Paramount Pictures

By Shaugnessy Elsroth

Paramount Pictures Logo [19]

Paramount Pictures Corporation

5555 Melrose Avenue
Hollywood, CA 90038
323.956.5000
www.paramount.com

A Brief Overview

Adolph Zukor – Founder [20]

Paramount Pictures Corporation is a subsidiary of the top ranked media firm Viacom. It globally produces and distributes filmed entertainment. The corporation was founded in 1912 by Adolph Zukor and was originally known as the Famous Players Film Company. In 1994, Viacom acquired Famous Players and renamed it to Paramount Pictures. The company annually releases twelve different movies and distributes them through its Paramount Home Entertainment.  2012 marked Paramount’s 100th year anniversary and despite being one of the oldest motion picture companies in America, they show no signs of slowing down any time soon. [1] [2]

Key Executives

Brad Grey – CEO [21]

                                                                                                                                                                                          Brad Grey

Grey is the Chairman and Chief Executive Officer for Paramount Pictures Corporation and has held the position since 2005. He is in charge of all development and production generated by Paramount Motion Picture Group. Aside from Paramount Pictures, the Group includes Paramount Vantage and Insurge Pictures.  [3]

 

 

Mark Badagliacca – CFO [22]

                                                                                         Mark Badagliacca

Since 2000, Badagliacca has served as Paramount Pictures Corporation‘s Executive Vice President and Chief Financial Officer. He is in control of the finances, treasury, accounting and financial planning for the corporate company. [4]

 

Fredrick Huntsberry – COO [23]

  Fredrick Huntsberry

Huntsberry started his position as the Chief Operating Officer for Paramount Pictures Corporation in 2006. As the C.O.O, he manages the planning and operations for the studio, including their financial department, IT department, and human resources. [5]

 

 

In Memory Of

A. C. Lyles

A. C. Lyles [24]

On September 27, 2013, Paramount‘s well-known producer and employee of over eighty-five years, Andrew Craddock Lyles, passed away at the age of 95. Lyles’ affiliation with the company began when he was only 10 years old, as he handed out fliers for a local theatre owned by Paramount in his hometown in Florida. His career in Hollywood began when he started working in the mail room at Paramount. He later moved up to become a studio publicist and further onto a producer. His wife, Martha Vickers, survives him and has asked for donations in honor of her husband to be sent to the Motion Picture Fund. [6]

In the News

End of Summer Double Feature Special

Double Feature Special Promo [25]

From August 30th to September 5thParamount Pictures Corporation offered moviegoers a special double feature experience to see two of its big summer blockbuster hits, Star Trek Into Darkness and World War Z for the price of one ticket. Select theaters offered this limited opportunity in both 2D and RealD 3D; AMC Theatres, Carmike Cinemas, Marcus Theatres, and Regal Cinemas. [7] [8] [9]

 

 

For an external link to view this trailer, click here. [26]

Star Trek Into Darkness originally came out May 16 and during its opening weekend it generated $70,165,559 in the domestic box office. From opening weekend to August 25 it brought in $227,377,844. The weekend before this special double feature only added $106,356 to the total revenue, but with the introduction of the two for one deal, the weekend from August 30 to September 2 added $1,056,014 to their overall gross, increasing the total profits to reach $228,756,232. [10]

For an external link to view this trailer, click here. [27]

World War Z was released on June 21 and brought $66,411,834 in sales during its first weekend at the domestic box office. Up until August 30, $198,854,941 was generated for its revenue. The weekend before the special feature produced a small profit of only $314,920. With the introduction of the two for one deal however, the weekend of September 3 increased the gross income with an additional $1,650,374. Ultimately, after October 6, World War Z’s overall revenue totaled to $202, 349,504. [11]

Bad Grandpa

Bad Grandpa Advertisement [28]

Paramount Pictures Corporation‘s most recent comedy, Jackass Presents: Bad Grandpa was released on October 25. The movie is the fourth installment in the Jackass movie series, which is based off of the hit MTV reality series produced by DickhouseTV, where the cast is known for their self-injuring stunts and pranks. Johnny Knoxville stars as the lead character, Irving Zisman, who takes a road trip with his grandson and ridiculousness ensues.

