Layoffs

Following the news of Marc Weinstock’s new oversee of a unified global marketing and distribution team at Paramount as President of Worldwide Marketing & Distribution, we’ve received news that a re-organization of both departments is underway Wednesday as the studio looks to meet consumers’ accelerated demands for content in a continued pandemic world. In total,
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Cinemark CEO Mark Zoradi said  Hollywood studios “are anxious to get back in this business once safety is no longer a concern,” shrugging off Universal/Dreamworks Animation’s Trolls World Tour going directly to PVOD as a blip in the road. It was a highly successful one for Universal, however, with Trolls bringing in about $50 million, according
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