In his expanded role, Davidson will be in charge of acquiring films for distribution as well as remake opportunities

Ideal timing and a Hollywood heavyweight helped, but Paramount pressed all the right buttons in its targeted campaign for the low-budget thriller. Don't expect it to stay on top, though

Paramount's scary movie will go up against a Lionsgate comedy and a Warner Bros. crime drama on Oct. 19

The studio captured a record $5.17 billion worldwide

By building word-of-mouth in a small number of big screen theaters, the studio has positioned "M:I4" to compete in a crowded tentpole field

The executive will remain as chairman and CEO as the studio tries to ramp up its own inhouse franchises

The veteran marketing executive will also oversee micro-budget division Insurge Pictures

And a tree smashes through the house of actress Rebecca Gayheart

Produced by Graham King for more than $150 million, the 3D film debuted to just $15.4 million; Paramount still insists it will enjoy an extended holiday run

It's the biggest movie-going weekend of the year, but is it big enough to support four family films in wide release?

The media giant beats Wall Street expectations for revenue and earnings as its film division excels and cable continues to grow

In what has become a Halloween-season routine, third "Paranormal" installment's $54M opening makes fourth movie virtually inevitable

Paramount dance-movie remake only on pace for around $15M; Universal's "Thing" frozen at around $9M

Stainton is the former president of Walt Disney Feature Animation