In a breaking story by the Hollywood Reporter, Paramount Pictures has announced that Doug Liman is set to direct their ...

Paramount Pictures buys independent film studio DreamWorks SKG Inc. in a deal worth $1.6 billion. ... Spielberg said in 1994 that he wanted to create a "playground" for filmmakers.

Paramount Pictures celebrated its 100th anniversary Friday. ... Redstone in 1994 succeeded in his mission to own Paramount. And on Friday, ...

A private equity group headed by billionaire George Soros has entered into exclusive negotiations to acquire the 59-title movie library of DreamWorks SKG from Paramount Pictures, according to ...

In 1994, when Sumner M. Redstone bought Paramount Pictures for about $10 billion, the equivalent of about $22 billion today, he did more than just take over a company. He ascended a cultural throne.