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Viacom counting on new chief to save Paramount
But some analysts worry that the studio is too far gone; it has been in free-fall and lost US$445 million in its last fiscal year
Add BT as a preferred sourcePublished Tue, Mar 28, 2017 · 09:50 PM
Los Angeles
VIACOM has turned to one of Hollywood's most seasoned and respected executives, James Gianopulos, to revive its faded Paramount Pictures operation. But some analysts worry that Paramount is too far gone.
Mr Gianopulos, who turns 65 in April, will take over as chairman of Paramount on April 3, Viacom said on Monday. Mr Gianopulos, the consummate Hollywood insider who is treasurer of the Academy of Motion Picture Arts and Sciences, previously ran 20th Century Fox.
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