Jim Gianopulos to Lead Paramount

NEW YORK: After weeks of speculation, Viacom has officially named Jim Gianopulos as chairman and CEO of Paramount Pictures, effective April 3.

Reporting to Bob Bakish, the president and CEO of Viacom, Gianopulos will oversee Paramount’s film and television operations worldwide. His remit includes devising a new strategy for the studio, including developing new content, strengthening Paramount’s slate with co-branded releases from Viacom flagship brands, and expanding the studio’s global footprint. Succeeding Brad Grey, Gianopulos previously spent 16 years as chairman and CEO of Fox Filmed Entertainment.

Bakish noted, “Jim is a remarkably talented executive with all the tools—strategic vision, strong business expertise, deep industry and creative relationships—to bring films to life that resonate throughout culture and deliver commercial results. I’m thrilled we will have the benefit of his experience, savvy and global expertise as we lay out a clear path forward and begin the next chapter in Paramount’s storied history.”

Gianopulos said, “Paramount is one of Hollywood’s truly iconic studios, and the role it has played in shaping the entertainment industry cannot be overstated. Looking ahead, I see a strong opportunity to position the studio for success by creating valuable franchise opportunities, developing fresh creative ventures, and mining Viacom’s deep brand portfolio to bring exciting new narratives to life. I am eager to get to work with Bob and the rest of the Viacom and Paramount teams to ensure Paramount continues to deliver rich, powerful films and television programming for all audiences.”