Paramount Cuts 44 Jobs in Marketing and Distribution Reorg. Leadership shuffle comes after Marc Weinstock takes charge of unified global marketing and distribution division for Paramount.
The leadership shuffle continues at Paramount as the studio has announced a reorganization of its unified global marketing and distribution division under the leadership of president Marc Weinstock that will see 44 jobs be cut.
The reorg and layoffs come less than two months after Brian Robbins replaced Jim Gianopulos as the CEO of Paramount, with Weinstock’s promotion to the top marketing spot soon following. Among the branches being integrated into the division are digital marketing, brand marketing & strategy and data analytics, all of which will now report to Danielle DePalma, EVP Global Marketing.
Theatrically, Mark Viane, President International Distribution, Liz West, EVP Marketing Communications, and Rachel Cadden, EVP International Marketing, will continue to report to Weinstock, while Domestic Distribution President Chris Aronson, Faye Ugolnik, EVP Media; Ellen Martello, EVP Finance WW Theatrical Marketing; and Leonard Iannelli, SVP Special Projects & Events, will continue in their roles.
“With this restructuring, 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 territory offices going forward, regional offices will become solely focused on our distribution business,” wrote Weinstock in a memo to Paramount employees.
“We would like to thank all those impacted for their many excellent contributions to the company. This is never easy, but our new structure moves us forward and positions us to maintain our competitive advantage, stay nimble, and drive the future success of the company.”
Paramount helped kickstart the box office rebuilding process with “A Quiet Place: Part II” in May, a sequel that grossed $160 million domestically and $297 million worldwide against a $55 million budget. Since then, it has released a pair of family films, “Paw Patrol: The Movie” and “Clifford the Big Red Dog” in theaters and on Paramount+, with “Clifford” earning a $22 million extended opening this past weekend at the box office while becoming Paramount+’s most viewed movie to date.
In 2022, the studio is expected to leave an even bigger mark on the box office with a pair of Tom Cruise blockbusters, “Mission: Impossible 7” and “Top Gun: Maverick,” along with other films like “Jackass Forever,” “Sonic the Hedgehog 2” and a revival of “Scream.”
Lloyd Morrisett one of ‘Sesame Street’ launchers dies
NEW YORK (AP) — Lloyd Morrisett, the co-creator of the beloved children’s education TV series “Sesame Street,” which uses empathy and fuzzy monsters like Abby Cadabby, Elmo and Cookie Monster to charm and teach generations around the world, has died. He was 93.
Morrisett’s death was announced Tuesday by Sesame Workshop, the nonprofit he helped establish under the name the Children’s Television Workshop. No cause of death was given.
In a statement, Sesame Workshop hailed Morrisett as a “wise, thoughtful, and above all kind leader” who was “constantly thinking about new ways” to educate.
Morrisett and Joan Ganz Cooney worked with Harvard University developmental psychologist Gerald Lesser to build the show’s unique approach to teaching that now reaches 120 million children. Legendary puppeteer Jim Henson supplied the critters.
“Sesame Street” is shown in more than 150 countries, has won 216 Emmys, 11 Grammys and in 2019 received the Kennedy Center Honor for lifetime artistic achievement, the first time a television program got the award (Big Bird strolled down the aisle and basically sat in Tom Hanks’ lap).
Born in 1929 in Oklahoma City, Morrisett initially trained to be a teacher with a background in psychology. He became an experimental educator, looking for new ways to educate children from less advantaged backgrounds. Morrisett received his bachelor’s at Oberlin College, did graduate work in psychology at UCLA, and earned his doctorate in experimental psychology at Yale University. He was an Oberlin trustee for many years and was chair of the board from 1975 to 1981.
Paris Hilton Gives birth to baby boy
Socialite and reality TV star Paris Hilton has welcomed her first child with her husband, venture capitalist Carter Reum.
Hilton took to Instagram on Tuesday and posted a photo that seems to show the 41-year-old new mom holding her baby boy’s tiny hand.
“You are already loved beyond words,” she wrote, adding a blue heart emoji.
The heiress did not say when her baby was born or provide further details, including a name.
