A Quotation for the day: A cemetery and a Hollywood studio

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"At one point during Gulf & Western’s ownership of Paramount Pictures, the company considered selling the studio’s back lot on Melrose Avenue to a developer who planned to turn it into a cemetery."

Quotation from: Inti Pacheco and Erich Schwartzel, "Corporate America and Hollywood: A Love Story. To understand an era’s business trends, look at who’s buying a studio. From Gulf & Western to Amazon, the companies drawn in by the movies," The Wall Street Journal, May 29, 2021 12:00 am ET

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