A discussion of current issues in the entertainment industry by students of Arizona State University
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11 January 2012
Paramount No. 1 in 2011 Global Market Share With $5.17 Billion
This article discusses how Paramount beat three-year winner Warner Bros in global market share for the year. A lot of Paramount's success was its three major movie franchise releases: Transformers 3, Mission Impossible 4: Ghost Protocol and Paranormal Activity 3. Also, Paramount's newly developed animation department provided success after the high profits of Rango's release, allowing Paramount to steadily compete with the other studios.
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