the new team at Paramount, is a clear sign of our progress." Gianopulos was fired in September 2021 and replaced by Nickelodeon president Brian Robbins. In January 2022, Paramount Pictures acquired the rights to
Tomi Adeyemi Tomi Adeyemi (born August 1, 1993) is a Nigerian-American novelist and creative writing coach. She is known for her novel '' Children of Blood and Bone'', the first in the ''Legacy of Orïsha'' trilogy published by Henry Holt Books for Young Rea ...
's young adult fantasy novel ''
Children of Blood and Bone ''Children of Blood and Bone'' is a 2018 young adult fantasy novel by Nigerian-American novelist Tomi Adeyemi. The book, Adeyemi's debut novel and the first book in a planned trilogy, follows heroine Zélie Adebola as she attempts to restore magi ...
'' from
Lucasfilm Lucasfilm Ltd. LLC is an American film and television production company and a subsidiary of Walt Disney Studios, which is a business segment of The Walt Disney Company. The studio is best known for creating and producing the '' Star Wars'' and ...
. As part of the acquisition, the film will have a guaranteed exclusive theatrical release while Adeyemi will write the screenplay and serve as executive producer. The film adaptation will also be produced by
Temple Hill Entertainment Temple Hill Entertainment or Temple Hill Productions is an American film and television production company, established in 2006 by producers Wyck Godfrey Wyck Godfrey is an American producer and executive. He is best known for producing ''The ...
and Sunswept Entertainment. On March 8, 2022, Paramount Players' operations were folded into Paramount Pictures Motion Picture Group. However, it will continue to operate as a label as it has several upcoming films on its slate. On November 15, 2022, Paramount entered a multi-year exclusive deal with former president of
DC Films DC Studios is an American film and television studio that is a division of Warner Bros., which is a subsidiary of Warner Bros. Discovery. It is dedicated to the production of films, series, and animations based on characters from DC Comics, ...
Walter Hamada Walter Hamada is an American film executive and producer. He joined New Line Cinema in 2007, where he served as an executive producer on horror films such as ''The Conjuring'' (2013), '' Annabelle'' (2014), ''The Conjuring 2'' (2016), '' Lights ...
. Hamada will oversee the development of horror films beginning in 2023.


CBS/Viacom re-merger

On September 29, 2016,
National Amusements National Amusements, Inc. is an American privately owned movie theater operator and mass media holding company incorporated in Maryland and based in Norwood, Massachusetts. It is the controlling shareholder of Paramount Global. History The ...
sent a letter to both CBS Corporation and Viacom, encouraging the two companies to re-merge back into one company. On December 12, the deal was called off. On May 30, 2019,
CNBC CNBC (formerly Consumer News and Business Channel) is an American basic cable business news channel. It provides business news programming on weekdays from 5:00 a.m. to 7:00 p.m., Eastern Time, while broadcasting talk s ...
reported that CBS and Viacom would explore merger discussions in mid-June 2019. Reports say that CBS and Viacom reportedly set August 8 as an informal deadline for reaching an agreement to recombine the two media companies. CBS announced to acquire Viacom as part of the re-merger for up to $15.4 billion. On August 2, 2019, the two companies agreed to remerge back into one entity, which was named ViacomCBS; the deal was closed on December 4, 2019. In December 2019, ViacomCBS agreed to purchase a 49% stake in
Miramax Miramax, LLC, also known as Miramax Films, is an American film and television production and distribution company founded on December 19, 1979, by brothers Harvey and Bob Weinstein, and based in Los Angeles, California. It was initially a lea ...
that was owned by
beIN Media Group beIN Media Group ( /ˈbiːɪn/; Arabic: مجموعة بي إن الإعلامية‎, ''Majmū‘at Bī’in al-I‘lāmiyyah'') is a state-owned global sport and entertainment network headquartered in Doha, Qatar. beIN distributes entertain ...
, with Paramount gaining the distribution of the studio's 700-film library as well as its future releases. Also, Paramount will produce television series based on Miramax's IPs. The deal officially closed on April 3, 2020. ViacomCBS later announced that it would rebrand the
CBS All Access Paramount+ is an American subscription video on-demand service owned by Paramount Global. The service's content is drawn primarily from the libraries of CBS Media Ventures (including CBS Studios), Paramount Media Networks (formerly Viacom Media ...
streaming service as Paramount+ to allow for international expansion using the widely recognized Paramount name and drawing from the studio's library as well as that of CBS, MTV, Nickelodeon, and more. On February 16, 2022, ViacomCBS changed its name to
Paramount Global Paramount Global ( doing business as Paramount) is an American multinational mass media and entertainment conglomerate owned and operated by National Amusements (79.4%) and headquartered at One Astor Plaza in Midtown Manhattan, New York. ...
, after the studio.


