PARAMOUNT needs UF to help them look> "IF" GULA
Post# of 96879
(Total Views: 487)
Posted On: 02/18/2017 5:35:50 PM
PARAMOUNT needs UF to help them look>
"IF" GULAS could get a deal upgrading PARAMOUNT
content to 4K and 4K+HDR using 4K Studios then
apply that Content using SWIG tech into an end to end
distribution network for cost savings that could
be a win/win for PARAMOUNT and NTEK.
http://www.hollywoodreporter.com/news/paramou...xit-977004
Paramount was last among the six major studios in market share in 2016 with only one movie, 'Star Trek Beyond,' cracking $100 million in domestic box office.
Brad Grey, CEO of Paramount Pictures since 2005, is leaving the company, a source close to the situation tells The Hollywood Reporter.
The studio chief is finalizing his exit with executives at parent Viacom, which has put pressure on Grey after a string of low-performing years. Specifically at issue was Viacom's desire to install a greenlight committee to make decisions on which movies to make. Such a move would have violated the terms of Grey's employment contract, which gives him sole greenlight authority.
Viacom CEO Bob Bakish will travel to Los Angeles and address Paramount employees early next week. As Viacom searches for a new Paramount leader, Grey's top executives will report to Bakish, according to sources.
"IF" GULAS could get a deal upgrading PARAMOUNT
content to 4K and 4K+HDR using 4K Studios then
apply that Content using SWIG tech into an end to end
distribution network for cost savings that could
be a win/win for PARAMOUNT and NTEK.
http://www.hollywoodreporter.com/news/paramou...xit-977004
Paramount was last among the six major studios in market share in 2016 with only one movie, 'Star Trek Beyond,' cracking $100 million in domestic box office.
Brad Grey, CEO of Paramount Pictures since 2005, is leaving the company, a source close to the situation tells The Hollywood Reporter.
The studio chief is finalizing his exit with executives at parent Viacom, which has put pressure on Grey after a string of low-performing years. Specifically at issue was Viacom's desire to install a greenlight committee to make decisions on which movies to make. Such a move would have violated the terms of Grey's employment contract, which gives him sole greenlight authority.
Viacom CEO Bob Bakish will travel to Los Angeles and address Paramount employees early next week. As Viacom searches for a new Paramount leader, Grey's top executives will report to Bakish, according to sources.
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