Paramount Cuts 44 Jobs in Marketing and Distribution Reorg

Leadership shuffle comes after Marc Weinstock takes charge of unified global marketing and distribution division for Paramount

HOLLYWOOD, CA – AUGUST 23:The entrance of Paramount Studios is seen at Paramount Studios on August 23, 2013 in Hollywood, California.(Photo by Mark Davis/Getty Images)

The leadership shuffle continues at Paramount as the studio has announced a reorganization of its unified global marketing and distribution division under the leadership of president Marc Weinstock that will see 44 jobs be cut.

Among the branches being integrated into the division are digital marketing, brand marketing & strategy, and data analytics, all of which will now report to Danielle DePalma, EVP Global Marketing. Theatrically, Mark Viane, President International Distribution, Liz West, EVP Marketing Communications, and Rachel Cadden, EVP International Marketing, will continue to report to Weinstock, while Domestic Distribution President Chris Aronson, Faye Ugolnik, EVP Media; Ellen Martello, EVP Finance WW Theatrical Marketing; and Leonard Iannelli, SVP Special Projects & Events, will continue in their roles.

“With this restructuring, we’ve had to make the difficult decision to eliminate some positions across the domestic and international marketing and distribution divisions. Internationally, as the new organization will also support territory offices going forward, regional offices will become solely focused on our distribution business,” wrote Weinstock in a memo to Paramount employees.

“We would like to thank all those impacted for their many excellent contributions to the company. This is never easy, but our new structure moves us forward and positions us to maintain our competitive advantage, stay nimble, and drive the future success of the company.”

Paramount helped kickstart the box office rebuilding process with “A Quiet Place: Part II” in May, a sequel that grossed $160 million domestically and $297 million worldwide against a $55 million budget. Since then, it has released a pair of family films, “Paw Patrol: The Movie” and “Clifford the Big Red Dog” in theaters and on Paramount+, with “Clifford” earning a $22 million extended opening this past weekend at the box office while becoming Paramount+’s most viewed movie to date.

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