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In GTA IV, the company produced The Full Mooners. It is depicted operating at Star Junction (next to a Superstar Café), is listed on the BAWSAQ stock exchange, and may also be implied to operate a cineplex chain, with one "Canyon Megaplex" operating at the Big Willis Mall.
Judging by its name, Canyon Entertainment appears to be a parody of Paramount Motion Pictures Group (which included Paramount Pictures and Paramount Television under its grouping) due to both companies being named after landforms and both using images of the respective landforms in their logos.