Paramount Pictures CEO says struggling studio is 'poised for a renaissance.' Inside Jim Gianopulos' first year
The surprising box-office success of "A Quiet Place," a low-budget movie about a family under attack from creatures who hunt by sound, could hardly have come at a better time for Paramount Pictures and its chief executive, Jim Gianopulos.
A year after the veteran Hollywood executive took on the monumental task of reviving Paramount following a long period of flops and losses, the studio finally has a much-needed hit. The picture, which cost $17 million to make and has grossed $132 million domestically, has already boosted morale on the Melrose Avenue lot.
"It was a wonderful moment across the studio," Gianopulos said over lunch at his usual corner table at Paramount's Dining Room restaurant. "I think it shows the potential of what this place can be and what it's like when you get it right."
The feeling of hope is a new one for Viacom Inc.-owned Paramount. Once known
