Wednesday, 28 January 2015

Paramount Pictures.

Paramount Pictures Corporation (commonly known as Paramount Pictures or simply Paramount, and formerly known as Famous Players-Lasky Corporation) is a film studio, television production company and motion picture distributor, consistently ranked as one of the "Big Six" film studios of Hollywood. It is a subsidiary of US media conglomerate Viacom. Paramount is a member of the Motion Picture Association of America (MPAA). It has distributed several successful film series, such as Transformers, Mission: Impossible and the Universe series.

Paramount is the fifth oldest surviving film studio in the world after Gaumont Film Company (1895), Pathé (1896), Nordisk Film, (1906), and Universal Studios. It is the last major film studiostill headquartered in the Hollywood district of Los Angeles.

Paramount Pictures is noteworthy for having three films that have surpassed the $1-billion-mark in worldwide box office sales:
·         Titanic (1997; $2,186,800,000)
·         Transformers: Dark of the Moon (2011; $1,123,794,079)
·         Transformers: Age of Extinction (2014; $1,065,153,989)

In 2006, Paramount became the parent of DreamWorks SKG. Soros Strategic Partners and Dune Entertainment II soon afterwards acquired controlling interest in the live-action films released through September 16, 2005, the latest film in this package was Just Like Heaven. The remaining live-action films through March 2006 remained under direct Paramount control. However, Paramount does own distribution (and other ancillary) rights to the Soros/Dune films.

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