Paramount Folds Specialty Unit Into Main Studio

In the latest round of grim news for workers at major studios' specialty divisions, Paramount said Tuesday that it plans to fold the marketing, distribution, and physical production operations of Paramount Vantage into the larger studio. "The new consolidated structure allows both Paramount and Paramount Vantage to leverage the strengths and resources of a combined talent base, while minimizing redundancies and optimizing efficiencies," Rob Moore, vice chairman of Paramount, told Daily Variety.


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