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Motion Picture Industry: Companies
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Paramount Pictures is one of the first major motion picture studios, tracing its roots back to 1912. With more than 2,500 titles such as The Ten Commandments, Forrest Gump, The Godfather, and many more in its collection, Paramount has established itself as one of the leading production and distribution companies worldwide. Paramount chooses to capitalize on the creative resources available at other Viacom divisions. For example, with Nickelodeon Pictures, Paramount has released Snow Day and with MTV, such titles as Dead Man on Campus, Beavis & Butt-head Do America, and Varsity Blues remain as blockbusters. In order to reduce financial risks, Paramount has formed strategic production partnerships with other companies, such as Buena Vista, DreamWorks, and 20th Century Fox. The domestic theatrical distribution of Paramount’s films is handled internally... its international distribution is usually handled by United International Pictures (UIP), which releases to over 60 territories around the globe.
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COLUMBIA, Md., Aug. 20 /PRNewswire/ -- Paradise24P, a Maryland based Commercial and Motion Picture Production Company, is proud to announce the grand opening of their state of the art facility, located strategically in Columbia, MD between the Baltimore and Washington markets. Situated in a relaxed campus setting; Advertising Agencies, Producers and Directors can avoid the often hectic and stressful environment of production facilities located in the gridlock of the city and get those "creative juices flowing" within a tranquil setting, yet they can reach Paradise24P within minutes of each municipality. Of significant note, is Paradise's use of 24P technology, to photograph and edit commercials and motion pictures in this revolutionary digital 24 frame video format. Although 24P was initially unacceptable in Hollywood, now that filmmakers such as George Lucas have utilized 24P in the production of both Star Wars Episodes II and III, the format is beginning to find almost universal acceptance.
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The motion picture industry produces mainly first-run movies and secondary releases, distributed first through theatres and later on various media through a variety of commercial outlets. Secondary releases, mainly on DVD through wholesale and retail channels, contribute 50 percent of industry revenue, while first-runs account for about 20 percent. Other products include commercials, music videos, special features, and post-production and technical services. Some companies sell merchandise or earn fees from licensing brand names to third-party manufacturers. Distribution of previously released productsis through theatres; wholesalers and retailers; network, local, cable, and satellite TV; the Internet; and other distributors. Companies that both produce and distribute product account for 97 percent of industry revenue.
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The US motion picture production and distribution industry includes about 11,000 companies with combined annual revenue of $33 billion. Major companies include Disney, Sony Pictures, MGM, Paramount, FOX, Universal, and Warner Bros. The top motion picture studios are generally part of larger media companies. The industry is highly concentrated: the 50 largest companies account for about 80 percent of industry revenue. Most companies are small and privately held. Most of the industry, including many independent firms, engages in both production and distribution; about 500 firms are solely distributors.
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Panavision is a motion picture equipment company specializing in cameras and lenses, based in Woodland Hills, California. Formed by Robert Gottschalk as a small partnership to create anamorphic projection lenses during the widescreen boom in the 1950s, Panavision expanded its product lines to meet the demands of modern filmmakers. The company introduced its first products in 1954; originally a provider of CinemaScope accessories, the company's line of anamorphic widescreen lenses soon became the industry leader. In 1972, Panavision helped revolutionize filmmaking with the lightweight Panaflex 35 mm movie camera. The company has introduced other groundbreaking cameras such as the Millennium XL (1999) and the digital video Genesis (2004).
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In the early 1900s, in the earliest years of the industry, motion picture production companies from New York and New Jersey started moving to California because of the good weather and longer days. Although electric lights existed at that time, none were powerful enough to adequately expose film; the best source of illumination for movie production was natural sunlight. Besides the moderate, dry climate, they were ... drawn to the state because of its open spaces and wide variety of natural scenery.
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