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Paramount may produce 'Paranormal Activity' sequel by Company Town

Can lightning strike twice? Paramount Pictures is hoping so, as the studio is actively considering producing a sequel to "Paranormal Activity," the out-of-the-blue horror flick that cost $15,000 to produce and has sold $62.5 million worth of...
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Paramount fills long-empty home entertainment slot by Company Town

After five months without a president of worldwide home entertainment, Paramount has promoted Dennis Maguire, who previously oversaw DVD sales overseas, to the post. Maguire became president of Paramount Home Entertainment International in 2006 after...
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'Paranormal Activity' outdoes estimate by 12% by Company Town

Sunday was a scarier day at the box office than we thought. "Paranormal Activity" was already set to break records this weekend based on Paramount's ticket sales estimate yesterday morning. But the low-budget horror film blew past that estimate...
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'Paranormal Activity' to play outside of midnight after another strong weekend by Company Town

"Paranormal Activity" is turning into a scary box office phenomenon for Paramount, putting up the second-highest per-theater average of any movie this weekend despite only playing midnight shows. The ultra-low-budget horror film sold $535,000...
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'Paranormal Activity': Do midnight sell-outs suggest it's the next 'Blair Witch'? by Company Town

Producer Jason Blum spent nearly two years bringing the ultra-low-budget thriller "Paranormal Activity" to theaters. "It finally feels," he says, "like we're entering the third act." When Blum saw long lines snaking around...
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'Paranormal Activity' moves into wider release by Company Town

Following "Paranormal Activity's" robust debut in a handful of midnight screenings last weekend, Paramount Pictures said Monday that it is bringing its micro-budget thriller to 20 more cities on Friday. Paramount said more than 200,000 fans...
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'Paranormal Activity' expanding after selling out nearly all midnight shows by Company Town

"Paranormal Activity" is scaring late-night college crowds just like Paramount Pictures had hoped. Twelve college towns played the ultra-low-budget horror film at late-night screenings Friday and Saturday, and virtually all sold out. The sole...
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Paramount Pictures spokeswoman Patti Rockenwagner is leaving by Company Town

Patti Rockenwagner is leaving Paramount Pictures after just 16 months as executive vice president of corporate communications for the movie studio. Rockenwagner joined the studio in May 2008 from Time Warner Cable Inc., where she was vice president of...
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New Batman video game a major hit, G.I. Joe game disappoints by Company Town

Warner Bros. may not have a new Batman movie this year, but the Caped Crusader is turning out to be the biggest thing in Hollywood-licensed video games. Batman: Arkham Asylum sold 593,000 units in August according to NPD Group, which...
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$1 Redbox DVD rentals could pinch Internet video services, study finds by Company Town

Apparently there's more to fear in Redbox's $1 DVD rentals than meets the eye. The leading DVD kiosk vendor has done deals with half of the Hollywood studios (Lions Gate Entertainment, Sony Corp. and Paramount Pictures), while the other half....
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Paramount to study Redbox effect before triggering $575 million deal by Company Town

As Hollywood lines up for and against Redbox, Paramount has decided to split the difference The Viacom-owned studio has signed a first-of-its-kind trial deal with the $1-per-night DVD rental company, making its titles available through the end of the...
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'Shutter Island' shuttered until next year by Company Town

Paramount Pictures is pushing the release of director Martin Scorsese's highly anticipated "Shutter Island," starring Leonardo DiCaprio, from Oct. 3 to Feb. 19 of next year. The move means that the gothic thriller won't be in Oscar contention...
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Sources: Paramount in talks to merge backroom DVD operations with Sony and Fox by Company Town

Paramount Pictures is in talks with at least two of its competitors to merge some elements of its home video backroom operations, people briefed on the negotiations said. While negotiations are in a very preliminary stage, the Viacom-owned studio has...
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Michael Bay: Critics don't get my movie, but audiences do by Company Town

Michael Bay's "Transformers: Revenge of the Fallen" barely missed breaking the 5-day box-office record held by "The Dark Knight," according to final figures released Monday morning. A year ago, filmmaker Chris Nolan's Batman...
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Imagine that: Paramount Pictures needs fixing by Company Town

Sanford C. Bernstein Media analyst Michael Nathanson has issued a blistering report on Viacom's Paramount Pictures in the aftermath of studio Chairman Brad Grey's latest overhaul of his production team. The studio, Nathanson writes, "has...
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