Word: paramount
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Dates: during 2000-2009
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...reaction calls into question the wisdom of Redstone's recent moves to exert more control over the company and especially its movie studio, Paramount Pictures. The unexpected decision to fire Freston, a longtime Redstone friend and lieutenant, comes just two weeks after the chairman surprised the entertainment industry and Main Street by kicking Tom Cruise's production company off the Paramount lot after 14 years, ostensibly for conduct unbecoming high-priced talent whose box-office receipts weren't as boffo as before. Reif Cohen, citing Freston's stellar record at the helm of MTV, predicted that moviemakers won't like...
...Even before Tuesday's news, trading stories about disorder at Paramount and handicapping the fate of the current management, notably studio chief (and Freston hire) Brad Grey, was already a favorite parlor game in Hollywood. A few days after Cruise was cut loose, the head of a leading agency - one that does not represent the actor or his company - told TIME.com that his agents repeatedly have been frustrated by the inability of lower-level Paramount executives to make even minor decisions, such as okaying story pitches and entering low-dollar scriptwriting agreements, without first getting approval from their bosses...
...count, Dick takes a deposition from Matt Stone, who created South Park with Trey Parker. Stone says that when their indie comedy Orgazmo was slapped with an NC-17, they were given no hints in cutting the film to get a less proscriptive rating. Yet two years later, when Paramount was behind their movie South Park: Bigger, Longer Uncut, the board, according to Stone, offered explicit help in which scenes might be softened or removed to achieve...
...Here's big news: Tom Cruise, the biggest star in the world, has been terminated from his relationship with Paramount. Earlier today he called Brooke Shields to see if he could borrow some antidepressants." --DAVID LETTERMAN...
...Cruise may be more expensive than he was, and not earn what he used to. But Paramount, after it finishes sighing with relief that he's gone, should ask itself: What - whom - have we got to replace him? Then Redstone may ruefully wonder if it wasn't his studio, not Cruise, that flunked the Sanity Clause...