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The 2012 box office got off to a fine start this weekend, as Paramount's "found footage" (riiiight...) horror movie "The Devil Inside," which the studio acquired for just under $1 million, earned a tremendous $34.5 million in its first three days, becoming the first breakout box office star since "The Lion King 3D."

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CNNMoney: 'Super 8' sneak preview tickets hyped on Twitterupdated: Wed Jun 08 2011 15:53:00

"Super 8" has much buzz ahead of its release, thanks to the big names behind it: writer/producer J.J. Abrams and producer Steven Spielberg. The hype factor increased even more Wednesday, when Paramount Pictures began advertising on Twitter about a one-day-early sneak preview of the film.

'Paranormal' a Halloween must-seeupdated: Mon Oct 25 2010 12:20:00

Rolling Stone movie critic Peter Travers says the sequel to sleeper hit "Paranormal Activity" is as good as the original.

South Africa's booming defense industryupdated: Fri Sep 17 2010 09:25:00

Ivor Ichikowitz has been at the forefront of South Africa's booming defense industry over the past 15 years.

Military equipment boom in South Africaupdated: Fri Sep 17 2010 09:25:00

CNN's Diana Magnay takes a look at one of South Africa's main military equipment manufacturers.

CNNMoney: Netflix shares rise 6% on Epix dealupdated: Tue Aug 10 2010 13:58:00

Shares of Netflix surged more than 6% Tuesday, after the company announced an agreement with pay-cable movie channel Epix to stream films online from three major movie studios.

Trendy teens bite teens to show loveupdated: Tue Jul 06 2010 12:16:00

Fans of the film "Twilight" have begun biting fellow teenagers to show affection. CNN's Kyra Phillips reports.

Fortune: 3 undiscovered mutual fundsupdated: Thu May 27 2010 07:28:00

The 25 investors featured our retirement guide make up a team of established all-stars. But in the wide world of mutual funds, sometimes even great performers can escape the critics' notice. That's why we decided to go in search of talent that has thrived long-term without the attention and the assets that typically follow. Herewith, three tiny (less than $300 million in assets) funds that deserve more acclaim:

CNNMoney: Ash cloud grounds U.S. produce, fish and partsupdated: Tue Apr 20 2010 14:51:00

From California produce to New England seafood, the ash cloud from the Iceland volcano is taking its toll on U.S. businesses. Air traffic to and from Europe has been disrupted for days, and that is keeping goods grounded.

People.com: Brad's Beard Getting Him Into Character?updated: Fri Jan 08 2010 21:09:00

Pitt is rumored to be gearing up to play Percy Fawcett, a British explorer in an upcoming film

iReporter: 'Parnormal' is freakyupdated: Mon Oct 12 2009 20:01:00

iReporter Rajiim Gross say the audience was 'freaked out' by the new movie 'Paranormal Activity.'

Surprise hit 'Paranormal Activity' scares money out of moviegoersupdated: Mon Oct 12 2009 20:01:00

The new horror movie "Paranormal Activity" could be filling movie studio marketing departments with fear.

'G.I. Joe' wins box office battleupdated: Sun Aug 09 2009 15:00:00

One month after the record-breaking opening of "Transformers: Revenge of the Fallen," the team of Paramount and game-maker Hasbro proved again that toys are serious business at the box office.

The Scene: 'G.I. Joe's' path of destructionupdated: Fri Aug 07 2009 12:33:00

"G.I. Joe: The Rise of Cobra" has more than a few jaw-dropping scenes.

People.com: Channing Tatum's G.I. Joe Kept Under Wrapsupdated: Tue Aug 04 2009 15:28:00

The studio wants audiences, not critics, to be the first to judge the movie

Book it: L.A. style for lessupdated: Mon Jul 27 2009 13:26:00

Whatever your vibe, one of these new hotels will fit the bill.

'Marley' on top for second straight weekupdated: Sun Jan 04 2009 15:28:00

If the box office this weekend is any indication of what 2009 will be like, maybe there is a reason for some optimism.