 

For an external link to view this trailer, click here. [29]

The film collected $32,055,177 in its opening weekend, toppling Warner Bros.‘s drama Gravity, which only raked in $20,135,387 that weekend.  [12] [13] Analysts were waiting for something to take out Gravity, since it had stayed at the top of the movie charts for its first three weeks, and Bad Grandpa did the job. After four weeks in theaters, Bad Grandpa has thus far accumulated $90,202,000, which is just shy of its $100 million goal. [12] [14]

Trimming Positions

Paramount Pictures California Headquarters [30]

In the beginning of October, Paramount Pictures stated that 110 job cuts will be made spanning its worldwide offices. In a recent statement, Chief Operating Officer Fredrick Hunstberry announced that reductions are being made to five percent of the company’s 2,200-person workforce. [15] The departments impacted are finance, human resources, and information technology, international home-media distribution, legal and marketing. [16] The company’s intent is to reorganize the corporation in order to better adapt themselves to the film industry’s increasing competition. [15]

What’s Coming Up?

Release Date Change

The Wolf of Wall Street Promo [31]


The Wolf of Wall Street is Leonardo DiCaprio’s latest movie where he plays the wealthy stockbroker, Jordan Belfort. Over Belfort’s years as a swindler, he developed a serious drug addiction, getting wrapped up in the rich party lifestyle and refused to cooperate in a large fraud case pertaining to corruption on Wall Street. Martin Scorsese is the director of this black comedy, which is based on Belfort’s self-titled memoir. Jonah Hill and Matthew McConaughey are among other cast members.  [17]

 

For an external link to view this trailer, click here. [32]

The film was originally set to be released November 15, and has since been changed to come out in theaters on Christmas day, December 25. [18] The purpose of the set back is due to issues surrounding the movies long length of three hours, as well as a debate pertaining to its potential NC-17 rating. As a result of the setback, other studios are left scrambling to refigure their movie schedules. Sony has pushed back its release date for The Monuments Men from December 18 to February 7th of next year. The RoboCop remake has thus been postponed and will now be coming out in theaters on February 12th. For Paramount, their initial holiday movie Jack Ryan: Shadow Recruit,  is now set to come out January 7, 2014.  Ultimately, the process of changing one release date shows how problematic and chaotic the procedure for movie scheduling is during “Oscar season”. [18]

 Sources

1) http://www.paramount.com/100-years-paramount/paramount-story
    Retrieved September 8, 2013

2) http://www.hoovers.com/company-information/cs/company-profile.Paramount_Pictures_Corporation.454f21dcb6c08c2b.html
    Retrieved September 8, 2013

3) http://www.paramount.com/inside-studio/studio/executives/meet-executives/brad-grey
    Retrieved September 8, 2013

4) http://www.paramount.com/inside-studio/studio/executives/division-executives/mark-badagilacca
    Retrieved September 8, 2013

5) http://www.paramount.com/inside-studio/studio/executives/meet-executives/fedrick-huntsberry
   Retrieved September 8, 2013

6) http://variety.com/2013/film/news/paramounts-longest-employee-a-c-lyles-dies-at-95-1200682146/
    Retrieved October 10, 2013

7) http://www.marketwatch.com/story/paramount-pictures-and-leading-exhibitors-announce-star-trek-into-darkness-and-world-war-z-double-feature-2013-08-27
   Retrieved September 8, 2013

8) http://www.paramount.com/news-and-social-media/news-and-press-releases/paramount-pictures-and-leading-exhibitors-announce
   Retrieved September 8, 2013

9) http://blogs.wsj.com/speakeasy/2013/08/27/star-trek-world-war-z-bring-back-double-feature/
   Retrieved September 8, 2013

10) http://www.boxofficemojo.com/movies/?page=weekend&id=startrek12.htm
   Retrieved November 15, 2013

11) http://www.boxofficemojo.com/movies/?page=weekend&id=worldwarz.htm
   Retrieved November 15, 2013

12) http://www.boxofficemojo.com/movies/?page=weekend&id=badgrandpa.htm
   Retrieved November 18, 2013

13) http://www.boxofficemojo.com/movies/?page=weekend&id=gravity.htm
   Retrieved November 15, 2013

14) http://www.bloomberg.com/news/2013-10-27/-jackass-presents-bad-grandpa-unseats-gravity-at-box-office.html
     Retrieved November 9, 2013

15) http://ca.news.yahoo.com/viacoms-paramount-pictures-trim-110-positions-5-per-231256454–finance.html
     Retrieved October 10, 2013

16) http://www.bloomberg.com/news/2013-10-01/viacom-s-paramount-film-unit-cites-competition-for-110-job-cuts.html
     Retrieved October 10, 2013

