What's new

Paramount Chairman Brad Grey Resigns ... (1 Viewer)

steve jaros

Supporting Actor
Joined
Sep 30, 1997
Messages
971
Location
Baton Rouge, LA
Real Name
Steve
Paramount Pictures, which lost a whopping $450 million in 2016, has accepted the resignation of Chairman Brad Grey.

Grey had helmed Paramount for 12 years, and he originally got off to a fast start. From 2007 - 2011, Paramount Pictures finished #1, #2, #2, #2, and #1 among the Big Six Hollywood studios in domestic box office. Its best year under Grey was 2011. Fueled by huge successes such as Transformers: Dark of the Moon and two Avengers movies, Captain America and Thor, Paramount powered its way to almost $2 Billion in domestic box office, nearly 20% of the market.

But since then, Paramount has struggled to find traction as those Avengers properties, including Iron Man, which also was originally developed by Paramount, fell under the control of Disney. Since 2012, Paramount has finished no higher than 6th among the major studios, and has not reached the $1 Billion domestic mark since 2013.
 

Users who are viewing this thread

Latest Articles

Forum statistics

Threads
356,710
Messages
5,121,108
Members
144,146
Latest member
SaladinNagasawa
Recent bookmarks
0
Top