“It’s always been my dream to be a mother and I’m so happy that Carter and I found each other. We are so excited to start our family together and our hearts are exploding with love for our baby boy,” she told People magazine.
The baby boy is Hilton’s first child, while Reum shares a 10-year-old daughter with reality star Laura Bellizzi.
Best wishes flooded in from Hilton’s famous friends, including Kim Kardashian, Chrissy Teigen, Lindsay Lohan, Demi Lovato, Rosario Dawson, Poppy Delevingne, Ashley Tisdale, Naomi Campbell and Heidi Klum.
Teigen summed up their best wishes with: “Congratulations so happy for you both!!”
Kipchoge Breaks Own Marathon World Record
Double Olympic champion Eliud Kipchoge has broken his own men’s marathon world record at Sunday’s race in Berlin.
The 37-year-old Kenyan crossed the line in a time of two hours, one minute and nine seconds, to beat by 30 seconds his previous best, set four years ago in the German capital city.
He had previously taken one minute 20 seconds off compatriot Dennis Kimetto’s 2014 record of 2:02.57 in Berlin.
Kipchoge had played down his chances of a world record in the build up.
“I am happy with my preparation and I think I was so fast because of the teamwork. Everything is down to teamwork,” he said.
“What motivates me is my family and I want to inspire young people. Sport unites people and that is what motivates me.”
On an overcast day in Berlin, Kipchoge, who has now won 15 of his 17 career marathons, ran the first half of the 26.2-mile race in 59 minutes, 51 seconds, prompting thoughts that he may become the first runner to break the two-hour mark in an official race
He has run a marathon in under two hours, in Vienna in 2019. However, that was not recognised as the official world record because it was not in open competition and he used a team of rotating pacemakers.
When asked whether he would attempt a sub-two hour run in Berlin next year, Kipchoge replied: “Let us plan for another day.
“I will celebrate this record and have to realise what happens. Just roll and see what happens.”
AICC: Egyptian Grandmasters Dominate Tourney
With just two rounds left to play, top Nigerian chess players have dropped out in the ranking at the on-going African Individual Chess Championship holding at the Orchid Hotel in Lekki, Lagos.
Although Nigerian players showed shade of genius in the battle field as the tournament reached its climax on Sunday night, the Egyptian who are higher rated players dominate play with Adly Ahmed (African number 2) and Woman Grandmaster Wafa Shahenda leading the pack of other players in both Open and Women sections.
Both have consolidated their lead in the competition, as every win counts to games 4 and 5.
WGM Wafa trounced her Angolan opponent, Woman International Master Esperanca Caxita, in a Sicilian opening with black mostly dominating the game right from the middle play.
The Egyptian WGM is all but a massive one point ahead of the pack leading into the final rounds starting this morning.
While the Egyptian masters are dominating play, credit also goes to some Nigerians raising their heads to be counted. Nigeria Youth Games product, Onoja Iyefu Joy continues to show resilience and determination to earn her first chess title and create a record while at it.
She had on Saturday continued her fine run of form by scoring an entire point against Paulo Jemima to register the second position on the ranking table with 9 points. A win in the 7th round will help Joy secure a Woman International Master Title.
WIM (elect) Ofowino Toritsemuwa bettered her AICC Tunisia 2019 record, and she is bound to create a new one as she takes on WGM Wafa in the seventh round.
Toritsemuwa currently shares second place with her compatriot, Iyefu Onoja, both holding 4.5 points, hence making the 7th game point as crucial for the player.
In the Open section, 20-year-old Eyetonghan Denyefa Callistus is pulling his weight. He scored an outstanding 4.5 points after six games, but it is not about the score, somewhat the opponents; defeating 1 GM, 2 IMs, and three draws against two IMs and FM, the youngster will get his chance at GM Adly in the seventh round.
With a half point behind the tournament leader, African Number 1–GM AminBassem landed his second consecutive win after the drawn game with compatriot GM Ahmed Adly, demonstrating he still stands a chance to catch up and maybe win the tournament.
Bassem faces IM David Silva of Angola in the seventh round, who had to offer a draw to his opponent in the sixth round due to health issues. We hope he’s gotten his strength back for this crucial game.
The tournament ends tomorrow with Maltina and Gulder are among the top sponsor of the event.
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