
Paramount Pictures (US)


Paramount Pictures is arguably the world's oldest
surviving movie studio, tracing its lineage back to 1912. It now forms the core of the Filmed Entertainment division within
media group Viacom. Although a giant of the movie industry from the 1970s to the 1990s
with films including the Godfather, Star Trek and Indiana Jones series and all-time box-office champion Titanic, Paramount
scaled down its operations in the early 2000s. As a result, however, the studio came close to falling off the Hollywood map.
A return to big-budget blockbusters has paid dividends since 2007, and Paramount was re-established as the #1 studio
that year for the first time in decades. Some of the credit for that achievement was due to an alliance with the DreamWorks
studio, acquired in 2005. However that partnership proved fractious. Several key figures, including director Steven
Spielberg, left the company at the end of 2008, although Paramount continues to handle distribution for the independent
DreamWorks Animation studio.
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