Paramount Pictures

  • Founded in 1912, Paramount Pictures is America's oldest running movie studio, and also one of the largest.
  • Key Dates

    1. 1912: Zukor founds Famous Players Film Company to distribute Queen Elizabeth
    2. 1916: Famous Players merges with Jesse L. Laskey Company, production and distribution companies combine into Paramount Pictures
    3. 1926: Paramount moves into new Hollywood studio
    4. 1966: Acquired by Gulf+Western Industries
    5. 1994: Merges with Viacom
    6. 1997: Titanic becomes highest-grossing film of all time

  • Failed Financing Deal

    According to reports on July 15, 2008, Paramount dropped out of a $450 million deal with Germany's Deutsche Bank. The failure of a deal that would have provided 25 percent of the studio's budget was seen as a symptom of the U.S. credit crunch that began in 2007.The New York Times: Paramount Drops Out of Financing Deal (July 15 2008)

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