{"id":8770,"date":"2013-04-08T11:55:26","date_gmt":"2013-04-08T15:55:26","guid":{"rendered":"https:\/\/bejone03.expressions.syr.edu\/trf235\/?p=8770"},"modified":"2013-04-13T17:51:20","modified_gmt":"2013-04-13T21:51:20","slug":"paramount-pictures-4","status":"publish","type":"post","link":"https:\/\/bejone03.expressions.syr.edu\/trf235\/2013\/04\/08\/paramount-pictures-4\/","title":{"rendered":"Paramount Pictures"},"content":{"rendered":"
by Alejandro Navas<\/pre>\n
\"Courtesy<\/a>
Courtesy of www.closinglogos.com<\/em><\/p><\/div>\n
5555 Melrose Ave, Los Angeles, CA 90038<\/p>\n
(323) 956-8398<\/p>\n
History<\/span>\u00a0<\/strong>[1]<\/a><\/p>\n
\"Founding<\/a>
Founding Fathers
Courtesy of Paramount Pictures<\/p><\/div>\n
<\/b>In 1912, Adolph Zukor acquired the U.S distribution rights to Queen Elizabeth<\/i>, a silent French film, though his Famous Players Film Company. His success inspired Jesse Lasky and Cecil DeMille to team up and make The Squaw Man<\/i>, the first Laky Feature Play Company film and first feature-length Hollywood film. In 1916, these two companies merged. Soon after, the new Famous Players-Lasky Corporation merged with a distributor called Paramount Pictures to form Paramount Famous Lasky Corporation, the first company that was able to control all aspects of filmmaking (production, distribution and exhibition). This company went bankrupt through the great depression in 1932, but Zukor reorganized the company, named it Paramount Pictures Inc. and brought success back to it.<\/p>\n
Paramount Pictures Today<\/span><\/strong><\/p>\n
\"Paramount<\/a>
Paramount Pictures Studios
Courtesy of magazine.uc.edu<\/em><\/p><\/div>\n
<\/b>Paramount Pictures Corporation is owned by and is a branch of the media conglomerate Viacom. Paramount produces and distributes television and film material that has been very successful over the years, allowing the company to be ranked as one of the most lucrative and largest movie studios. It is the fifth oldest film studio in the world and the last major film studio located in Hollywood district, California. Paramount Pictures is divided into eight sub-divisions: Paramount Digital Entertainment, Paramount Home Entertainment, Paramount Pictures International, Paramount Licensing Inc, Paramount Studio Group, Worldwide Television Distribution, Paramount Famous Productions and Paramount Parks & Resorts [2]<\/a>. In addition, Paramount Pictures is part of the Paramount Motion Picture Group, which also includes Paramount Vintage, Paramount Classics, Paramount Animation, Insurge Pictures, MTV Films and Nickelodeon Movies [3]<\/a>.<\/p>\n
Executives<\/span>\u00a0<\/strong>[3]<\/a><\/p>\n
Brad Grey<\/strong>
\n<\/a><\/p>\n
\"Brad<\/a>
Courtesy of <\/span>www-deadline-com.vimg.net<\/em><\/p><\/div>\n
Grey is the Chairman and Chief Executive Officer<\/span> of Paramount Pictures. He is responsible of the development and production of all the feature films included in the Paramount Motion Picture Group. His responsibilities also include the worldwide business operations for all the sub-divisions of Paramount Pictures. Grey produced the award winning series The Sopranos<\/em><\/a>\u00a0and he is the winner of various awards including multiple Golden Globes and Emmy Awards.\u00a0 He is also the founder of Brillstein-Grey Entertainment, Hollywood\u2019s most successful management and production firm according to Forbes.<\/p>\n
Rob Moore<\/strong><\/p>\n
\"Courtesy<\/a>
Courtesy of www.hollywoodreporter.com<\/em><\/p><\/div>\n
The Vice Chairman<\/span> position was given to Moore in 2008. His responsibilities ensue to oversee Paramount\u2019s Worldwide Marketing, Distribution, Home Entertainment, Digital, Interactive, Television, Licensing, and Business Affairs divisions. Before working for Paramount, Moore worked thirteen years at The Walt Disney Studio and then founded Revolution Studios<\/a>.<\/p>\n
Frederick Huntsberry<\/strong><\/p>\n
\"Courtesy<\/a>
Courtesy of www.123people.com<\/em><\/p><\/div>\n
In 2006, Huntsberry was named Chief Operating Officer<\/span>. He takes care of the worldwide strategic planning and operations for the studio. Prior to working at Paramount Pictures, Huntsberry worked NBC Universal, where he held the President position.<\/p>\n
