Microsoft Corporation (NASDAQ:MSFT) and Paramount have made a partnership that relates to streaming movies on Windows Phone 7 devices. Paramount will be designing Silverlight-enhanced movies for the Windows Phone 7 devices. Paramount is releasing 10 enhanced movie applications for Windows Phone 7 starting with School of Rock. Other Silverlight-powered movies arriving on Windows Phone 7 include Zoolander, Waiting for Superman and GI Joe: The Rise of Cobra. [HotHardware]