Fortune: Viacom's rocky pay-TV picture showupdated: Thu Sep 25 2008 04:35:00

In April, Paramount Pictures walked away from a deal to air its movies on pay-TV channel Showtime. Instead, it announced a plan to start up a rival channel with two other longtime Showtime suppliers, MGM and Lionsgate. To the uninitiated, that might have appeared a nugget of passing interest, as in: Great, another movie channel ... I guess.

The battle over 'The Godfather'updated: Wed Sep 24 2008 10:58:00

"The Godfather" was supposed to be terrible.

Time.com: Financial Crisis Puts Squeeze on Hollywoodupdated: Thu Sep 18 2008 01:00:00

Big banks only recently got into the business of moviemaking. Now, some are bailing out

Time.com: Next Potter Movie Pushed Backupdated: Thu Aug 14 2008 19:10:00

Harry Potter and the Half-Blood Prince the sixth installment in the blockbuster film franchise about boy wizard Harry, is moving from its planned Nov. 21 release to July 17, 2009

Commentary: Critics of 'Tropic Thunder' are missing the pointupdated: Wed Aug 13 2008 14:39:00

It is hard to imagine that DreamWorks and Paramount, the companies behind "Tropic Thunder," did not foresee some sort of reaction from activist groups.

Time.com: Paramount Drops $450M Bank Dealupdated: Tue Jul 15 2008 18:00:00

A tight credit market prompted Viacom Inc.'s movie-making subsidiary, Paramount Pictures, to drop a deal for $450 million in financing from Deutsche Bank

Fortune: Redstone's next moveupdated: Mon Jun 30 2008 07:44:00

The drama around the possible defection from Paramount of the cinematic powerhouses behind DreamWorks is headline-grabbing - but it's only a distraction from what must really be driving Sumner Redstone crazy: In tough times for media giants, Viacom and CBS are doing even worse than their peers.

People.com: MTV Video Music Awards Shift to Hollywoodupdated: Mon Jun 23 2008 14:35:00

September's 25th anniversary ceremony will include viewer nominations

People.com: Admission Impossible? Redstone Calls Cruise 'Good Friend'updated: Tue May 06 2008 18:09:00

In a turnaround, the mogul gives his blessing to a fourth MI With Cruise

Fortune: Paramount eyes going it aloneupdated: Mon Apr 21 2008 17:47:00

Is Sumner Redstone simply looking for leverage in his negotiations with CBS's Showtime? It sure looked that way Monday when Redstone's Viacom announced that its movie studio Paramount Pictures is in talks with Metro-Goldwyn-Mayer and Lionsgate to create a new premium pay-tv cable channel - potentially making it a direct competitor to its current cable distributor and former corporate sibling over at CBS.

'The Kite Runner' controversyupdated: Fri Oct 05 2007 12:40:00

CNN's Kareen Wynter looks at why the movie 'The Kite Runner' is raising concerns about the boy in it.

Actors silenced at Emmysupdated: Wed Sep 19 2007 06:12:00

CNN's Carol Costello reports on censorship at the Emmy Awards -- political or otherwise.

CNNMoney: Viacom preparing for Spielberg departureupdated: Wed Sep 19 2007 06:12:00

DreamWorks Animation SKG Inc. head Jeffrey Katzenberg said Wednesday that Viacom Inc. shouldn't be nonchalant about the possibility of losing Steven Spielberg.

CNNMoney: Get Your Game Onupdated: Tue Sep 11 2007 01:53:00

Get Your Game On

CNNMoney: DreamWorks, Paramount pick HD DVDupdated: Tue Aug 21 2007 07:45:00

Viacom Inc's Paramount Pictures and DreamWorks Animation said on Monday they will release their DVD titles exclusively on HD DVD ahead of what they say could be the biggest holiday season ever for DVDs.

