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.
In
2014, Paramount Pictures was the first major Hollywood studio to distribute all
its films in digital-form only
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 studio still headquartered in the Hollywood district of Los Angeles.
To date, Paramount Pictures have made 153 movies since 1912. It has distributed several successful film series, such as Transformers, Mission: Impossible, Marvel Cinematic Universe, Indiana Jones, The Godfather, Star Trek, Jack Ryan, Jackass, The Bad News Bears, Beverly Hills Cop, "Crocodile" Dundee, Paranormal Activity, Friday the 13th and G.I. Joe.
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) 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
Paramount Pictures
is noteworthy for having five films that have surpassed the $1-billion-mark in
wordwide box office sales:
- Titanic (1997 - $1,843,201,268)
- Marvel’s The Avengers (2012 - $1,511,757,910)
- Iron Man 3 (2013 - $1,125,439,994)
- Transformers: Dark of the Moon (2011 -
$1,123,794,079)
- Transformers: Age of Extinction (2014 -
$1,065,153,989)
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