PARAMOUNT PICTURES, the most powerful motion picture corporation coming out of the l920s into the studio era, braved the adverse effects of the Depression and enjoyed financial success throughout the 1930s through 1980s.Over this span, the studio boasted an enormous diversity of talent and style including work by an impressive range of Hollywood masters. Paramount Pictures is the latest arm of Viacom to feel the effects of restructuring, with 20 to 40 employees let go on Wednesday, TheWrap has learned. Viacom CEO Philippe Dauman indicated the layoffs would be coming in the first quarter of 2015.
In addition to MTV and Paramount, TheWrap exclusively reported realignment at Viacom’s CMT channel. Anna Kendrick continues her streak of musical roles with this big-screen adaptation of Jason Robert Brown's beloved Off-Broadway hit. "Smash" alum Jeremy Jordan co-stars. Jamie Dornan and Dakota Johnson's characters are set to become the next cinematic power couple in this highly anticipated adaptation of E.L. It's been way too long since there's been a "Jurassic Park" movie, and the franchise seems to be in extremely capable hands led by star Chris Pratt, who's proving to be our new favorite action hero.
Channing Tatum, Matt Bomer and Joe Manganiello in a sequel to the stripping sleeper hit "Magic Mike" that's subtitled "Double Extra Large." So, yeah, we're excited.


Marvel rarely misses a step, and their latest stars unlikely superhero Paul Rudd -- who pretty much guarantees cinematic hilarity. Guillermo del Toro returns to his horror genre roots with a haunted house pic and an amazing cast including Jessica Chastain, Charlie Hunnam, Tom Hiddleston and Mia Wasikowska. It's described as a cross between "Gravity" and "Castaway" and stars Matt Damon with Ridley Scott directing. Leonardo DiCaprio and Tom Hardy reunite to star in Alejandro Gonzalez Inarritu's "Birdman" follow-up, a revenge thriller set in the Western frontier. Amazing "Gone Girl" raised anticipation for "Dark Places," also based on a Gillian Flynn bestseller. The film company says that it is cutting 110 jobs in order to improve its ability to respond to changing business circumstances.
Green Mountain Closes Facility, Cuts JobsParamount had a relatively good summer, scoring a number of hits at the box office, including Star Trek Into Darkness, G.I. Paramount is just the latest company to let workers go, suggesting that layoffs could intensify over the coming months.


Ernst Lubitsch, Billy Wilder, Preston Sturges, Josef von Sternberg and Rouben Mamoulian among others, directed sophisticated comedies of manners and contemporary dramas, while Cecil B. These changes are designed to realign resources and create efficiencies in line with the evolving business environment,” a spokesperson for the studio said in a statement. On Monday, up to 12 percent of the workforce at MTV Networks was dismissed, including legacy employees at the channel.
The studio will shed positions in its finance, IT, media distribution, legal, marketing and human resources departments, the Los Angeles Times notes. The latest round of job cuts will hit the company’s overseas and Los Angeles offices. The studio discovered and promoted stars as diverse as Gary Cooper, Marlene Dietrich, Claudette Colbert, Maurice Chevalier, Mae West and George Raft.



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