Wednesday, February 25, 2015

Another Studio Chief Bites Dust

First Amy Pascal, now ...

Adam Goodman is preparing to exit as president of the [Paramount Pictures] film group. ... Goodman's recent successes include The SpongeBob Movie: Sponge Out of Water, which has reinvigorated the family franchise with box office earnings of $203.8 million to date, and Teenage Mutant Ninja Turtles, which exceeded expectations last year when grossing $438.8 million globally. ...

Goodman oversaw successful pictures, but displeased his superiors by failing to control production costs.

It's always something to do with money (or the lack thereof) that brings a Big Hollywood Dog down. Even the all-powerful Michael Eisner was put out to pasture when Disney's profits sagged. (And Roy Disney nipping at his heels didn't help either.)


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