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The layoffs will affect about 5 percent of the studio's 2,200 employees that work on the Los Angeles movie lot or in international locations.
The job cuts will occur primarily in the areas of finance, human resources, information technology, international home media distribution, legal and marketing, according to the memo from Paramount Pictures Chief Operating Officer Frederick Huntsberry.
[...]
Paramount studio's second-quarter revenues were down 29 percent, year over year. But profit was off only six percent due to cost cutting, reported the Los Angeles Times in August. In fact, last year at about the same time Paramount laid off 120 employees.
Paramount is the studio behind the "Transformers," movie franchise and this summer's zombie thriller "World War Z," starring Brad Pitt, which grossed $539 million worldwide, according the Box Office Mojo website.
Rated X wrote:Billions and billions of dollars profit and more layoffs. So who got canned ? The water boy ? the guy who applys girls makeup ? The guy who holds the stupid clicker and says "action" ?
The job cuts will occur primarily in the areas of finance, human resources, information technology, international home media distribution, legal and marketing
Burn wrote:Rated X wrote:Billions and billions of dollars profit and more layoffs. So who got canned ? The water boy ? the guy who applys girls makeup ? The guy who holds the stupid clicker and says "action" ?
Maybe read the article?The job cuts will occur primarily in the areas of finance, human resources, information technology, international home media distribution, legal and marketing
I can see most of these as being understandable as technology becomes more and more dominant.
Except legal. I thought they'd be bumping those numbers up to go after the "pirates".
njb902 wrote:So in how many threads are you going to bring up the IP issue?
What evidence do you have, other than because rated x says so, that video media does not care about piracy?
Rated X wrote:njb902 wrote:So in how many threads are you going to bring up the IP issue?
What evidence do you have, other than because rated x says so, that video media does not care about piracy?
Simple. When they say a movie grosses 100 million in one week theyre talking about box office sales. Netflix and DVD sales is just an added bonus revenue that the movie industry gets after the big money. It would probally cost them more to fight "piracy" than they would make on DVD sales, so it's pointless.
On the other hand, a music album only gets one release date. Some albums that flop dont even gross $100,000 in the first week let alone a cool million. So "piracy" is a much biggger deal to the music industry than the movie industry. Also the porn industry suffers the same problems as the music industry with tangible sales being their only means of profit.
I used to record underground hip hop music so I studied the music industry and it's downfall. But it doesnt take rocket science to see what Im saying here.
njb902 wrote:Rated X wrote:njb902 wrote:So in how many threads are you going to bring up the IP issue?
What evidence do you have, other than because rated x says so, that video media does not care about piracy?
Simple. When they say a movie grosses 100 million in one week theyre talking about box office sales. Netflix and DVD sales is just an added bonus revenue that the movie industry gets after the big money. It would probally cost them more to fight "piracy" than they would make on DVD sales, so it's pointless.
On the other hand, a music album only gets one release date. Some albums that flop dont even gross $100,000 in the first week let alone a cool million. So "piracy" is a much biggger deal to the music industry than the movie industry. Also the porn industry suffers the same problems as the music industry with tangible sales being their only means of profit.
I used to record underground hip hop music so I studied the music industry and it's downfall. But it doesnt take rocket science to see what Im saying here.
That's not evidence, that's you just claiming things. Though I do believe that the industry trying to get SOPA passed says something, though that's just my opinion.
Speaking as someone who's mother was ousted in favor of downsizing technology, I wholeheartedly agree with this.Metrosuplex wrote:Let's fire all the I.T. staff and have ONE GUY do all the work! YEAAAAAAHHH!!!!![]()
If the movies aren't doing so well, it would make more sense to fire movie staff... but I get the feeling that this extraneous staff being fired will hardly change anything, other than putting more pressure on the 2-3 people left to do the work of 20-30.
Anyway, my beef is specifically with I.T. - a lot of companies have one guy just travel around the country to take care of ALL the I.T. needs. It's cost effective and absurd. I'm not convinced that being so miserly and stretched thin with supportive services like legal and I.T. will help Paramount recover.
It's like trying to lose weight by cutting out a liver, lung, and appendix. Sure, you don't technically need BOTH livers or BOTH lungs... but you sure you wanna cut those out, bro?
njb902 wrote:You mean kidneys not liver right, you only have one liver.
YoungPrime wrote:Should've let go of Bay, those new characters look horrid as usual.
-Kanrabat- wrote:TF-fan kev777 wrote:First-Aid wrote:Okay, did anyone else notice that we all get a wonderful shot of Starscreams crotch anytime he sits in that throne? That's unnerving. Couldn't they have put n extra flap in there? It's....weird.
Its kind of like Basic Instinct, but not in a good way...
Goddammit, now I can't unsee it.
njb902 wrote:Rated X wrote:njb902 wrote:So in how many threads are you going to bring up the IP issue?
What evidence do you have, other than because rated x says so, that video media does not care about piracy?
Simple. When they say a movie grosses 100 million in one week theyre talking about box office sales. Netflix and DVD sales is just an added bonus revenue that the movie industry gets after the big money. It would probally cost them more to fight "piracy" than they would make on DVD sales, so it's pointless.
On the other hand, a music album only gets one release date. Some albums that flop dont even gross $100,000 in the first week let alone a cool million. So "piracy" is a much biggger deal to the music industry than the movie industry. Also the porn industry suffers the same problems as the music industry with tangible sales being their only means of profit.
I used to record underground hip hop music so I studied the music industry and it's downfall. But it doesnt take rocket science to see what Im saying here.
That's not evidence, that's you just claiming things. Though I do believe that the industry trying to get SOPA passed says something, though that's just my opinion.
Shadowman wrote:I will put forth the theory that it was the internet itself trying to punch him in the face.
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