The fourth quarter and full year revenue results for Viacom Inc. (parent company of Paramount) were released and the company did better than had been expected by Wall Street.
Viacom, which owns media properties such as MTV and Nickelodeon cable networks, as well as Paramount, attributes the increase in profitability to its Filmed Entertainment segment as [...]

Harlan Ellison is satisfied with the settlement of his lawsuit against Paramount.
Ellison filed suit against Paramount and the Writers Guild of America in March, looking for an accounting and payment from merchandising, publishing and other exploitations of his famous teleplay, The City on the Edge of Forever.

After a first quarter loss, Paramount has reason to be grateful for the profitability of Star Trek XI.
As reported by Variety, the first quarter for Paramount was a dismal one, with the studio posting a &_#36;123 million operating loss.

Harlan Ellison, writer of the award-winning City on the Edge of Forever original series episode, filed suit against Paramount on March 13 for failing to account to, or pay Ellison for the merchandising, publishing or any other exploitations of his famous teleplay.
As reported by Harlanellison.com, the lawsuit also names the Writers Guild of America, [...]