Investments


DreamWorks Pictures

In 2006, Paramount became the parent of
DreamWorks Pictures DreamWorks Pictures (also known as DreamWorks SKG and formerly DreamWorks Studios, commonly referred to as DreamWorks) is an American film company and distribution label of Amblin Partners. It was originally founded on October 12, 1994 as a liv ...
. Soros Strategic Partners and Dune Entertainment II soon afterwards acquired controlling interest in live-action films released through DreamWorks, with the release of '' Just Like Heaven'' on September 16, 2005. The remaining live-action films released until March 2006 remained under direct Paramount control. However, Paramount still owns distribution and other ancillary rights to Soros and Dune films. On February 8, 2010, Viacom repurchased Soros' controlling stake in DreamWorks' library of films released before 2005 for around $400 million. Even as DreamWorks switched distribution of live-action films not part of existing franchises to
Walt Disney Studios Motion Pictures Walt Disney Studios Motion Pictures, formerly known as Buena Vista Pictures Distribution, Inc. until 2007, is an American film distribution studio within the Disney Media and Entertainment Distribution division of The Walt Disney Company. It h ...
and later
Universal Pictures Universal Pictures (legally Universal City Studios LLC, also known as Universal Studios, or simply Universal; common metonym: Uni, and formerly named Universal Film Manufacturing Company and Universal-International Pictures Inc.) is an Americ ...
, Paramount continues to own the films released before the merger, and the films that Paramount themselves distributed, including
sequel A sequel is a work of literature, film, theatre, television, music or video game that continues the story of, or expands upon, some earlier work. In the common context of a narrative work of fiction, a sequel portrays events set in the same ...
rights such as that of '' Little Fockers'' (2010), distributed by Paramount and DreamWorks. It was a
sequel A sequel is a work of literature, film, theatre, television, music or video game that continues the story of, or expands upon, some earlier work. In the common context of a narrative work of fiction, a sequel portrays events set in the same ...
to two existing DreamWorks films, ''
Meet the Parents ''Meet the Parents'' is a 2000 American comedy film written by Jim Herzfeld and John Hamburg and directed by Jay Roach. It chronicles a series of unfortunate events that befall a good-hearted but hapless nurse ( Ben Stiller as Greg Focker) while ...
'' (2000) and ''
Meet the Fockers ''Meet the Fockers'' is a 2004 American comedy film directed by Jay Roach and the sequel to the 2000 film ''Meet the Parents''. The film stars Robert De Niro (who was also one of the film's producers), Ben Stiller, Dustin Hoffman, Barbra Streis ...
'' (2004). (Paramount only owned the international distribution rights to ''Little Fockers'', whereas
Universal Pictures Universal Pictures (legally Universal City Studios LLC, also known as Universal Studios, or simply Universal; common metonym: Uni, and formerly named Universal Film Manufacturing Company and Universal-International Pictures Inc.) is an Americ ...
handled domestic distribution). Paramount also owned distribution rights to the
DreamWorks Animation DreamWorks Animation LLC (DWA, also known as DreamWorks Animation Studios and simply known as DreamWorks) is an American animation studio that produces animated films and television programs and is a subsidiary of Universal Pictures, a divisio ...
library of films made before 2013, and their previous distribution deal with future DWA titles expired at the end of 2012, with '' Rise of the Guardians''.
20th Century Fox 20th Century Studios, Inc. (previously known as 20th Century Fox) is an American film production company headquartered at the Fox Studio Lot in the Century City area of Los Angeles. As of 2019, it serves as a film production arm of Walt Disn ...
took over distribution for post-2012 titles beginning with '' The Croods'' (2013) and ending with '' Captain Underpants: The First Epic Movie'' (2017). Universal Pictures subsequently took over distribution for DreamWorks Animation's films beginning with '' How to Train Your Dragon: The Hidden World'' (2019) due to
NBCUniversal NBCUniversal Media, LLC is an American multinational mass media and entertainment conglomerate corporation owned by Comcast and headquartered at 30 Rockefeller Plaza in Midtown Manhattan, New York City, United States. NBCUniversal is primar ...
's acquisition of the company in 2016. Paramount's rights to the 1998–2012 DWA library would have expired 16 years after each film's initial theatrical release date, but in July 2014, DreamWorks Animation purchased Paramount's distribution rights to the pre-2013 library, with 20th Century Fox distributing the library until January 2018, which Universal then assumed ownership of distribution rights. Another asset of the former DreamWorks owned by Paramount is the pre-2008
DreamWorks Television DreamWorks Television was an American television distribution and production company based in Universal City, California, that was a division of DreamWorks. It folded into Amblin Television in 2013. History DreamWorks Television was formed ...
library, which is currently distributed by Paramount's sister company
CBS Media Ventures CBS Media Ventures, Inc. (formerly CBS Television Distribution, Inc. and CBS Paramount Domestic Television, Inc.) is an American television distribution company owned by CBS Studios, part of CBS Entertainment Group, a division of Paramount Glob ...
; it includes ''
Spin City ''Spin City'' is an American sitcom television series that aired from September 17, 1996 to April 30, 2002, on ABC. Created by Gary David Goldberg and Bill Lawrence, the show is set in a semi-fictionalized version of the New York City mayor' ...
'', ''
High Incident ''High Incident'' was a police drama television series produced by DreamWorks Television for the ABC network. The show was created by Steven Spielberg, Michael Pavone, Eric Bogosian, and Dave Alan Johnson. It aired from March 4, 1996, to May ...
'', '' Freaks and Geeks'', ''
Undeclared ''Undeclared'' is an American sitcom created by Judd Apatow, which aired on Fox during the 2001–02 season. The show has developed a cult following, and in 2012, ''Entertainment Weekly'' listed it at #16 in the "25 Best Cult TV Shows from the ...
'' and ''
On the Lot ''On the Lot'' is a single season reality show and online competition for filmmaking, produced by Steven Spielberg, Mark Burnett and David Goffin. The show, which aired on Fox, featured filmmakers competing in weekly elimination competitions, wi ...
''.


