Short answers, pulled from the story.
Paramount Pictures was founded on the 8th of May 1914 when W. W. Hodkinson sketched the mountain logo on a napkin. The original design featured twenty-four stars surrounding the mountain to represent the twenty-four actors and actresses under contract at the time.
Paramount Pictures is headquartered at 5555 Melrose Avenue in the Hollywood district of Los Angeles. The company moved its operations to this location on the 8th of May 1926 after purchasing the Robert Brunton Studios facility.
Adolph Zukor founded the company that became Paramount Pictures and implemented the strategy of offering feature-length films to the middle class. His slogan Famous Players in Famous Plays promised to bring leading theatrical players to the screen to change the industry.
Paramount Pictures filed for bankruptcy on the 14th of March 1933 due to over-expansion and the use of overvalued stock for purchases. The company accumulated a twenty-one million dollar debt that required restructuring under Section 77-B of the Bankruptcy Act.
The Supreme Court decision United States v. Paramount Pictures, Inc. in 1948 held that movie studios could not own movie theater chains. This ruling forced the breakup of Adolph Zukor's creation and ended the integrated studio-theatre combines that defined the classic Hollywood studio system.