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Paramount will invest 700 million in renovation (Topic)

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Paramount will invest 700 million in renovation

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The Paramount Pictures movie company has announced a plan for the reconstruction and development of movieing complexes and the premises belonging to it since 1926 in Hollywood.

According to the official press release, the studio intends to invest $ 700 million in the creation of modern pavilions and the adjacent infrastructure.

The project involves the creation of an additional 7,300 jobs, and the total contribution to economy during the reconstruction will exceed a billion dollars.

In the coming months, representatives of the movie company will resolve organizational issues with government agencies and neighboring companies.

Recall that Paramount Pictures is the only one of the largest a movie company that is still based directly in Hollywood.

The Topic of Article: Paramount will invest 700 million in renovation.
Author: Jake Pinkman


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