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—paramount_pictures [2016/12/10 22:20] – [CBS-Viacom Split] adds tag Carlos Pedraza
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 +====== Paramount Pictures ======
 +<wrap lo>//See also: [[cbs|CBS Studios]]//</wrap>
  
 +**Paramount Pictures** Corp. (commonly known as Paramount Studios or simply Paramount), is one of the two named [[summary_of_the_lawsuit#plaintiffs|plaintiffs]] in the legal complaint against [[Alec Peters]] and [[Axanar Productions]], producers of the short Star Trek film, //[[Prelude to Axanar]]// and the feature //[[Axanar]]//, formerly //Star Trek: Axanar//.
 +
 +{{ :paramount_logo.gif?nolink|}}
 +
 +{{page>understanding}}
 +
 +While [[CBS]] is the current copyright owner of the Star Trek brand, entitling it to production of television series based on those copyrights, Paramount holds the rights for production of Star Trek motion pictures.
 +
 +==== Legal Representation ====
 +
 +Paramount and CBS are represented in the Axanar suit by the Los Angeles law firm, [[Loeb & Loeb]], whose attorney, [[Jonathan Zavin]], is leading the case against Axanar.
 +
 +===== Corporate Structure =====
 +
 +Paramount is a film studio, television production company and motion picture distributor, consistently ranked as one of the "Big Six" film studios of Hollywood. It is a subsidiary of U.S. media conglomerate [[wp>Viacom]]. Paramount is the fifth-oldest surviving film studio in the world, and America's oldest running studio, founded in 1912.
 +
 +==== Paramount and Star Trek ====
 +[{{ ::star_trek_movie_logo_2009.jpg?250|**STAR TREK** logo as featured in Paramount Pictures'  [[imdb>Star Trek (2009)]] 2009 feature film reboot, directed by J.J. Abrams.}}]
 +
 +At Star Trek's creation, Norway Productions, Roddenberry's production company, shared ownership with Desilu Productions and, after Gulf+Western acquired Desilu in 1967, also with Paramount Pictures, the conglomerate's film studio. Paramount did not want to own the unsuccessful show; net profit was to be shared between Norway, Desilu/Paramount, star William Shatner, and the NBC television network.
 +
 +However, Star Trek had lost money, and the studio did not expect to syndicate it. In 1970, Paramount offered to sell all rights to Star Trek to Roddenberry, but he could not afford the $150,000 price ($914,000 in 2007 dollars).
 +
 +In 1989, Gulf+Western renamed itself Paramount Communications, and in 1994 merged with [[wp>Viacom]]. In 2005, Viacom divided into CBS Corporation, whose [[cbs|CBS Television Studios]] subsidiary retained the Star Trek brand, and Viacom, whose Paramount Pictures subsidiary retained the Star Trek film library and rights to make additional films, along with video distribution rights to the TV series on behalf of CBS.
 +
 +=== The Franchise ===
 +
 +Star Trek is considered Paramount's most important property. Studio executives had begun to call it "the franchise" in the 1980s due to its reliable revenue, and other studios envied its "untouchable and unduplicatable" success. By 1998, Star Trek TV shows, movies, books, videotapes, and licensing provided so much of the studio's profit that "it is not possible to spend any reasonable amount of time at Paramount and not be aware of [its] presence"; filming for //[[mema>Star Trek: Voyager]]// and //[[mema>Star Trek: Deep Space Nine]]// required up to nine of the largest of the studio's 36 sound stages.
 +
 +{{ ::205px-viacom_logo.jpg|}}
 +In 1995, Viacom and Chris-Craft Industries' United Television launched United Paramount Network (UPN) with //Star Trek: Voyager// as its flagship series, fulfilling Barry Diller's plan for a Paramount network from 25 years earlier. In 1999, Viacom bought out United Television's interests, and handed responsibility for the start-up network to the newly acquired [[CBS]] unit, which Viacom bought in 1999, an ironic confluence of events as Paramount had once invested in CBS, and Viacom had once been the syndication arm of CBS as well.
 +==== CBS-Viacom Split ====
 +
 +Reflecting in part the troubles of the broadcasting business, in 2005 Viacom announced that it would split itself in two, which was completed in January 2006. The Viacom Inc. board split the company into CBS Corporation and a separate company under the Viacom name. Under the plan, CBS Corp. would comprise the CBS and UPN television networks, Paramount Television, Showtime, publisher Simon and Schuster, and CBS News, among other subsidiaries. The revamped Viacom would include MTV, VH1, Nickelodeon, BET and several other cable networks as well as Paramount Pictures.
 +
 +In 2009, CBS stopped using the Paramount name in its series and changed the name of the production arm to CBS Television Studios, eliminating the Paramount name from television, to distance itself from the latter.
 +
 +<WRAP round info>
 +Portions of this article were adapted from the articles, **[[wp>Paramount Pictures]]** and **[[wp>Star Trek]]**.</WRAP>
 +
 +----
 +**Keywords**
 +{{tag>plaintiffs players lawsuit summary_judgment}}