Famous Paramount Theater sign is in distinctive skyscraper in Times Square...Wikipedia notes:
he Paramount Theatre was a noted movie palace located at 43rd Street and Broadway in the Times Square district of New York City. Opened in 1926, it was the premiere showcase for Paramount Pictures and also became a popular live performance venue. The theater was closed in 1964 and its space converted to office and retail use. The tower which housed it, known as the Paramount Building located at 1501 Broadway, is still in commercial use as an office building and remains a Times Square landmark.
Since the Paramount Theater was demolished, two other theaters in Manhattan have had the same name; the Paramount Theatre at Madison Square Garden and a movie theater in Columbus Circle, now demolished.
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