Who founded Paramount?

Paramount Pictures Corporation is an American film and television production and distribution company and the namesake division of Paramount Global. It is the sixth-oldest film studio in the world, the second-oldest film studio in the United States (behind Universal Pictures), and the sole member of the “Big Five” film studios located within the city limits of Los Angeles.

Who founded Paramount?

Adolph Zukor, Daniel Frohman, and W.W. Hodkinson partnered to establish Paramount Pictures Corporation. In 1916, Zukor engineered a three-way merger of his Famous Players, the Lasky Company, and Paramount. Zukor and Lasky bought Hodkinson out of Paramount and merged the three companies into one.

The new company Lasky and Zukor founded on June 28, Famous Players–Lasky Corporation, although it continued to use the name “Paramount,” as well.

As a result, it became the largest film company at the time with a value of $12.5 million. The corporation was able to grow quickly, with Lasky and his partners Goldwyn and DeMille running the production side, Hiram Abrams in charge of distribution, and Zukor making great plans.

With only the exhibitor-owned First National as a rival, Famous Players–Lasky and its “Paramount Pictures” soon dominated the business.