Weekend movie previewupdated: Sun Aug 12 2007 04:54:00

Weekend movie preview

CNNMoney: 'Transformers' in record weekupdated: Sun Jul 08 2007 06:05:00

"Transformers," the big-budget movie about alien robots battling on Earth, raked in $67.6 million at box offices over the weekend to land at No. 1 and bring its seven-day total to a record $152.6 million, according to studio estimates on Sunday.

CNNMoney: Paramount inks licensing pact for theme parkupdated: Mon Jun 25 2007 06:50:00

Film studio Paramount Pictures Monday said it agreed to let Middle East real estate company Ruwaad Holdings build a theme park in the United Arab Emirates using its hit movies such as "Titanic."

Indie films or big budget movies?updated: Thu Mar 29 2007 06:48:00

It's the age-old question -- major movie house or independent film? On the one hand, a multi-million dollar budget with directorial handcuffs; on the other, creative freedom limited only by concerns over cash.

Fortune: Bob Wright's next moveupdated: Tue Feb 20 2007 07:49:00

In 1986, when Robert Wright went from running GE's finance division to running NBC, David Letterman joked that his new boss was going to order up a miniseries on the toaster oven. Twenty-one years ...

CNNMoney: Oscar$: No love, no money?updated: Mon Jan 22 2007 09:10:00

Actors, actresses and directors were eagerly awaiting the Academy Award nominations announcement on Tuesday morning.

CNNMoney: Stocks jittery after UK hikes ratesupdated: Thu Jan 11 2007 05:20:00

U.S. stocks were poised to open slightly lower Thursday, with futures turning around after the Bank of England raised interest rates in a surprise move.

CNNMoney: Forrest Gump runs to iPodsupdated: Tue Jan 09 2007 06:18:00

Apple Computer Inc.'s iTunes plans to start selling movies owned by Viacom Inc.'s Paramount Pictures, according to a report Tuesday.

Fortune: The women of Viacomupdated: Wed Oct 11 2006 06:51:00

Viacom's revolving door - goodbye, Toms Freston and Cruise! - places the media giant's large cast of powerful women in a particular spotlight: as stalwart survivors who keep the businesses going am...

CNNMoney: Paramount: Cruise is risky businessupdated: Tue Aug 22 2006 18:54:00

Paramount Pictures will end its longstanding relationship with Cruise/Wagner Productions, actor Tom Cruise's production company, citing his erratic behavior, according to a published report.

CNNMoney: $nake$ on a plane?updated: Fri Jul 28 2006 10:18:00

Mutants, the Man of Steel and pirates have dominated the summer box office so far. But will a clueless NASCAR driver and a horde of slithering airborne serpents keep people coming to theaters in the dog days of the season?

CNNMoney: "Mission: Impossible III" opening disappointsupdated: Sun May 07 2006 13:49:00

LOS ANGELES, May 7 (Reuters) - "Mission: Impossible III," the first big action film of the summer, opened disappointingly at the weekend box office in North American, despite a whirlwind publicity tour by its pricey star, Tom Cruise.

Fortune: Mr. MTV Grows Upupdated: Thu Apr 13 2006 11:58:00

Say something in Farsi, Tom. "Dasterast is 'to the right,'" replies Tom Freston, the new chief executive of Viacom. "And dastechap is 'to the left.' Ruberu is 'straight ahead,'" he goes on.

Fortune: Viacom unboundupdated: Mon Apr 10 2006 11:54:00

The media industry was shaped by moguls who wanted more of everything -- more newspapers, more radio and TV stations, more studios, more power. The great empire builders included William Randolph Hearst and Al Neuharth, David Sarnoff and William Paley, Steve Ross and Lew Wasserman, Walt Disney and Michael Eisner, Rupert Murdoch and -- yes -- Sumner Redstone.

Fortune: Mr. MTV grows upupdated: Mon Apr 10 2006 11:49:00

Say something in Farsi, Tom. "Dasterast is 'to the right,'" replies Tom Freston, the new chief executive of Viacom. "And dastechap is 'to the left.' Ruberu is 'straight ahead,'" he goes on.

