Word: paramounts
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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...
...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...
...Hollywood can't suddenly mind if its stars make occasional fools or louts of themselves. And Paramount can't find much fault with Cruise's "recent conduct"; he's done nothing lately but deprive tabloids of his and Katie's baby pictures. This time, it is about the money. Cruise, the studio had decided, is more trouble than he's worth. His shenanigans, they compute, have diluted his box office clout. Not morals or ethics. Simple arithmetic...
...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...