CBS library

Independent company Hollywood Classics represents Paramount with the theatrical distribution of all the films produced by the various motion picture divisions of CBS over the years, as a result of the Viacom/CBS merger. Paramount has outright video distribution to the aforementioned CBS library with some exceptions; less-demanded content is usually released manufactured-on-demand by CBS themselves or licensed to Visual Entertainment Inc. As of the 2019 Viacom/CBS merger, this library now includes the theatrical distribution of
Terrytoons Terrytoons was an American animation studio in New Rochelle, New York, that produced animated cartoons for theatrical release from 1929 to 1973 (and briefly returned between 1987 and 1996 for television in name only). Terrytoons was founded by P ...
short films on behalf of
Paramount Animation Paramount Animation is an American animation studio, serving as the animation division and label of Paramount Pictures, a subsidiary of Paramount Global. The division was founded on July 6, 2011, following the box office success of Paramount's ow ...
, while
CBS Media Ventures CBS Media Ventures, Inc. (formerly CBS Television Distribution, Inc. and CBS Paramount Domestic Television, Inc.) is an American television distribution company owned by CBS Studios, part of CBS Entertainment Group, a division of Paramount Glob ...
owns the television distribution. Until 2009, the video rights to ''
My Fair Lady ''My Fair Lady'' is a musical based on George Bernard Shaw's 1913 play '' Pygmalion'', with a book and lyrics by Alan Jay Lerner and music by Frederick Loewe. The story concerns Eliza Doolittle, a Cockney flower girl who takes speech lessons ...
'' were with original theatrical distributor Warner Bros., under license from CBS (the video license to that film has now reverted to Paramount).


Units


Divisions

* Paramount Pictures ** Paramount Home Entertainment ** Paramount Licensing, Inc. ** Paramount Pictures International ** Paramount Players ***
Nickelodeon Movies Nickelodeon Movies is the film production arm of American children's network Nickelodeon and the family film distribution label of Paramount Pictures launched on February 25, 1995 and based in Los Angeles, California. The division has earned n ...
***
BET Films Black Entertainment Television (acronym BET) is an American basic cable television channel, channel targeting African Americans, African-American audiences. It is owned by the CBS Entertainment Group unit of Paramount Global via BET Networks a ...
** Paramount Studio Group – physical studio and post production *** The Studios at Paramount – production facilities & lot *** Paramount on Location – production support facilities throughout North America including New York City, Vancouver, and Atlanta *** Worldwide Technical Operations – archives, restoration and preservation programs, the mastering and distribution fulfillment services, on-lot post production facilities management ** Paramount Parks & Resorts, licensing and design for parks and resorts *
Paramount Animation Paramount Animation is an American animation studio, serving as the animation division and label of Paramount Pictures, a subsidiary of Paramount Global. The division was founded on July 6, 2011, following the box office success of Paramount's ow ...
(2011–present) * Paramount Music


Joint ventures

*
Miramax Miramax, LLC, also known as Miramax Films, is an American film and television production and distribution company founded on December 19, 1979, by brothers Harvey and Bob Weinstein, and based in Los Angeles, California. It was initially a lea ...
(co-owned with
beIN Media Group beIN Media Group ( /ˈbiːɪn/; Arabic: مجموعة بي إن الإعلامية‎, ''Majmū‘at Bī’in al-I‘lāmiyyah'') is a state-owned global sport and entertainment network headquartered in Doha, Qatar. beIN distributes entertain ...
) ** Miramax Television **
Miramax Family Miramax, LLC, also known as Miramax Films, is an American film and television production and distribution company founded on December 19, 1979, by brothers Harvey and Bob Weinstein, and based in Los Angeles, California. It was initially a lea ...
** Miramax Animation *
United International Pictures United International Pictures (UIP) is a joint venture of Paramount Pictures and Universal Pictures that distributes their films outside the United States and Canada. UIP also had international distribution rights to certain Metro-Goldwyn-Mayer an ...
(co-owned with
Comcast Comcast Corporation (formerly known as American Cable Systems and Comcast Holdings),Before the AT&T merger in 2001, the parent company was Comcast Holdings Corporation. Comcast Holdings Corporation now refers to a subsidiary of Comcast Corpora ...
's
Universal Pictures Universal Pictures (legally Universal City Studios LLC, also known as Universal Studios, or simply Universal; common metonym: Uni, and formerly named Universal Film Manufacturing Company and Universal-International Pictures Inc.) is an Americ ...
) *
Rede Telecine Rede Telecine (''" heTelecine Network '') is a Brazilian premium television network owned by Canais Globo, a division of Grupo Globo, jointly with Hollywood studios Paramount Pictures, Universal Pictures, Metro-Goldwyn-Mayer, and Walt Di ...