17) http://www.thewolfofwallstreet.com
   Retrieved November 15, 2013

18) http://www.forbes.com/sites/scottmendelson/2013/10/28/leonardo-dicaprios-the-wolf-of-wall-street-causes-release-date-musical-chairs/
    Retrieved November 9, 2013

19) http://www.jennielsen.com/wp-content/uploads/2012/12/Paramount-Pictures-Logo.jpg
   Retrieved November 17, 2013

20) http://paramount.com-beta.com/admin/uploads/General_Info/Adolph_Zukor_2.jpg
  Retrieved November 17, 2013

21) http://www1.pictures.gi.zimbio.com/Brad+Grey+Paramount+Vantage+Premiere+Mighty+jJ5m5KVsU9xl.jpg
  Retrieved November 17, 2013

22) http://www.paramount.com/sites/default/files/styles/large/public/mark-badagliacca.jpg?itok=jWtDpIeh
   Retrieved November 17, 2013

23) http://www.planningreport.com/files/styles/article_thumbnail/public/field/image/Huntsberry,%20Frederick.jpg?itok=tnyFF0Or
   Retrieved November 17, 2013

24) http://www.hollywoodreporter.com/sites/default/files/imagecache/blog_post_349_width/2012/04/lyles_a.jpg
  Retrieved November 17, 2013

25) http://wpc.556e.edgecastcdn.net/80556E/img.news/NEhkyiViSKxhlh_1_3.jpg
   Retrieved November 17, 2013

26) http://www.youtube.com/watch?v=r5gdbUC9mWU
   Retrieved November 17, 2013

27) http://www.youtube.com/watch?v=Md6Dvxdr0AQ
  Retrieved November 17, 2013

28) http://static.squarespace.com/static/51b3dc8ee4b051b96ceb10de/t/52376e8de4b072186ca877ea/1379364496981/hr_Jackass_Presents-_Bad_Grandpa_6.jpg
 Retrieved November 17, 2013

29) http://www.youtube.com/watch?v=tctgUr147zA
 Retrieved November 17, 2013

30) http://cdn.videogum.com/files/2011/09/paramount_pictures.jpg
 Retrieved November 17, 2013

31) http://www.cinemablend.com/images/news/38097/_1371450399.jpg
 Retrieved November 17, 2013

32) http://www.youtube.com/watch?v=iszwuX1AK6A
 Retrieved November 17, 2013

Paramount Pictures

By Pat Flanagan

 

header-2-lrg

courtesy of Paramount Pictures

PARAMOUNT PICTURES
5555 Melrose Ave, Los Angeles, CA
www.paramount.com

  • KEY EXECUTIVES
AFI Awards 2008 - Arrivals

Brad Grey
courtesy of The Hollywood Reporter

 

Brad Grey is the Chairman and Chief Executive Officer at Paramount Pictures since 2005. Grey has won Academy Awards as producer for many films such as The Departed and Charlie and the Chocolate Factory. Under Grey’s tenure Paramount released some of their highest grossing films of all time such as  Transformers, Indiana Jones, and the Paranormal Activity franchises. [1]

 

robmoore_a

Rob Moore                            courtesy of The Hollywood Reporter

 


Rob Moore
has been the Vice Chairman since 2008. He previously worked at the Walt Disney Company for 13 years as Senior Financial Analyst and was later appointed Executive Vice President of Finance and Operations. [2]

 

image courtesy of paramount.com

Frederick Huntsberry  courtesy of Paramount.com

 

Frederick Huntsberry has been the Chief Operating Officer since 2006. His previous work includes different positions in the Finance and Business Development at Universal Studios. He was the President of NBC Universal Television Distribution. [3]

image courtesy of thezog.info

Adam Goodman              courtesy of thezog.info

 


Adam Goodman
is the President of Paramount Film Group since June 2009. He previously served as President of Production. He also was the President of Production at Dreamworks Studio. Some of his work that he is credited for includes Flight, Super 8, and True Grit. After the success with the Paranormal Activity franchise Goodman created Paramount’s micro-budget division called Insurge Pictures which distributed successful films like Justin Beiber: Never Say Never, Jackass 3D and Katy Perry: Part Of Me. [4]

  • BREIF HISTORY

In 1912 Adolph Zukor founded the Famous Players Film Company that would later be called Paramount Pictures Inc. Paramount is the is the longest functioning and only major studio that remains in Hollywood. With remarkable talent and executives Paramount was a leader in the entertainment industry from very early on. The company won their first Academy Award in 1927 for Best Picture, just one year after moving to their present studio lot. They pride themselves with the highest grossing movie of all time, Titanic. In 2011 Paramount broke a record in the film industry with six consecutive films bringing each bringing in a revenue over $100 million dollars at the box office. Last year marked Paramount’s 100th year in the entertainment industry. Media conglomerate Viacom owns Paramount Pictures. [4][5]

