Institution research

1. Paramount Pictures Corporation (commonly known
as Paramount Studios or simply Paramount, and formerly
known as Famous Players-Lasky Corporation) is an
American 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 U.S. media conglomerate Viacom. Paramount is
a member of the Motion Picture Association of
American (MPAA)
In 2014, Paramount Pictures became the first major
Hollywood studio to distribute all of its films in digital-form
only.
Paramount is the fifth oldest surviving film studio in the
world,and America's oldest running studio, founded in 1912

2.  Paramount is the fifth oldest surviving film studio in the world
after the French studios Gaumont Film Company (1895)
and Pathé (1896), followed by the Nordisk Film company (1906),
and Universal Studios (1912). It is the last major film studio still
headquartered in the Hollywood district of Los Angeles.
Paramount Pictures dates its existence from the 1912 founding
date of the Famous Players Film Company
 Adolph Zukor, Jesse L. Lasky and Cecil B. DeMille are credited as
Paramount's principal founding fathers. The visionary Zukor laid
the foundation for the company by acquiring the U.S. distribution
rights to the silent French film Queen Elizabeth, a groundbreaking
four-reel feature in a time when two reels was the norm. Its
overwhelming success propelled Zukor's Famous Players Film
Company to great heights, and in the process, transformed the
business of entertainment forever.

3. Months later, after another merger with a
nascent film distribution exchange called
Paramount Pictures, the resulting entity became
Paramount Famous Lasky Corporation.
With its symbol of a rugged, snow-covered peak
from the Wasatch mountain range, Paramount
Famous Lasky Corporation became the first
successful nationwide film distribution company,
releasing two to three new pictures a week from
1916 to 1921. It became a fully integrated company
that controlled every aspect of filmmaking -
production, distribution, and exhibition.

4. In recent years, Paramount has solidified its place as a global leader
in entertainment content and has celebrated an unprecedented run
of success under the leadership of Chairman and CEO Brad Grey.
In a business that demands excellence, Grey has delivered
blockbuster, Academy Award-winning entertainment with today's
most gifted and respected talent. During Grey's tenure, Paramount
has released eight of its top 10 highest grossing films of all time,
including the Transformers and Paranormal Activity franchises,
Indiana Jones and the Kingdom of the Crystal Skull, and J.J.
Abrams' Star Trek reboot. In 2010, the studio garnered the most
Academy Award nominations of any studio, owing to the critical
and commercial successes of True Grit and The Fighter. Award-
worthy films have proliferated in the Brad Grey era, with releases
such as No Country for Old Men, There Will Be Blood, An Inconvenient
Truth, Up in the Air and Babel. And, in 2011, Paramount released an
industry-record six consecutive movies grossing more than $100
million dollars at the domestic box office, with Rango, Thor, Kung Fu
Panda, Super 8, Transformers: Dark of the Moon, and Captain America.

5. The year 2012 marked an exceptional milestone for
Paramount Pictures - its 100th year in show
business. Though this extraordinary
accomplishment makes Paramount one of
America's oldest motion picture companies, there
have been no signs of slowing down, and
Paramount and its movies are stronger than ever.
From visionary epics to heart-wrenching romances
to blockbuster franchises, all created by the best
talent and filmmakers in the business, Paramount
has set the standard in cinema for a century and
continues to deliver the highest caliber of
entertainment to audiences worldwide.

6.  Those wishing to visit Paramount can take studio
tours, which are offered seven days a week.
Reservations are required, and can be made by
visiting the tour website. The tour offers a behind-
the-scenes look at the current operations of the
studio, and what can be seen varies day to day.
Most of the buildings on the tour are named for
historical Paramount executives or the artists that
worked at Paramount over the years. Many of the
stars' dressing rooms have been converted into
working offices. The stages where Samson and
Delilah, Sunset Blvd., White Christmas, Rear
Window, Sabrina, Breakfast at Tiffany's, and many
other classic films were shot are still in use today.

7.  Paramount Pictures celebrated its 100th anniversary in 2012, which
is a milestone that no other significant Hollywood studio had
obtained by that time.
 Since the economic difficulties of Paramount Pictures in the 1960s,
the film company has produced some of the best films,
including Titanic (1997) and the Transformers series.
 The ‘Big Five’ were all located in Hollywood at some point, but
most of them decided to move to bigger, more remote areas in and
around Los Angeles. Paramount is the only major studio that is still
located within Hollywood limits.
 In 1972, Paramount’s The Godfather would become the first
blockbuster ever released in Hollywood, which would forever
change the way movies were produced and marketed
afterwards. The Godfather opened at 365 venues in the U.S. and it
became the highest-grossing movie ever at the time ($134 million in
the States only.)
 In 2014, Paramount became the first major studio to abandon 35-
millimeter film in favor of digital distribution. It’s considerably
cheaper for film studios to send films to theaters digitally, since a
film print can cost up to $2,000.