Former divisions, subsidiaries, and joint ventures

*
Paramount Digital Entertainment Paramount Digital Entertainment, Inc. (formerly known as ''Paramount Interactive'') was a subsidiary of Paramount Pictures Paramount Pictures Corporation is an American film and television production company, production and Distribution (ma ...
(Dormant) *
Paramount Television (original) The original incarnation of Paramount Television was the name of the television production division of the American film studio Paramount Pictures, that was responsible for the production of Viacom television programs, until it changed its na ...
(now
CBS Studios CBS Studios, Inc. is an American television production company which is a subsidiary of CBS Entertainment Group unit of Paramount Global. It was formed on January 17, 2006, by CBS Corporation as CBS Paramount Television, as a renaming of the ...
) **
Big Ticket Entertainment Big Ticket Television, Inc. (also known as Big Ticket Entertainment and Big Ticket Pictures) is an Emmy Award-winning American production company. Big Ticket is a subsidiary of CBS Studios (formerly CBS Paramount Television and CBS Television Stud ...
(semi-in-name-only since 2006; currently produces ''
Judge Judy ''Judge Judy'' is an American arbitration-based reality court show presided over by former Manhattan Family Court Judge Judith Sheindlin. The show featured Sheindlin as she adjudicated real-life small-claims disputes within a simulated courtr ...
'' and '' Hot Bench'') **
Spelling Television Spelling Television Inc. was an American television production company that went through several name changes. It was originally called Aaron Spelling Productions, then Spelling Entertainment Inc. and eventually part of Spelling Entertainment Gro ...
(in-name-only since 2006) **
Viacom Productions Viacom Productions (formerly Viacom Enterprises) was a television production arm of Viacom International. The division was active from 1974 until 2004, when the company was folded into Paramount Network Television 10 years following Viacom's a ...
(folded into PNT in 2004) ** Wilshire Court Productions (shut down in 2003) **
Paramount Domestic Television Paramount Domestic Television (PDT) was the television distribution arm of American television production company Paramount Television, once the TV arm of Paramount Pictures. It was formed in 1982 originally as Paramount Domestic Television and V ...
(now
CBS Media Ventures CBS Media Ventures, Inc. (formerly CBS Television Distribution, Inc. and CBS Paramount Domestic Television, Inc.) is an American television distribution company owned by CBS Studios, part of CBS Entertainment Group, a division of Paramount Glob ...
) *** Folded Viacom Enterprises in 1995 and
Rysher Entertainment Rysher Entertainment, Inc. was an American film and television production company and distributor. It has its roots dating back to 1949 as Bing Crosby Productions, and was best known for the sitcom '' Hogan's Heroes'' and the medical drama '' B ...
and
Worldvision Enterprises Worldvision Enterprises, Inc. was an American television program and home video distributor established in 1954 as ABC Film Syndication, the domestic and overseas program distribution arm of the ABC Television Network. They primarily licensed ...
in 1999 *** RTV News, Inc., producer of '' Real TV'' and ''
Maximum Exposure ''Maximum Exposure'' (also known as ''Max X'') is an American reality TV program showcasing video clips on a variety of subjects. It ran from October 7, 2000 until May 25, 2002. As its various slogans attest, the show was targeted at teens and y ...
'' ** United Paramount Network (UPN) – formerly a joint venture with
United Television BHC Communications, Inc. was the holding company for the broadcast property of Chris-Craft Industries. BHC stands for "broadcasting holding company". History The firm was originally incorporated in 1977 as BHC, Incorporated by Chris-Craft Ind ...
, now part of the CBS/WarnerMedia joint venture
The CW Television Network ''The'' () is a grammatical article in English, denoting persons or things already mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the m ...
**
Paramount Stations Group Paramount Stations Group (sometimes abbreviated as PSG) was a company that controlled a group of American broadcast television stations. The company existed from 1991 until 2001. History Paramount Communications, the then-parent company of Par ...
(now
CBS Television Stations CBS News and Stations (formerly CBS Television Stations) is a division of the CBS Entertainment Group unit of Paramount Global that owns and operates a group of American television stations. , Paramount owns 28 stations, broken down as follows ...
) **
USA Network USA Network (simply USA) is an American basic cable television channel owned by the NBCUniversal Television and Streaming division of Comcast's NBCUniversal through NBCUniversal Cable Entertainment. It was originally launched in 1977 as Madi ...
s (also including the
Sci-Fi Channel Syfy (formerly Sci-Fi Channel, later shortened to Sci Fi; stylized as SYFY) is an American basic cable channel owned by the NBCUniversal Television and Streaming division of Comcast's NBCUniversal through NBCUniversal Cable Entertainment. ...
) – Paramount owned a stake starting in 1982, 50% owner (with
Universal Pictures Universal Pictures (legally Universal City Studios LLC, also known as Universal Studios, or simply Universal; common metonym: Uni, and formerly named Universal Film Manufacturing Company and Universal-International Pictures Inc.) is an Americ ...
) from 1987 until 1997, when Paramount/Viacom sold their stake to Universal (now part of
NBCUniversal NBCUniversal Media, LLC is an American multinational mass media and entertainment conglomerate corporation owned by Comcast and headquartered at 30 Rockefeller Plaza in Midtown Manhattan, New York City, United States. NBCUniversal is primar ...
