The Ruthless Rise and Fall of Paramount Pictures During Hollywood’s Golden Age

March 01, 2024

A new version of Paramount looks to be a-borning: Controlling stakeholder Shari Redstone may put her company on the auction block. Foreseeing that ramshackle nickelodeons would not long contain a burgeoning mass audience, he gobbled up real estate, retooled theatrical houses, and built grand motion picture palaces to showcase the emerging art. In 1914, Famous Players merged with a prestigious sounding outfit founded by distributor W. W. Hodkinson, Paramount Pictures Corporation. The Paramount studio lot, circa 1933. Thanks to West, Paramount ended the year with a $6,000,000 surplus.