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 consolidat
ed 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.
04/06/2008
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