) ** Paramount International Television (merged with CBS Broadcast International in 2004 to form
CBS Studios International Paramount Global Distribution Group or Paramount Global Content Distribution is the international television distribution arm of American media conglomerate, Paramount Global, originally established in 1962 as the international distribution divis ...
) *
Fleischer Studios Fleischer Studios () is an American animation studio founded in 1929 by brothers Max and Dave Fleischer, who ran the pioneering company from its inception until its acquisition by Paramount Pictures, the parent company and the distributor of ...
– purchased in 1942 and organized as
Famous Studios Famous Studios (renamed Paramount Cartoon Studios in 1956) was the first animation division of the film studio Paramount Pictures from 1942 to 1967. Famous was founded as a successor company to Fleischer Studios, after Paramount seized control ...
(which shut down in 1967); library folded into
Paramount Animation Paramount Animation is an American animation studio, serving as the animation division and label of Paramount Pictures, a subsidiary of Paramount Global. The division was founded on July 6, 2011, following the box office success of Paramount's ow ...
. *
Terrytoons Terrytoons was an American animation studio in New Rochelle, New York, that produced animated cartoons for theatrical release from 1929 to 1973 (and briefly returned between 1987 and 1996 for television in name only). Terrytoons was founded by P ...
– purchased by
CBS Films CBS Films Inc. was an American film production and distribution company founded in 2007 as a subsidiary of CBS Corporation and was considered a mini-major studio up until 2019. CBS Films originally was planned to distribute, develop and prod ...
(later Viacom International) in 1956; theatrical library moved to
Paramount Animation Paramount Animation is an American animation studio, serving as the animation division and label of Paramount Pictures, a subsidiary of Paramount Global. The division was founded on July 6, 2011, following the box office success of Paramount's ow ...
following re-merger of ViacomCBS in 2019. *
Paramount Famous Productions Paramount Famous Productions was a made-for-home entertainment division of Paramount Pictures. It primarily developed home entertainment sequels to films from Paramount Pictures, DreamWorks Pictures (pre-2005 library), and other Paramount-relate ...
– direct-to-video division *
Paramount Parks Paramount Parks was the operator of Paramount's Kings Island, Paramount's Kings Dominion, Paramount's Great America, Paramount's Carowinds, and Paramount Canada's Wonderland, which annually attracted about 13 million patrons. National Amusemen ...
(Purchased by
Cedar Fair Entertainment Company Cedar Fair, L.P., formally Cedar Fair Entertainment Company, is a publicly traded master limited partnership headquartered at its Cedar Point amusement park in Sandusky, Ohio. The company owns and operates eleven amusement parks, nine included ...
in 2006) * Paramount Classics/Paramount Vantage – Paramount Classics merged into Paramount Vantage; the latter then went dormant in December 2013 * DW Studios, LLC (also DW Pictures) – defunct, holding film library and rights, principal officers left to recreate DreamWorks as an independent company ** DW Funding LLC – DreamWorks live-action library (pre-09/16/2005; DW Funding, LLC) sold to Soros Strategic Partners and Dune Entertainment II and purchased back in 2010 ** Go Fish PicturesArthouse/
Independent film An independent film, independent movie, indie film, or indie movie is a feature film or short film that is produced outside the major film studio system, in addition to being produced and distributed by independent entertainment companies (or, i ...
unit for used distributing DreamWorks Pictures foreign films; defunct in 2007 after parent company's sale * Paramount Theatres Limited – Founded 1930 in the United Kingdom with the opening of a cinema in
Manchester Manchester () is a city in Greater Manchester, England. It had a population of 552,000 in 2021. It is bordered by the Cheshire Plain to the south, the Pennines to the north and east, and the neighbouring city of Salford to the west. The ...
. Several Paramount Theatres had opened or had been acquired in the United Kingdom during the 1930s before being sold to
The Rank Organisation The Rank Organisation was a British entertainment conglomerate founded by industrialist J. Arthur Rank in April 1937. It quickly became the largest and most vertically integrated film company in the United Kingdom, owning production, distribut ...
becoming part of the
Odeon Cinemas Odeon, stylised as ODEON, is a cinema brand name operating in the United Kingdom, Ireland and Norway, which along with UCI Cinemas and Nordic Cinema Group is part of the Odeon Cinemas Group subsidiary of AMC Theatres. It uses the famous name ...
chain in 1939. *
Epix Epix (pronounced ''epics'' and stylized as P) is an American premium cable and satellite television network owned by the Epix Entertainment LLC subsidiary of Metro-Goldwyn-Mayer (MGM), a subsidiary of Amazon's MGM Holdings, Inc. The channel's ...
– 49.76% owner (with Metro–Goldwyn–Mayer and Lionsgate) from 2009 until 2017, when Paramount/Viacom and Lionsgate sold their stakes to MGM *
Insurge Pictures Insurge Pictures was an American production company that was the specialty label belonging to the American film studio Paramount Pictures. Beginnings In March 2010, it was announced that Paramount Pictures would launch a new division named ''Insu ...
– micro-budget film division (March 2010 – 2015); absorbed into Paramount itself * Republic Pictures * "Continental Café" – the commissary run by Pauline Kessinger until the cafe was replaced by the Adolph Zukor, Zukor Building in 1983.


