High Quality Content by WIKIPEDIA articles! The Paramount Theatre is a massive Art Deco movie theater located in downtown Oakland, California, USA. When it was built in 1931, it was the largest multi-purpose theater on the West Coast, seating 3476 Today, the Paramount is the home of the Oakland East Bay Symphony and the Oakland Ballet, it regularly plays host to R B, jazz, blues, pop, rock, gospel, classical music, as well as ballets, plays, stand-up comedy, lecture series, special events, and re-runs of classical movies from Hollywood`s Golden Era.