  • FINANCIALS

So far this year Paramount Pictures released 7 movies, with a $810 million dollar yearly gross. It is ranked number 6 behind Warner Bros, Universal, Buena Vista, Sony/Columbia, and 20th Century Fox. As of November 2013, Paramount has a 8.9% market share, already surpassing 2012’s results when Paramount was ranked number 7 with a 8.4% market share, a gross difference of $106 million dollars. After several quarters of declining revenue, Paramount Pictures had the best quarter yet with an 11% increase in revenue. Star Trek Into Darkness is Paramount’s most successful movie of 2013, followed by World War Z and G.I. Joe: Retaliation. With the anticipation of Anchorman 2: The Legend Continues, coming out December 20th, it will be interesting to see if Paramount can climb the ranks and place top 5. [6][7][8][9]

  • RECENT NEWS
MV5BMTg4NjIwMTI5OV5BMl5BanBnXkFtZTgwNjU1MTMyMDE@._V1_SY317_CR1,0,214,317_

courtesy of Paramount Pictures


Jackass Presents: Bad Grandpa
 was the only film Paramount released this fall.
 It has brought in $90 million from a $15 million dollar budget. The lighthearted comedy impressed moviegoers, surpassing popular films such as Gravity and Captain Phillips in box office results.

Unknown-1

courtesy of fandango.com


Paramount tried something different this Fal
l. From August 30th-September 5th Paramount combined Star Trek Into Darkness and World War Z into a double feature where moviegoers would be able to see these two films for the price of one in select AMC theaters. This is the first time a studio has done this. [10] [11]

MV5BMjE5ODk0NjQzNV5BMl5BanBnXkFtZTgwODk4MDA1MDE@._V1_SX214_

courtesy of Paramount Pictures


Anchorman 2: The Legend Continues
is Paramount’s most anticipated movie of 2013 will be released on December 20th. Paramount is coming out with very classy and creative marketing and promotional ideas for this upcoming film. [12]

For instance, Paramount Pictures is teaming up with Dodge Brand in a humorous promotion contest for Anchorman 2. Fans will be able to win an all-new 2014 Dodge Durango by going to funnyordie.com to play “Hands on Ron Burgundy”. This contest tests fan’s endurance and perseverance to see how many times they can touch Ron Burgundy. The fan who lasts the longest in one session wins a new car with about a hundred additional prizes for those who place close. [13] [14]

Also, Paramount is allowing fans to see Anchorman 2 two days before the December 20th release date. They announced that special “supertickets” will be available on November 26th. Paramount is expanding on their promotional idea done with World War Z’s “megaticket” that viewers bought for $50 to see the film 2 days before national release, available in 5 U.S. cities. [15]

  • Looking at the Future
MV5BMTcyNzk4Nzg4N15BMl5BanBnXkFtZTgwMTkxMDI2MDE@._V1_SY317_CR0,0,214,317_

courtesy of Paramount Pictures

Paramount is scheduled to release Noah in March 2014, about the biblical story of Noah and his arc. Hollywood has been on a popular biblical trend as seen the History Channel’s television series The Bible and other upcoming movies like Ridley Scott’s Exodus. Noah is directed by Darren Aronofsky and includes an all-star cast such as Russell Crowe, Emma Watson, Jennifer Connelly and Anthony Hopkins. [16]

On November 14 The Hollywood Reporter broke the news that Paramount Pictures is in development on a number of sequels that in Mission Impossible, World War Z, Star Trek and G.I.Joe. [17]

image courtesy of imbd.com

David Chase courtesy of imbd.co


David Chase
 The Sopranos director, sold Paramount Pictures the script of Little Black Dress. Thumbnail: While working a potentially lethal investigation at a post-war job, she gets involved with a superstitious NYPD detective who helps bring her back from a personal precipice. This film is in the developmental stage. [18] [19]

Recently, Paramount has expressed disappointment regarding California’s tax incentives to bring film productions back to Hollywood. The Los Angeles Mayor promised to “storm” Sacramento to bring about a greater annual Film/TV Tax Credit program.  Paramounts Studio Group President, Randy Baumberger was quoted saying:

“virtually no feature films are shot in LA anymore. What producers need are commitment and consistency. What producers are looking for is to be able to plan out 3 or 4 years”. [20]