Other interests

In March 2012, Paramount licensed their name and logo to a luxury hotel investment group which subsequently named the company Paramount Hotels and Resorts. The investors plan to build 50 hotels throughout the world based on the themes of Hollywood and the California lifestyle. Among the features are private screening rooms and the Paramount library available in the hotel rooms. In April 2013, Paramount Hotels and Dubai-based DAMAC Properties announced the building of the first resort: "DAMAC Towers by Paramount."


Logo

The distinctively pyramidal Paramount mountain has been the mainstay of the company's production logo since its inception and is the oldest surviving Hollywood film logo. In the sound era, the logo was accompanied by a fanfare called ''Paramount on Parade'' after the film of the same name, released in 1930. The words to the fanfare, originally sung in the 1930 film, were "Proud of the crowd that will never be loud, it's Paramount on Parade." Legend has it that the mountain is based on a doodle made by W. W. Hodkinson during a meeting with
Adolph Zukor Adolph Zukor (; hu, Zukor Adolf; January 7, 1873 – June 10, 1976) was a Hungarian-American film producer best known as one of the three founders of Paramount Pictures.Obituary '' Variety'' (June 16, 1976), p. 76. He produced one of America' ...
. It is said to be based on the memories of his childhood in Utah. Some claim that Utah's Ben Lomond Mountain (Utah), Ben Lomond is the mountain Hodkinson doodled, and that Peru's Artesonraju is the mountain in the live-action logo, while others claim that the Italian side of Monte Viso, Monviso inspired the logo. Some editions of the logo bear a striking resemblance to the Pfeifferhorn, another Wasatch Range peak, and to the Matterhorn on the border between Switzerland and Italy. Mount Huntington (Alaska), Mount Huntington in Alaska also bears a striking resemblance. The motion picture logo has gone through many changes over the years: * The logo began as a somewhat indistinct charcoal rendering of the mountain ringed with superimposed stars. The logo originally had twenty-four stars, as a tribute to Star system (filmmaking), the then current system of contracts for actors, since Paramount had twenty-four stars signed at the time. * In 1951, the logo was redesigned as a matte painting created by Jan Domela. * A newer, more realistic-looking logo debuted in 1953 for Paramount films made in 3D. It was reworked in early-to-mid 1954 for Paramount films made in widescreen process VistaVision. The text ''VistaVision – Motion Picture High Fidelity'' was often imposed over the Paramount logo briefly before dissolving into the title sequence. In early 1968, the text "A Paramount Picture/Release" was shortened to "Paramount", the byline ''A Gulf+Western Company'' appeared on the bottom, and the number of stars being reduced to 22. In 1974, another redesign was made, with the Paramount text and Gulf+Western byline appearing in different fonts. * In September 1975, the logo was simplified in a shade of blue, adopting the modified design of the 1968 print logo, which was in use for many decades afterward. A version of the print logo had been in use by Paramount Television since 1968. * A Black and White Paramount Pictures logo "A Paramount Picture" appeared in the live action film,
Popeye Popeye the Sailor Man is a fictional cartoon character created by Elzie Crisler Segar.Paramount Players and
Paramount Animation Paramount Animation is an American animation studio, serving as the animation division and label of Paramount Pictures, a subsidiary of Paramount Global. The division was founded on July 6, 2011, following the box office success of Paramount's ow ...
logos, as well as the Paramount Television Studios logo, which is also used for the Paramount Network Original Productions logo with ''68 Whiskey''. * The word "Pictures" was restored to the bottom of the Paramount logo in 2022 after ViacomCBS took on the Paramount name and branding for its entire operation.


