Company Overview of Paramount Pictures Corporation
Paramount Pictures Corporation engages in the production and distribution of films. The company sells, markets, and distributes digital and television home entertainment content. It offers current and classic movies, as well as interactive gaming applications through digital distribution sites, such as iTunes. The company also provides movie fans with access to share movie clips with friends through VooZoo on Facebook with an opportunity to view film content on mobile phones or to play videogames, and the ability to watch movies on Xbox 360 or Playstation 3 consoles; provides production facilities to film makers and production companies for feature films, television shows, and commercials in...
5555 Melrose Avenue
Los Angeles, CA 90038
Founded in 1912
Key Executives for Paramount Pictures Corporation
Chairman and Chief Executive Officer
Chief Financial Officer and Executive Vice President
Executive Vice President of Worldwide Marketing Partnerships and President of Consumer Products
President of Paramount Studio Group
Compensation as of Fiscal Year 2015.
Paramount Pictures Corporation Key Developments
Youku Tudou Signs Licensing Deal with Paramount Pictures to Expand Offerings on Subscription Service
Sep 15 15
Youku Tudou Inc. announced that it has entered into a content licensing agreement with Paramount Pictures that will bring more than a hundred top titles from Paramount Picture's film library to Youku Tudou. Popular franchises and titles such as Transformers, Shrek, Star Trek, Mission: Impossible and Forrest Gump will be viewable through Youku Tudou's subscription service and select future Paramount releases will be available through TVOD. Youku Tudou's subscription service currently offers a wide selection of content from both foreign and domestic studios. More licensed content as well as Youku Tudou web-native content will be added on an ongoing basis, continually enriching the value proposition of the company's subscription services. With this agreement, Youku Tudou will boast a library of over 4,000 movie titles that encompass domestic, foreign and original productions.
NanoTech Secures Licensing Deal with Paramount Pictures
Aug 24 15
NanoTech Entertainment announced that it has signed a licensing agreement with Paramount Pictures that will give UltraFlix users access to over 950 films. The UltraFlix network will begin offering the extensive catalog of titles starting September 1, 2015. This significant agreement will further establish UltraFlix as the leading provider of the best quality content of any streaming network. Paramount’s expansive library boasts many of the most beloved classics, blockbuster hits and fan favorite franchises in cinema history. UltraFlix users will be able to access a world-class array of films including Academy Award® winners like Chinatown, Forrest Gump, Saving Private Ryan and The Godfather; sci-fi hits such as Star Trek (2009), War of the Worlds, Transformers, and Minority Report; action-packed thrill-rides like Mission: Impossible, World War Z, The Hunt for Red October and Top Gun; uproarious comedies such as Anchorman: The Legend of Ron Burgundy, Ferris Bueller’s Day Off, Airplane! and Jackass: The Movie; family favorites like The SpongeBob Movie: Sponge Out Of Water and Jimmy Neutron: Boy Genius; and many, many more.
Sky Faces European Commission Competition Objections over Geoblocking
Jul 24 15
The European Commission has accused Sky and major US studios of anti-competitive behaviour for blocking access to Sky services in the rest of Europe. The EC sent a statement of objections to Sky and the studios Disney, NBCUniversal, Paramount Pictures, Sony, Twentieth Century Fox and Warner Bros, outlining its concerns about clauses in their content licensing deals that prohibit EU consumers located elsewhere to access, via satellite or online, Sky's pay-TV services available in the UK and Ireland. The case represents a clear test of the EC's plans to end so-called geoblocking, where content is limited to specific countries, and reform EU copyright law to allow for cross-border, multi-country distribution of audio and video content. Sky and the studios will have the chance to respond to the EC's allegations before the Commission decides to bring formal charges of competition violations.
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