Adam Goodman<\/strong><\/p>\n
\"Courtesy<\/a>
Courtesy of thezog.wordpress.com<\/em><\/p><\/div>\n
Goodman has been the President<\/span> of Paramount Film Group since 2009. Prior to working at Paramount Pictures, Goodman was the President of Production at Dreamkworks Studios.<\/p>\n
Activity<\/span><\/strong><\/p>\n
<\/b>Hansel & Gretel: Witch Hunters<\/strong><\/p>\n
\"Courtesy<\/a>
Courtesy of IMDb.com<\/em><\/p><\/div>\n
Hansel & Gretel: Witch Hunters Trailer<\/a><\/p>\n
Hansel & Gretel<\/em> was released on January 25th<\/sup>, 2013.\u00a0 This film is a tweaked version of the fairy tale Hansel & Gretel<\/i>, where they become bounty hunters and follow and kill witches all around the world. This film made a staggering $19.7 million gross on the opening weekend, placing it in the number one spot at the time. The following weekends, the weekend gross plummeted down to $9 million and continued to drop constantly. The movie made its budget back domestically, making $55.4 million when the production budget was $50 million. Where Paramount succeeded immensely with this film was in the foreign market, making $163.8 million, more than triple the budget. This totals $219.2 million worldwide [4]<\/a>. Paramount\u2019s foreign marketing and distribution, as well as good reviews allowed this movie to be profitable.<\/p>\n
Top Gun 3D<\/strong><\/p>\n
\"Courtesy<\/a>
Courtesy of www.beyondhollywood.com<\/em><\/p><\/div>\n
Paramount re-released the famous 1982 Top Gun<\/em> starring Tom Cruise on February 8th<\/sup>, 2013. They re-mastered the film into IMAX 3D and also released it in Blu-ray [5]<\/a>. The re-mastering of this film is cheaper than the actual production, so Paramount is smart to use old material, adapt new technology that audiences are attracted to, which is relatively cheaper, and then most likely make a profit out of doing this. On it\u2019s release weekend, Top Gun<\/em> rounded the top 10s with $2 million including both ticket and Blu-ray sales [6]<\/a>.<\/p>\n
 <\/p>\n
 <\/p>\n
G.I. Joe: Retaliation<\/strong><\/p>\n
\"Courtesy<\/a>
Courtesy of IMDb.com<\/em><\/p><\/div>\n
G.I. Joe: Retaliation Trailer<\/a><\/p>\n
Released on March 28th<\/sup>, 2013, G.I. Joe: Retaliation<\/em>, starring Dwayne Johnson, D.J Cotrona and Channing Tatum, is about the G.I. Joes fighting their enemy Cobra and at the same time survive threats from the government that could wipe them out. This is the second G.I. Joe produced under Paramount Pictures, the first one was G.I. Joe: The Rise of Cobra back in 2009 [7]<\/a>. Retaliation\u2019s opening weekend gross was only $10.5 million, while it\u2019s second weekend gross increased to $55.0 million. Worldwide, Retaliation has already made its budget of $130 million back, with $231.8 million. This film is only on its second week, therefore if weekend gross is constant, it will generate a lot of profit for Paramount worldwide [8]<\/a>.<\/b><\/p>\n
Future<\/span>
\n<\/strong><\/p>\n

\n<\/b>Hansel & Gretel: \u00a0Witch Hunters Sequel\u00a0<\/strong>[9]<\/a><\/p>\n
On March 18th<\/sup>, 2013, after\u00a0Hansel & Gretel<\/em> reached $200 million worldwide, Paramount and MGM confim that a sequel is in development. The revenue that the film is generating hints that audiences are interested in this film, and would probably watch a sequel. As said before, even though this film only opened with $19.6 million domestically, most of the profit is being generated overseas. The producers of the first film, Will Farell, Adam McKay and Kevin Messick are expected to return and produce the second one. This signals the beginning of a franchise.<\/p>\n
Satellite Movie File Delivery To Theaters <\/strong>[10]<\/a><\/p>\n
\"Courtesy<\/a>
Courtesy of www.deadline.com<\/em><\/p><\/div>\n
On March 7th<\/sup>, Paramount signed on for satellite delivery of digital movies. A delivery service like such, would be cheaper and faster than what is used today. Today’s delivery consist of the physical transportation of harddrives to cinemas, but with satellite delivery that job would be cut. Paramount joined this initiative with three production\u00a0companies\u00a0and three major theater chains. This\u00a0initiative\u00a0is being carried out by the Digital Cinema Distribution Coalition.
