- Your Profile
- In the News
- Box Office
- Development
- Production
- Job Market
- Calendar
|
 |
KARMAZIN SUPPORTS PARAMOUNT EXECS Tuesday, December 9 2003 Viacom President and COO Mel Karmazin gave Paramount CEO Sherry Lansing and Viacom Entertainment Chairman Jonathan Dolgen his strong backing Tuesday despite the studio's poor performance at the box office this year. Referring to Paramount's "terrific management," Karmazin told a conference in New York Monday, "Have they been on a cold streak lately? Yeah. Is it profitable? Absolutely. Would we like them to make more money? Yes." He then added: "I don't think there is (more) LANSING SAYS PARAMOUNT WILL MAKE RISKIER FILMS Monday, December 8 2003 
Paramount
Chairman
Sherry
Lansing
has
told
a
group
of
top
agents
at
the
Creative
Artists
Agency
that
the
studio
intends
to
alter
its
previous
policy
of
straining
to
remove
all
risk
from
making
movies,
the
Los
Angeles
Times
reported
today
(Monday).
Lansing
reportedly
told
the
group:
"I
don't
want
to
play
it
safe.
I
want
to
change
the
tide."
The
newspaper
observed
that
the
studio's
recent
"risk
aversion
strategy"
has
resulted
in
its
profits
plummeting
(more) |
|
|
