For storied Paramount Pictures, more valleys than peaks of late

March 25, 2015 12:05 PM

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Paramount Pictures, the storied Melrose Avenue movie studio, is trying to emerge from three years in the doldrums.

The century-old company behind "Forrest Gump," "The Godfather" and "Transformers" has lagged behind its rivals at the box office since it last topped the U.S. charts in 2011, when its releases generated $1.95 billion in ticket sales in the U.S. and Canada.

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