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Posts Tagged ‘Paramount Vantage’

Sad But True, Viacom Lets 7% Go — And We Mean Employees, Not Films

nickmeyer.jpgThe hits just keep on comin’. Viacom succumbed to the cost-cutting measures with a seven percent shave that included Paramount Vantage chief Nick Meyer (pictured at right) and 500 more at MTV Networks, Variety reports.

“Like all other divisions of the company, Paramount too is adapting to the changing conditions and, as a result, we will reduce our global workforce,” Paramount chairman-CEO Brad Grey wrote Thursday in a memo circulated to staff. “These reductions are across the studio: accounting, business/legal affairs, corporate and government affairs, home entertainment, human resources, information technology, production, studio lot operations and Vantage.”

For Paramount, more are expected soon.

Bad day, week, month at Paramount.

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Paramount Lays Off 60 for an Internal Merger?

Paramount Pictures, in the interest of merging its marketing, distribution and physical production departments will lay off as many as 60 overlapping positions, the studio announced today and Deadline Hollywood Daily reported.
Paramount chairman Brad Grey had no comment on the layoffs, but was very upbeat about the potential for Paramount with a number of upcomig films, like “Transformers 2″ and “Star Trek.” Grey addressed reporters at Herb Allen’s Sun Valley Media Conference in mid-July.
“Over the past three years, as we have rebuilt and grown the organization, Paramount and Paramount Vantage have consistently looked to evolve in a way that best serves our filmmakers, their creativity and our consumers,” said Rob Moore, Vice Chairman, Paramount Pictures and John Lesher, President, Paramount Film Group. “We are grateful for the immense contributions from so many Paramount and Vantage professionals who have been instrumental in our successes. Moving forward, this new structure provides us with a solid foundation as we prepare for our upcoming slate of diverse films, including The Curious Case of Benjamin Button, G.I. Joe, Star Trek and Transformers 2, to name a few.”
Nick Meyer, President, Paramount Vantage, added: “Similarly, Paramount Vantage looks forward to leveraging this new organization to release The Duchess, Defiance and Revolutionary Road later this year, as well as our exciting slate for 2009 and beyond. With the addition of our new EVP of Production and Acquisitions, Guy Stodel, and the talented team we already have in place, Vantage is well positioned for the future.”

LAT In 90 Seconds

32998008.jpgAFI 40th Anniversary: The party brings out Tippi Hedren, Angela Lansbury, Clint Eastwood and Billy Crystal’s scrumptious, scrumptious ear.

32998267.jpgBut What He Really Wants To Do Is Blog: The filmmaker behind Kurt Cobain About a Son, AJ Schnack, is gaining as much media attention for his heartbreaking work as for his blog.

kiterunner.jpegMaybe They Should Have Cast Italians: Paramount Vantage is pushing back the release date of The Kite Runner to give the three Afghan boys who appear in the film time to flee their home country, lest a “culturally inflammatory rape scene in the film” puts their lives at risk.

Media Events 4.5.07

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FRIDAY 04.06.07
WHAT: Hollywood Walk of Fame star placement
WHO: James Bacon
WHEN: 11:30 a.m.
WHERE: Right next to Frank Sinatra’s, 1637 N. Vine.
WHY: The veteran Hollywood columnist will be feted by Robert Wagner and Tim Conway.

FRIDAY 04.06.07
WHAT: Film Screening, Money Talks: Profits Before Patient Safety
WHO: Films 4 Change and producer Holly Mosher
WHEN: 7:30 p.m.
WHERE: Clothing of the American Mind
WHY: Sure a film about how Big Pharma screws patients sounds infuriating, but at least it’s free!

SATURDAY 04.07.07
WHAT: Paramount Vantage promotion for Year of the Dog.
WHO: Hollywood-types and their pets
WHEN: 10 a.m.
WHERE: Farmer’s Market
WHY: Because you’ve always wanted to know what a “6-foot tall dog-friendly cake” tasted like.