Paramount Pictures Company Description
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.
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The Company Description provides a historical perspective of Paramount Pictures's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Paramount Pictures's evolution in the marketplace.