 

  • Works Cited

[1] About Brad Grey

[2] About Rob Moore

[3] About Frederick Huntsberry

[4] History of Paramount Pictures

[5] Paramount marks 100 years 

[6] 2013 Studio Market Share

[7] Box Office results of all time

[8] WSJ reporting on Viacom’s success

[9] Paramount’s Financial Report

[10] About Jackass Presents: Bad Grandpa

[11] Bad Grandpa triumphs over Gravity

[12] Anchorman 2 anticipation 

[13] Dodge and Paramount team up

[14] Youtube video of contest

[15] Paramount tries double feature 

[16] Noah film to star big name cast

[17] Sequels announced 

[18] The Sopranos director gives script to Paramount

[19] IMDB on David Chase

[20] Paramount Blasts Cali’s “Incremental” Film/TV Tax Credit Program

Paramount Pictures

Paramount-Pictures-Logo

Paramount’s Logo
Courtesy: jennielsen.com

Paramount Pictures
5555 Melrose Ave, Los Angeles, CA 90038
(323) 956-8398

Paramount Pictures is the fifth oldest film studio in America. It is a Viacom company, and with over 1,000 titles and numerous awards, it continues to produce entertaining, lucrative, and successful content. Divisions within Paramount include Paramount Vantage, Paramount Home Entertainment, Paramount Digital Entertainment, Paramount Pictures International, Paramount Licensing Inc, Paramount Studio Group, Worldwide Television Distribution, Paramount Famous Production, and Paramount Parks and Resorts [10].

Brad Grey, C.E.O. and chairman of Paramount Pictures, has held his positions since 2005.

Brad Grey, C.E.O, Chairman, Paramount Pictures

Brad Grey, C.E.O., Chairman, Paramount Pictures
Courtesy: hollywoodreporter.com

After succeeding Sherry Lansing, Grey is responsible for 8 of Paramount’s top 10 highest grossing films of all time, including the Transformers series, Star Trek, Iron Man 1 & 2, Shrek the Third, and Indiana Jones and the Kingdom of the Crystal Skull.

Paramount takes advantage of its rich historical value and prime location. It is the last remaining studio in the Hollywood neighborhood of Los Angeles.The studio hosts tours and many events within the studio. It is a major tourist destination in Los Angeles. An intimate tour of the studio leaves a visitor with a sense of the 100 year Hollywood history Paramount has to offer. Visiting offers opportunity to see where some of the most celebrated films and TV shows of all time were produced [4].

Paramount Studios

Paramount Studios
Courtesy: flickr

HERE AND NOW

gi-joe-retaliation-poster-406x600

G.I. Joe: Retaliation Film Poster
Courtesy: collider.com

Paramount is notorious for their highly grossing blockbuster films. Currently sitting at the top of the box office is Paramount Picture’s G.I. Joe: Retaliation. This science-fiction action, starring Dwayne Johnson, Bruce Willis, and Channing Tatum, has already grossed $86.4M [8]. Despite the criticisms of the movie from fans and authors on websites such as rottentomato.com, the studio has still benefited from a lucrative return on their mediocre sequel to G.I. Joe: The Rise of Cobra. Scott Mendelson, a box office pundit and film market analyst, describes Paramount’s success:

Paramount did a few very smart things during the production of this Jon Chu-helmed sequel. In fact, other than the fact that it’s not a very good movie (arguably the hardest variable to plan on, natch), Paramount Pictures and MGM’s handling of G.I. Joe: Retaliation may be a primer on how to successfully launch a tentpole film in today’s marketplace [3].

Paramount held off on the release of the movie, which was planned to go into theaters in June 2012. Fast forward 9 months to March 2013, add in increased 3D ticket prices with Paramount’s decision to adapt the film to 3D, and G.I. Joe: Retaliation has pulled in $233M and counting worldwide. Because the international market went for the 3D option, the decision to wait 9 months to convert the movie into 3D really paid off [3].

"The Rock," Dwayne Johnson

“The Rock,” Dwayne Johnson
Courtesy: businessinsider.com

The success can also be attributed to the films’s low budget and the decision not to reshoot parts of the film. With $233M made on worldwide sales, Paramount has already begun profiting heavily from the movie. Increasing its moderate $130M budget would not have made it an exponentially more entertaining film, according to Mendelson [8][3]. By sticking to its budget, appropriating 9 months for the transition to 3D, and refraining from taking exessive reshoots during post production, this mediocre sequel translated into a lucrative worldwide film.

