After a first quarter loss, Paramount has reason to be grateful for the profitability of Star Trek XI.<\/p>\n
As reported by Variety<\/a>, the first quarter for Paramount was a dismal one, with the studio posting a &_#36;123 million operating loss. “We were in a situation where we weren’t fully in control of our release slate,” said Viacom CEO Philippe Dauman<\/b>. “We now have full control of our slate. We won’t be in a position where our big, franchise pictures are offset” by a handful of smaller, less successful films.”<\/p>\n “That’s why Star Trek<\/i> is so important,” he added. “We greenlit Star Trek 2<\/i> several weeks before the release of 1 because we knew what we had.”<\/p>\n Star Trek XI<\/i> continues to do well at the box office. It has earned &_#36;193 million in three weeks and is well on pace to become the highest grossing film of 2009. That position is currently held by Monsters vs. Aliens<\/i>, which has been running for nine weeks.<\/p>\n To read more, head to the article located here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" After a first quarter loss, Paramount has reason to be grateful for the profitability of…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2401],"tags":[2690,2538],"class_list":["post-5661","post","type-post","status-publish","format-standard","hentry","category-star-trek-xi","tag-box-office","tag-paramount"],"featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","newsphere-slider-full":"","newsphere-featured":"","newsphere-medium":""},"author_info":{"display_name":"T'Bonz","author_link":"https:\/\/trektoday.com\/content\/author\/tbonz\/"},"category_info":"Star Trek: XI<\/a>","tag_info":"Star Trek: XI","comment_count":"0","_links":{"self":[{"href":"https:\/\/trektoday.com\/content\/wp-json\/wp\/v2\/posts\/5661","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/trektoday.com\/content\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trektoday.com\/content\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trektoday.com\/content\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/trektoday.com\/content\/wp-json\/wp\/v2\/comments?post=5661"}],"version-history":[{"count":3,"href":"https:\/\/trektoday.com\/content\/wp-json\/wp\/v2\/posts\/5661\/revisions"}],"predecessor-version":[{"id":6881,"href":"https:\/\/trektoday.com\/content\/wp-json\/wp\/v2\/posts\/5661\/revisions\/6881"}],"wp:attachment":[{"href":"https:\/\/trektoday.com\/content\/wp-json\/wp\/v2\/media?parent=5661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trektoday.com\/content\/wp-json\/wp\/v2\/categories?post=5661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trektoday.com\/content\/wp-json\/wp\/v2\/tags?post=5661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}