CNNMoney: Serwer's picks: Delta, Dreams, and Caseupdated: Mon Dec 12 2005 08:22:00

Looking for some stock inspiration for Monday? Here's three items worth considering ...

CNNMoney: Taking a high toneupdated: Mon Dec 12 2005 05:41:00

Stocks could get a lift Monday from some good corporate news, including labor agreements and merger talk.

showbuzzupdated: Fri Oct 28 2005 12:49:00

Kenny Chesney says his music has helped him deal with the breakup of his brief marriage to "Bridget Jones" actress Renee Zellweger.

CNNMoney: Hollywood plays it againupdated: Fri May 28 2004 15:33:00

Hollywood has decided you can't have too much of a good thing, so a flood of remakes is set to jam the nation's multiplexes.

Money Magazine: Desperately Seeking Small-Caps A day doesn't go by, it seems, without a good small-cap fund closing on us.updated: Mon Apr 01 2002 00:01:00

It's a small-cap revival: the large-cap Standard & Poor's 500-stock index lost nearly 12% in 2001, while the small-cap Russell 2000 finished with a 2.5% gain. Value-priced smaller stocks led the wa...

Fortune: We Know What You're Doing Next Summer Movie studios finally found a formula for the perfect summer. Unfortunately, every elementupdated: Mon Oct 01 2001 00:01:00

If you're old enough to attend an R-rated movie without a chaperone, you probably sympathize with Esquire's assessment of this past summer. After sitting through "one crappy blockbuster after anoth...

Fortune: Hits--Or Misses?updated: Mon Jun 25 2001 00:01:00

When Salomon Smith Barney analyst Jill Krutick upgraded Disney, citing the "psychological impact" of Pearl Harbor, it raised more than a few eyebrows. After all, can one movie, even a blockbuster, ...

Fortune: Playlistupdated: Mon Nov 13 2000 00:01:00

U2 All That You Can't Leave Behind Interscope

Fortune: Have Caviar, Will FedExupdated: Mon Jun 26 2000 00:01:00

Luxury should be easy: Whatever it is that you want, you shouldn't have to budge from your divan to pick it up. In that spirit, FORTUNE tested a variety of Websites for service and quality of belug...

Fortune: Viacom: Redstone's Remarkable Ride to the Top Sumner Redstone led a revival at Blockbuster video, silenced his updated: Mon Apr 26 1999 00:01:00

Why is it, exactly, that people have always underestimated Sumner Redstone? Could it be that he spent most of his life away from the media glare, running a not-very-glamorous chain of movie theater...

Fortune: There's No Business Like Show Business In fact, it just may be the weirdest business on earth. Today a handful of powerful CEOs updated: Mon Jun 22 1998 00:01:00

All this spring along the Potomac, government lawyers and economists were trying to decide whether they should let News Corp. join forces with Time Warner and other cable operators to offer satelli...

Fortune: The Dream Factories Reborn Fifty years after the demise of the studio system, Hollywood's back lots are busier--and grander--thaupdated: Mon Feb 16 1998 00:01:00

Anthropologist Hortense Powdermaker, in her 1949 book Hollywood, the Dream Factory, writes that for all their glamour, the movie studios of her era were not too impressive: "They combine a bungalow...

Fortune: ONCE AGAIN, IT'S DILLER TIME WHY SEAGRAM'S DEAL WITH BARRY DILLER MAKES SENSEupdated: Mon Nov 24 1997 00:01:00

"It's a very complicated transaction," says Barry Diller, after unveiling a deal with his old friend Edgar Bronfman Jr. that gives him control of the TV operations of Seagram's Universal Studios. T...

Money Magazine: THESE FUNDS REFUSE TO LOSE OF THE 368 DIVERSIFIED FUNDS THAT HAVE KEPT THE SAME MANAGERS OVER THE PAST DECADE, WE FOUND JUST 10-updated: Thu May 01 1997 00:01:00

With stock prices doubling and then doubling again in the past decade, you'd think that dozens of funds would have racked up 10 straight moneymaking years. Think again. According to Chicago fund re...