Studio tours

Paramount Studios offers tours of their studios. The 2-hour Studio Tour offers, as the name implies, a regular tour of the studio. The stages where ''Samson and Delilah (1949 film), Samson and Delilah'', ''Sunset Boulevard (film), Sunset Blvd.'', ''White Christmas (film), White Christmas'', ''Rear Window'', ''Sabrina (1954 film), Sabrina'', ''Breakfast at Tiffany's (film), Breakfast at Tiffany's'', and many other classic films were shot are still in use today. The studio's backlot features numerous blocks of façades that depict a number of New York City locales, such as "Washington Square", "Brooklyn", and "Financial District". The After Dark Tour involves a tour of the Hollywood Forever Cemetery.


Film library

A few years after the ruling of the '' United States v. Paramount Pictures, Inc.'' case in 1948, Music Corporation of America (
MCA MCA may refer to: Astronomy * Mars-crossing asteroid, an asteroid whose orbit crosses that of Mars Aviation * Minimum crossing altitude, a minimum obstacle crossing altitude for fixes on published airways * Medium Combat Aircraft, a 5th gen ...
) approached Paramount offering $50 million for 750 sound feature films released prior to December 1, 1949, with payment to be spread over a period of several years. Paramount saw this as a bargain since the fleeting movie studio saw very little value in its library of old films at the time. To address any antitrust concerns, MCA set up
EMKA, Ltd. EMKA Limited is a division of Universal Television with the sole function of overseeing the 1929–1949 Paramount Pictures sound feature film library. History A few years after the ruling of the ''United States v. Paramount Pictures, Inc.'' ...
as a dummy corporation to sell these films to television. EMKA's/Universal Television's library includes the five Paramount
Marx Brothers The Marx Brothers were an American family comedy act that was successful in vaudeville, on Broadway, and in motion pictures from 1905 to 1949. Five of the Marx Brothers' thirteen feature films were selected by the American Film Institute (AFI) ...
films, most of the Bob Hope–Bing Crosby ''Road to...'' pictures, and other classics such as ''Trouble in Paradise (1932 film), Trouble in Paradise'', ''Shanghai Express (film), Shanghai Express'', '' She Done Him Wrong'', ''Sullivan's Travels'', ''The Palm Beach Story'', ''For Whom the Bell Tolls (film), For Whom the Bell Tolls'', ''Double Indemnity'', ''The Lost Weekend (film), The Lost Weekend'', and ''The Heiress''. The studio has produced many critically acclaimed films such as ''
Titanic RMS ''Titanic'' was a British passenger liner, operated by the White Star Line, which sank in the North Atlantic Ocean on 15 April 1912 after striking an iceberg during her maiden voyage from Southampton, England, to New York City, Unite ...
'', '' Footloose'', ''Breakfast at Tiffany's (film), Breakfast at Tiffany's'', ''Braveheart'', ''
Ghost A ghost is the soul or spirit of a dead person or animal that is believed to be able to appear to the living. In ghostlore, descriptions of ghosts vary widely from an invisible presence to translucent or barely visible wispy shapes, to re ...
'', ''The Truman Show'', ''Mean Girls'', ''Psycho (1960 film), Psycho'', ''Rocketman (film), Rocketman'', ''Ferris Bueller's Day Off'', ''The Curious Case of Benjamin Button (film), The Curious Case of Benjamin Button'', ''Days of Thunder'', '' Rosemary's Baby'', ''Sunset Boulevard (1950 film), Sunset Boulevard'', ''Forrest Gump (film), Forrest Gump'', ''
Coming to America ''Coming to America'' is a 1988 American romantic comedy film directed by John Landis and based on a story originally created by Eddie Murphy, who also stars in the lead role. The film also co-stars Arsenio Hall, James Earl Jones, Shari Hea ...
'', ''World War Z (film), World War Z'', ''Babel (film), Babel'', ''The Conversation (film), The Conversation'', ''The Fighter (2010 film), The Fighter'', ''Interstellar (film), Interstellar'', ''
Terms of Endearment ''Terms of Endearment'' is a 1983 American family comedy-drama film directed, written, and produced by James L. Brooks, adapted from Larry McMurtry's 1975 novel of the same name. It stars Debra Winger, Shirley MacLaine, Jack Nicholson, Dann ...
'', ''The Wolf of Wall Street (2013 film), The Wolf of Wall Street'' and '' A Quiet Place''; as well as the ''The Godfather (film series), Godfather'', ''
Star Trek ''Star Trek'' is an American science fiction media franchise created by Gene Roddenberry, which began with the eponymous 1960s television series and quickly became a worldwide pop-culture phenomenon. The franchise has expanded into vari ...
'', and ''Mission: Impossible (film series), Mission: Impossible'' film series.


Film series


Highest-grossing films

—Includes theatrical reissue(s).


