2. History
• Paramount Pictures is an American film
production and distribution company, located
at 5555 Melrose Avenue in Hollywood.
Founded in 1912 and currently owned by
media conglomerate Viacom, it is America's
oldest existing film studio; it is also the last
major film studio still headquartered in the
Hollywood district of Los Angeles. Paramount
is consistently ranked as one of the top-
grossing movie studios.
3. Top Stars
• Paramount's top stars:
• Ben Stiller (Meet the Fockers)
• George Clooney (Oceans 11)
• Tom Cruise (Mission Impossible)
• Leonard DiCaprio (Titanic)
4. Most profitable films
1. Titanic
2. Transformers: Revenge of the Fallen
3. Forrest Gump
4. Shrek the Third
5. Transformers
6. Iron Man
7. Indiana Jones and the Kingdom of the Crystal Skull
8. Star Trek
9. Beverly Hills Cop
10. War of the Worlds
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In October 2005, Viacom announced that it would
be reorganizing into two new divisions. While
Paramount was grouped with MTV and the
company's other cable television networks under
the Viacom label, CBS and the company's radio
and network television offerings would become a
separate business. Paramount was reduced to
approximately one-quarter of its original size, as
the company's television production division was
transferred to the control of Viacom's newly
partitioned CBS division.
At the end of 2005, Paramount announced the
acquisition of DreamWorks SKG Inc., a company
started 11 years earlier by Steven Spielberg,
Jeffrey Katzenberg, and David Geffen. The
purchase, reported at $775 million, gave
Paramount production rights to DreamWorks'
library of animated and feature films and the rights
to produce all future projects by the company. The
company's most significant gain in the purchase
was the acquisition of DreamWorks Animation, the
division that produced many of the decade's most
successful animated films including the Shrek
franchise.
21st Century history
6. Most Recent Releases
• MorningGlory
• Paranormal Activity 2
• MegaMind 3D
• Jackass 3D
• WAITING for SUPERMAN
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7. More Of The History
• Paramount consists of several film labels including,
the legendary Paramount Pictures; leading youth
brand, MTV Films; the preeminent family
entertainment label, Nickelodeon Movies; and
specialty film labels, Paramount Vantage and
Paramount Classics. In addition, the Studio will
continue to release a number of films under the DW
label. Paramount also has established distribution
deals with iconic comic book creator, Marvel
Entertainment and renowned animated film producer,
DreamWorks Animation.