Fortune: AN OPEN-AND-SHUT CASE AT FPA PARAMOUNT SOMETIMES TRUTH IS STRANGER THAN SPECULATION. WITNESS WHAT LIES BEHIND FUND MANAGER BILL updated: Mon Apr 14 1997 00:01:00

If the case against index funds ever came to trial, FPA Paramount would be Exhibit A. The fund has soundly beaten the S&P 500 over the past 15 years and hasn't suffered a losing calendar year since...

Money Magazine: SEVEN STRATEGIES TO HELP YOU OUTRUN THE MARKET WE PINPOINT THE SMARTEST WAYS TO SELECT SHARES THAT CAN GALLOP updated: Sat Jun 01 1996 00:01:00

If you're like most small investors, you probably worry that you're at an enormous disadvantage to the pros when it comes to stock picking. And since, on average, even experienced mutual fund manag...

Fortune: The new merger boom New combinations are reshaping America's largest industries, with consequences for all. Shareholders could bupdated: Mon Nov 28 1994 00:01:00

LIKE A GALE, mergers are sweeping across America's corporate landscape, and the wind speed is picking up. As with the great merger booms of the Sixties and the mid-Eighties, this one, too, will lea...

Money Magazine: THE LAST WORD When to sell a takeover targetupdated: Fri Jul 01 1994 00:01:00

Mergers and takeovers are in fashion again. Within the past six months, Viacom snapped up Paramount for $10 billion, Northrop bought Grumman for $2.1 billion, Gerber agreed to be acquired by Sandoz...

Money Magazine: HOW YOU CAN MAKE A BUCK ON THE PARAMOUNT DEALupdated: Fri Apr 01 1994 00:01:00

Enough talking about the five-month takeover fight from hell in which Sumner Redstone's Viacom defeated Barry Diller's QVC for the right to pay too much for Paramount Communications. Now for the re...

Fortune: SCRAMBLE ON THE INFORMATION HIGHWAY Soon artists from Arnold Schwarzenegger to the Grateful Dead to Danielle Steel will be able updated: Mon Feb 07 1994 00:01:00

HOLLYWOOD HAS BEEN SLOW to catch on to the computer age. Sure, last year the Macintosh PowerBook became a fashion accessory for producers and stars -- even though it isn't always a useful tool for ...

Fortune: 1993 BUSINESS MILESTONES updated: Mon Jan 10 1994 00:01:00

JANUARY Jan. 25-29 -- Under pressure, underperforming CEOs John Akers, 58, of IBM; Paul Lego, 62, Westinghouse; and James Robinson III, 57, American Express, resign. (Come Oct. 15, John Sculley, 54...

Money Magazine: A power play HOW YOU CAN CASH IN ON THE MULTIMEDIA BOOMupdated: Wed Dec 01 1993 00:01:00

The fierce fight for Paramount Communications and Bell Atlantic's proposed acquisition of Tele-Communications Inc. have made media stocks the market's hottest group nowadays. For example, the asset...

Fortune: BABY BELLS BRANCH OUTupdated: Mon Nov 01 1993 00:01:00

As investors can attest, the seven Baby Bells prospered as local phone companies after the January 1984 breakup of AT&T. The subsequent bonanza of cellular communications didn't hurt. But now the g...

Fortune: LOOK, MA! IT'S THE 1980s!updated: Mon Oct 18 1993 00:01:00

A surge in mergers and acquisitions (see chart) has Wall Streeters digging out their yellow power ties. The revival became particularly festive as home shopping powerhouse QVC Network and cable gia...

Fortune: WHO OWNS THIS COMPANY, ANYHOW? To protect their huge and illiquid stockholdings, institutional investors are increasingly callinupdated: Mon Jul 29 1991 00:01:00

UNDER the infelicitous banner of ''corporate governance,'' institutional investors are banding together to demand -- and get -- a bigger say in how companies are run. The movement was led by the hu...

