1980s: THE BIRTH OF FRANCHISES

The eighties gave rise to some of the nation’s most memorable films – many of which went on to become enduring franchises.

• STAR TREK (1979, 1982, 1984, 1986,1989)
• AIRPLANE! (1980, 1982)
• FRIDAY THE 13TH (1980, 1981, 1982, 1984, 1985, 1986, 1988, 1989)
• RAIDERS OF THE LOST ARK / INDIANA JONES (1981, 1984)
• BEVERLY HILLS COPS (1984, 1987)

Paramount also was recognized for its poignant dramas including ORDINARY PEOPLE (1980), which went on to win three Academy Awards and TERMS OF ENDEARMENT (1983), the most celebrated film of the year winning five Academy honors including Best Picture.

In 1986, Paramount captured a 22% share of the domestic box-office revenue, twice that of its closest competitor.  In addition, the studio had five of the year’s ten top-grossing films:  TOP GUN, CROCODILE DUNDEE, STAR  TREK IV: THE VOYAGE HOME, THE GOLDEN CHILD and FERRIS BUELLER’S DAY OFF. 

On June 5, 1989, G+W was officially renamed Paramount Communications, Inc.