Paramount

Paramount Cuts 44 Roles Amid Restructure of Marketing Team

Paramount Cuts 44 Roles Amid Restructure of Marketing Team

BY MIA GALUPPO | HollywoodReporter.Com Troy Warren for CNT #Business The studio is streamlining its domestic and foreign marketing operations under the leadership of Marc Weinstock. On Nov. 15, Paramount Pictures tapped worldwide marketing and distribution president Marc Weinstock to run one unified division, which will handle all global efforts. As a result of the reorganization, 44 positions have been eliminated across the marketing and distribution departments. In a memo to staff Wednesday, Weinstock explained, “We’ve had to make the difficult decision to eliminate some positions across the domestic and international marketing and distribution divisions. Internationally, as the new organization will also support…
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Box Office: “Patience Was a Virtue” for Studios That Held Films

Box Office: “Patience Was a Virtue” for Studios That Held Films

BY PAMELA MCCLINTOCK | HollywoodReporter.Com Troy Warren for CNT As 'F9' and 'A Quiet Place Part II' enjoy strong theatrical runs, the release-calendar shuffle may be winding down: "It is a very positive sign." Timing is everything. Take F9, which roared to a $70 million domestic debut over the June 25-27 weekend, the biggest opening of the pandemic era. The performance of the Fast and Furious installment recharged the box office battery and helped provide a collective sense of confidence for Hollywood’s bruised film studios as they prepare to once again release a steady supply of tentpoles. Early in the pandemic, Universal pushed back F9 by a full…
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