JUST AROUND THE BEND

Upcoming on Paramount’s agenda is the release of some huge titles. Star Trek Into the Darkness is set to release on May 17 [10]. This sequel is being directed and produced by J.J Abrams, the man who previously produced and directed the recent 2009 Star Trek.

star-trek-into-darkness

Star Trek Into the Darkness Film Poster
Courtesy: taylormarsh.com

There are high expectations for this Paramount Picture franchise. Because Star Trek is such a storied franchise, fanatics are concerned about the anagonist’s role as well as overall expectations for the film. Benedict Cumberbatch, the man purportedly playing the role of “Khan,” speaks to these concerns [7]:

“That way madness lies… I think that’s the thing, isn’t it? If you have an over preoccupation with perception and trying to please people’s expectations, then you can go mad. We’ve got J.J. Abrams, and he’s already beautifully cracked that nut in the first film, and I think it pleased a lot of the varying camps: people who were coming to the franchise for the first time, the J.J. Abrams fans and the Star Trek fans, so that was a big comfort to me [2].

Paramount hopes to capitalize on the excitement of the film following the extremely successful 2009 Star Trek that found its way into the top 10 highest grossing films in Paramount history.

FURTHER DOWN THE LINE
There are two films Paramount is set to release within the next six months that have gained the attention of film-fanatics.With the phenomenon of AMC’s The Walking Dead, Paramount is “feeding” on America’s cultural fetish with zombies in Marc Forster’s apocalyptic horror film World War Z starring Brad Pitt [10].

world_war_z_movie_poster_2

World War Z Film Poster
Courtesy: movienewz.com

Set to release on June 21, there have been some setbacks during production and a reported thrift between Pitt and Forster. After initial production had finished, this $125M budget film had to reshoot for seven weeks and its entire third act was rewritten [9]. Regardless, Paramount has high expectations for this gutty apocalyptic film, hoping it will be a summer blockbuster.

After the success and popularity of the 2004 film Anchorman: The Legend of Ron Burgundy, news of the sequel has been highly anticipated. Starring Will Ferrell, this goofy comedy’s plot is still up in the air. Anchorman The Legend Continues is set to release on December 20, and fans are gearing up for another round of laughs [10].

Anchorman_2_Teaser_Poster

Anchorman The Legend Continues Film Poster
Courtesy: Wikipedia.com

Paramount’s executive decisions to make these movie sequels shows the studio’s main goal-to make successful, lucrative films. By taking advantage of names like Will Ferrell in the upcoming Anchorman, franchise names like Star Trek, and cultural fetishes like zombie apocalypses, Paramount hedges their bets with expected profitable films.

PARAMOUNT’s GLOBAL REACH
In one of the most luxurious places in the world, Paramount Hotels and Resorts has partnered with the United Arab Emirates-based luxury developer DAMAC Properties to build a 540 room hotel in Dubai. This building, DAMAC Towers by Paramount, acts as a gateway for Paramount to spread their media content around the globe. The hotel will offer residences as well as temporary stays [1].

DAMAC Towers by Paramount Courtesy: damacproperties.com

DAMAC Towers by Paramount
Courtesy: damacproperties.com

It will feature Paramount themed restaurants, bars, swimming pools, and contain a movie theater. The rooms will also have the accommodation to access exclussive Paramount films. According to initial reports, the Dubai venture has been a success, with the first level of residences already sold out. Construction is projected to be finished by the end of 2015. Paramount Hotels and Resorts is also extending its reach to Boao, China, where another hotel should be completed by the end of 2016 [5].

Sources:

[1] http://www.damacproperties.com/en/offer/offers/damac-towers-by-paramount.html

[2] http://screenrant.com/star-trek-2-into-darkness-images-gallery/

[3] http://www.forbes.com/sites/scottmendelson/2013/04/08/paramount-did-everything-right-with-g-i-joe-retaliation-except-make-a-good-movie/

[4] http://www.paramountstudiotour.com

[5] http://www.travelerstoday.com/articles/5593/20130402/paramount-pictures-open-first-movie-themed-hotel-dubai.htm

[6] http://www.imdb.com/list/BrYbKOsKKBQ/

[7] http://www.latinospost.com/articles/16107/20130408/star-trek-darkness-villain-spoilers-report-claims-knowledge-john-harrisons.htm

[8] http://movies.yahoo.com/box-office/

[9] http://io9.com/5918390/zombie-movie-world-war-z-is-an-undead-disaster

[10] http://www.paramount.com