\n<\/sup><\/p>\n
Sources<\/strong><\/span><\/p>\n
[1]<\/a>\u00a0The Paramount Story\u00a0http:\/\/www.paramount.com\/100-years-paramount\/paramount-story<\/a><\/p>\n
[2]<\/a>\u00a0Paramount Divisions\u00a0http:\/\/www.paramount.com\/inside-studio\/studio\/divisions<\/a><\/p>\n
[3]<\/a>\u00a0Paramount Motion Picture Group\u00a0http:\/\/www.paramount.com\/inside-studio\/studio\/executives\/meet-executives\/brad-grey<\/a><\/p>\n
[4]<\/a>\u00a0Box Office Mojo: Hansel & Gretel\u00a0http:\/\/www.boxofficemojo.com\/movies\/?id=hanselandgretelwitchhunters.htm<\/a><\/p>\n
[5]<\/a>\u00a0Top Gun 3D IMAX\u00a0http:\/\/www.imax.com\/movies\/m\/top-gun-an-imax-3d-experience\/<\/a><\/p>\n
[6]<\/a>\u00a0Deadline – Top Gun 3D\u00a0http:\/\/www.deadline.com\/2013\/02\/eastern-winter-storm-could-devastate-box-office-as-movie-theatre-chains-shut-down\/<\/a><\/p>\n
[7]<\/a>\u00a0IMDb – G.I. Joe\u00a0http:\/\/www.imdb.com\/title\/tt1583421\/?ref_=sr_1<\/a><\/p>\n
[8]<\/a>\u00a0Box Office Mojo: G.I. Joe: Retaliation\u00a0http:\/\/www.boxofficemojo.com\/movies\/?page=main&id=gijoe2.htm<\/a><\/p>\n
[9]<\/a>\u00a0Deadline – Hansel & Gretel Sequel\u00a0http:\/\/www.deadline.com\/2013\/03\/hansel-and-gretel-witch-hunters-sequel\/<\/a><\/p>\n
[10]<\/a>\u00a0Deadline – DCDC\u00a0http:\/\/www.deadline.com\/2013\/03\/disney-paramount-lionsgate-join-wb-uni-for-satellite-movie-delivery-to-theatres\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"
by Alejandro Navas 5555 Melrose Ave, Los Angeles, CA 90038 (323) 956-8398 History\u00a0[1] In 1912, Adolph Zukor acquired the U.S distribution rights to Queen Elizabeth, a silent French film, though his Famous Players Film Company. His success inspired Jesse Lasky … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":239,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[28,9,867],"tags":[1374,775,389,54,141],"_links":{"self":[{"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/posts\/8770"}],"collection":[{"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/users\/239"}],"replies":[{"embeddable":true,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/comments?post=8770"}],"version-history":[{"count":62,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/posts\/8770\/revisions"}],"predecessor-version":[{"id":13118,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/posts\/8770\/revisions\/13118"}],"wp:attachment":[{"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/media?parent=8770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/categories?post=8770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/tags?post=8770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}