Paramount Pictures Corporation, commonly known as Paramount Pictures or simply Paramount, is an American film production and distribution company and the flagship namesake subsidiary of Paramount Skydance. Founded on May 8, 1912, it is the sixth-oldest global film studio and the second-oldest in the United States behind Universal Pictures, and it is one of the "Big Five" film studios located within the city limits of Los Angeles. In 1916, film producer Adolph Zukor put 22 actors and actresses under contract and honored each with a star on the logo. In 2014, Paramount Pictures became the first major Hollywood studio to distribute all of its films in digital form only. The company's headquarters and studios are located at 5555 Melrose Avenue, Hollywood, California, United States. Paramount Pictures is a member of the Motion Picture Association (MPA).