When entertainment is paramount, many people turn to Paramount Pictures Corporation. A subsidiary of media firm
, the company produces and distributes films through Paramount Pictures, Paramount Animation, Paramount Classics, Insurge Pictures, MTV Films, Nickelodeon Movies, and
. It maintains the Paramount Pictures library of some 3,300 films, including classic hits from the
series, and releases about a dozen new titles annually. Paramount Pictures distributes movies on video and DVD through
Paramount Home Entertainment
The company is part of the Filmed Entertainment segment (which accounts for about 20% of sales) of
Paramount is focused on producing and ditributing profitable movies through an annual slate that includes a mix of a few key major-budget movies called "tentpoles" along with smaller, more modest-budget titles. The studio is also capitalizing on distribution agreements with other studios.
Paramount was founded as Famous Players Film Company by Adolph Zukor in 1912; it was acquired by Viacom in 1994.