Fortune: THE INSIDE STORY OF TIME WARNER The year's fiercest takeover tangle sparked elation, despair, fury, and accusations in the courtupdated: Mon Nov 20 1989 00:01:00

AROUND SIX O'CLOCK on the evening of June 6, Time Inc. CEO J. Richard Munro walked into the office of President N. J. ''Nick'' Nicholas Jr. holding a fax message in his hand and a blank stare of di...

Fortune: A LEGAL VICTORY FOR THE LONG TERM By allowing Time Inc. to buy Warner and repel Paramount's hostile bid, a Delaware court backedupdated: Mon Aug 14 1989 00:01:00

FOR CORPORATE managers, directors, shareholders, and potential acquirers, William T. Allen may have changed the world in July. In allowing Time Inc. to pursue its acquisition of Warner Communicatio...

Fortune: FORTUNE magazine contents page AUGUST 14, 1989 VOL. 120, NO. 4 updated: Mon Aug 14 1989 00:01:00

MANAGING/Cover Story 30 REINVENTING IBM CEO John Akers has shattered tradition by publicly discussing the company's shortcomings. Better yet, he has set out to fix them. He's reorganized the bureau...

Fortune: FIRST SALVOS IN THE FIGHT FOR TIMEupdated: Mon Jul 03 1989 00:01:00

Martin S. Davis, chairman and CEO of Paramount Communications -- ne Gulf & Western -- knows a good business strategy when he steals one. For the past three months he listened to J. Richard Munro, h...

Fortune: LESSONS FROM HOLLYWOOD HIT MEN You think your business faces uncertainty? Studio chiefs grapple with some of the worst. In this updated: Mon Aug 29 1988 00:01:00

AMONG the more improbable scripts to emerge from Hollywood in recent years is the story of the movie industry's own box office comeback. After a drop in admissions and theatrical revenues in the mi...

Fortune: WHY U.S. FLICKS ARE FOREIGNERS' FAVESupdated: Mon Aug 29 1988 00:01:00

Chuck and Di were there. So were stars Paul Hogan and Linda Kozlowski, and the paparazzi. It was the royal premiere of Paramount's ''Crocodile'' Dundee II at London's vast Empire Theatre Leicester ...

Fortune: Not just another pretty faceupdated: Mon Dec 07 1987 00:01:00

Nine months ago David Londoner, a respected entertainment analyst at the Wertheim brokerage firm, was asked his opinion of Dawn Steel, chief of production at Paramount. ''Dawn Steel?'' came the bew...

Fortune: Wall Street's movie criticsupdated: Mon Jun 22 1987 00:01:00

It's summertime, and the viewing is easy. Since movie theaters sell 40% of the year's tickets between Memorial Day and Labor Day, studios crank out reels of new releases and spend plenty promoting ...

Fortune: COVER THE YEAR'S 50 MOST FASCINATING BUSINESS PEOPLE MICHAEL EISNER PUTTING MAGIC BACK IN THE MAGIC KINGDOMupdated: Mon Jan 05 1987 00:01:00

IF YOU WANT PROOF that raiders really can jolt a comatose company into healthy activity and oust leaden management in favor of leaders with a golden touch, just look at how the Walt Disney Co. has ...

Fortune: Moviemakers line up for theater seatsupdated: Mon Sep 01 1986 00:01:00

The most exciting attraction in the movie business these days is not the generally dreary crop of summer films but the movie theaters themselves. Cine- plex Odeon, a Toronto-based theater operator ...

Fortune: MICHAEL EISNER PUTTING MAGIC BACK IN THE MAGIC KINGDOMupdated: Sun Jan 05 1986 00:01:00

IF YOU WANT PROOF that raiders really can jolt a comatose company into healthy activity and oust leaden management in favor of leaders with a golden touch, just look at how the Walt Disney Co. has ...

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