Paramount: We Did Well



Although operating profits for Paramount was down for the fiscal year which ended in September, there were bright spots when it came to the financial report.

One of those bright spots came courtesy of the summer movies, including Star Trek into Darkness.

“This was an unusually crowded tentpole summer,” said CEO Philippe Dauman. Star Trek into Darkness and World War Z, “did quite well” all things considered.

Paramount was pleased because they were “unique in not having a tentpole that failed during the summer.”

“We feel we are going to have a solid year at Paramount,” said Dauman, referring to the new fiscal year that began in October. “We are in development on a number of sequels, includes Mission Impossible, Star Trek, G.I. Joe, as well as World War Z.”

Source: The Hollywood Reporter

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