Paramount Pictures Corporation is an American motion picture production and distribution company and is owned by Viacom. It was founded in 1912 by Hungarian-born Adolph Zukor and is the oldest running movie studio In Hollywood. Its rivals are Time Warner’s Warner Bros. It comes before Universal Studios also founded in 1912 and Warner Bros. founded in 1918.
In December 2005, Paramount announced that it had purchased DreamWorks SKG (which was co-founded by former Paramount executive Jeffrey Katzenberg) in a deal worth $1.6 billion.
In 1914, aspiring producer Jesse L. Lasky and Zukor’s Famous Players released their films through a start-up company Paramount Pictures Corporation organized early that year by a Utah theatre owner, W.W.Hodkinson. Until this time, films were sold on a state-wide or regional basis. Paramount was the first successful nation-wide distributor.
In 1976 Paramount Home Entertainment (PHE) was founded. It is the division of Paramount Pictures dealing with home video. PHE distributes films by Paramount (under its own label) and DreamWorks (under the DreamWorks Pictures Home Entertainment label), and also shows from MTV Networks.
In 2005, the company’s revenue had increased to $3.0 billion, and the operating income had decreased to $62.1 million.
In December 2005, Paramount announced that it had purchased DreamWorks SKG (which was co-founded by former Paramount executive Jeffrey Katzenberg) in a deal worth $1.6 billion.
In 1914, aspiring producer Jesse L. Lasky and Zukor’s Famous Players released their films through a start-up company Paramount Pictures Corporation organized early that year by a Utah theatre owner, W.W.Hodkinson. Until this time, films were sold on a state-wide or regional basis. Paramount was the first successful nation-wide distributor.
In 1976 Paramount Home Entertainment (PHE) was founded. It is the division of Paramount Pictures dealing with home video. PHE distributes films by Paramount (under its own label) and DreamWorks (under the DreamWorks Pictures Home Entertainment label), and also shows from MTV Networks.
In 2005, the company’s revenue had increased to $3.0 billion, and the operating income had decreased to $62.1 million.
No comments:
Post a Comment