24 Apr Paramount Pictures CEO says struggling studio is ‘poised for a renaissance’ [LA Times]
By Ryan Faughnder and Meg James
April 24, 2018 | The surprising box-office success of “A Quiet Place,” a low-budget movie about a family under attack from creatures who hunt by sound, could hardly have come at a better time for Paramount Pictures and its chief executive, Jim Gianopulos.
A year after the veteran Hollywood executive took on the monumental task of reviving Paramount following a long period of flops and losses, the studio finally has a much-needed hit. The picture, which cost $17 million to make and has grossed $132 million domestically, has already boosted morale on the Melrose Avenue lot.
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