Paramount Pictures Corporation · Hollywood, CA United States
Company Description
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When entertainment is paramount, many people turn to Paramount Pictures Corporation. A subsidiary of media firm Viacom , the company produces and distributes films through Paramount Pictures (Iron Man) and Paramount Vantage (Arctic Tale). It maintains the Paramount Pictures library of some 3,500 films, including classic hits from the Star Trek, Godfather, and Indiana Jones series, and releases about a dozen new titles annually. Paramount Pictures distributes movies on video and DVD through Paramount Home Entertainment . The studio ceased to own former subsidiary DreamWorks in 2008. Paramount was founded as Famous Players Film Company by Adolph Zukor in 1912; it was acquired by Viacom in 1994. To read the full description, subscribe now.
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Key Paramount Pictures Corporation Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| 2007 Sales (mil.) | $5,205.6 |
| Employees | 1,900 |
Competition
Competitive Landscape for Paramount Pictures Corporation
Consumer spending drives demand. The profitability of individual companies depends on creativity, marketing, and distribution. Large companies often have the advantages of long-term contracts with key actors and directors, a permanent staff of technical employees, and wide distribution networks. Small companies can compete successfully by creating marketable movies, often for niche audiences, on low budgets. Although production work is labor-intensive, the value of the product results in high average annual industry revenue of $300,000 per employee. To read the full description, subscribe now.Top Paramount Pictures Corporation Competitors
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