Controversy

On July 31, 2018, Paramount was targeted by the National Hispanic Media Coalition and the National Latino Media Council, which have both claimed that the studio has the worst track record of hiring Latino and Hispanic talent both in front of and behind the camera (the last Paramount film directed by a Spanish director was ''Rings (2017 film), Rings'' in 2017). In response to the controversy, Paramount released the statement: "We recently met with NHMC in a good faith effort to see how we could partner as we further drive Paramount's culture of diversity, inclusion, and belonging. Under our new leadership team, we continue to make progress — including ensuring representation in front of and behind the camera in upcoming films such as ''Dora and the Lost City of Gold, Dora the Explorer'', ''Instant Family'', ''Bumblebee (film), Bumblebee'', and ''Like a Boss (film), Limited Partners'' – and welcome the opportunity to build and strengthen relationships with the Latino creative community further." The NHMC protested at the Paramount Pictures lot on August 25. More than 60 protesters attended, while chanting "Latinos excluded, time to be included!". NHMC president and CEO Alex Nogales vowed to continue the boycott until the studio signed a memorandum of understanding. On October 17, the NHMC protested at the Paramount film lot for the second time in two months, with 75 protesters attending. The leaders delivered a petition signed by 12,307 people and addressed it to Jim Gianopulos.


See also

*
CBS Studios CBS Studios, Inc. is an American television production company which is a subsidiary of CBS Entertainment Group unit of Paramount Global. It was formed on January 17, 2006, by CBS Corporation as CBS Paramount Television, as a renaming of the ...
* Paramount Television Studios * List of Paramount executives * List of Paramount Global television programs


Notes

# The film grossed $2,186,772,302 worldwide, but the $1,528,100,000 of the film's box office belong to
20th Century Fox 20th Century Studios, Inc. (previously known as 20th Century Fox) is an American film production company headquartered at the Fox Studio Lot in the Century City area of Los Angeles. As of 2019, it serves as a film production arm of Walt Disn ...
, which released the film internationally, Paramount owns North American distribution only. # In July 2014, the film's distribution rights were purchased by
DreamWorks Animation DreamWorks Animation LLC (DWA, also known as DreamWorks Animation Studios and simply known as DreamWorks) is an American animation studio that produces animated films and television programs and is a subsidiary of Universal Pictures, a divisio ...
from Paramount and transferred to
20th Century Fox 20th Century Studios, Inc. (previously known as 20th Century Fox) is an American film production company headquartered at the Fox Studio Lot in the Century City area of Los Angeles. As of 2019, it serves as a film production arm of Walt Disn ...
. In January 2018, they were transferred to
Universal Pictures Universal Pictures (legally Universal City Studios LLC, also known as Universal Studios, or simply Universal; common metonym: Uni, and formerly named Universal Film Manufacturing Company and Universal-International Pictures Inc.) is an Americ ...
. # In July 2013, the film's distribution rights were transferred from Paramount to Walt Disney Studios (division), The Walt Disney Studios.


References


Further reading

* A. Scott Berg, Berg, A. Scott. ''Goldwyn''. New York: Alfred A. Knopf, 1989. * DeMille, Cecil B. ''Autobiography''. Englewood Cliffs, NJ: Prentice-Hall, 1959. * Dick, Bernard F. ''Engulfed: the death of Paramount Pictures and the birth of corporate Hollywood''. Lexington, Kentucky: University of Press Kentucky Scholarly, 2001. * Eames, John Douglas, with additional text by Robert Abele. ''The Paramount Story: The Complete History of the Studio and Its Films''. New York: Simon & Schuster, 2002. * Robert Evans, Evans, Robert. ''The Kid Stays in the Picture''. New York: Hyperion Press, 1994. * Neal Gabler, Gabler, Neal. ''An Empire of Their Own: How the Jews Invented Hollywood''. New York: Crown Publishers, 1988. * Lasky, Jesse L. with Don Weldon, ''I Blow My Own Horn''. Garden City NY: Doubleday, 1957. * Mordden, Ethan. ''The Hollywood Studios''. New York: Alfred A. Knopf, 1988. * Schatz, Thomas. ''The Genius of the System.'' New York: Pantheon, 1988. * Sklar, Robert. ''Movie-Made America''. New York: Vintage, 1989. * Zukor, Adolph, with Dale Kramer. ''The Public Is Never Wrong: The Autobiography of Adolph Zukor.'' New York: G.P. Putnam's Sons, 1953.


External links

* *
Leo Morgan Paramount Publix and Strand Theatre materials, 1926–1947
held by the Billy Rose Theatre Division, New York Public Library for the Performing Arts {{Authority control Paramount Pictures, Film studios in Southern California Film distributors of the United States Film production companies of the United States Companies based in Los Angeles Entertainment companies based in California Culture of Hollywood, Los Angeles Landmarks in California American companies established in 1912 Entertainment companies established in 1912 Mass media companies established in 1912 1912 establishments in California Former components of the Dow Jones Industrial Average Gulf and Western Industries Paramount Global subsidiaries Recipients of the Scientific and Technical Academy Award of Merit Articles containing video clips Academy Award for Technical Achievement winners American corporate subsidiaries Major film studios