Paradise Company was founded in 1991 in Yerevan and soon thereafter became the main buyer of theatrical rights for the territory of Armenia. Following emerging business challenges Paradise moved to Moscow at the end of 1992 and was registered as a Russian company.

Paradise involved in video distribution in 1993. It was the Company that introduced then-plagued-by video piracy Russia to legal purchase of video rights.

Paradise began dealing in TV rights in 1994 and now has considerable library to offer. Our partners include all major TV channels in Russia and CIS and also all principal regional broadcasters.

In 1993 Paradise together with major Russian filmmakers founded the Russian European Cinematographer Association (RECA) for organizing the annual Vyborg Film Festival. The Ministry of film of Russia and Russian Union Filmmakers also support the festival. Paradise is the general producer of the Festival. Since then it has been held ten festivals in the town of Vyborg and has won reputation of an elite Festival of national films. The official Selection is also shown at the so-called "Echoes of the Festival" in Yerevan (Armenia), Helsinki (Finland) and Saint Rafael (France).

Taking into account the importance of the development of national cinema, the considerable growth in TV sector and the new Film Industry regulation Law of Russia the founders of the Paradise decided to form a new Company- Paradise Production.

In 1995 among offices in Yerevan and Moscow, Paradise opened his office in Los Angeles.

Paradise has around 800 titles of the highest quality feature and TV movies of all genres in its Catalogue, licensed for the Ex-USSR territories with all rights for the period of ten to fifteen years.

Paradise has been licensing product since 1992 from the leading independent American and European Companies. Our current business partners are the reputable production and distribution companies such as: Universal Pictures, Focus Features, Intermedia Films, IEG, Spyglass Entertainment, Summit, Studio Canal+, TF1, Capitol Films, Pandora.

Paradise owns and operates several cinema theaters in Russia and Armenia. Starting May 1st 2002 Paradise in association with Armenian Public Television is broadcasting live programs 24 hours a day from Armenia in USA and Canada through satellite provided by Globecast Co. (US subsidiary company of France Telecom).