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When Jim Gianopulos left as 20th Century Fox chairman, one of the opportunities presented to him was creating a seventh studio with a deep-pocketed investment group. As attractive as that option was, he said there was nothing better than taking the reins last year at Paramount as chairman and CEO.
Building a new studio has its own set of challenges, but “what a studio represents is history, its accumulation of storytellers, its global reach in all media, its executives teams that have disparate values and experiences,” he said today during a Q&A at the 10th annual PGA Produced By conference on the Melrose lot.
Studio - Ride - Challenge
To take a studio that has had a rough ride, and bring it back to what it should be — that was a challenge well worth taking, he said.
“When you look back at the history of this place, it’s extraordinary,” the Paramount boss said, citing the studio’s run during the early aughts and with hits like The Godfather, Beverly Hills Cop, etc. “It was an opportunity to be part of a Renaissance….to be part of that you can’t turn down. So now’s the work. Fortunately, now I can see the future.”
Gianopulos - Conversation - Morning - Fast - Furious
Gianopulos was in conversation this morning with Fast & Furious franchise producer Neal H. Moritz, who also recently made Paramount his new home.
When it comes to developing a successful film nowadays per Gianopulos, originality takes precedence over a pic’s financial structure. While thousands of financial models can always be built in the greenlight process, originality — especially in this fierce theatrical-vs.-streaming marketplace, will always win on the big screen, and that’s the first litmus test in regards to whether a project moves forward in a studio system.
Story - Case - Point - Place - Horror
“I still feel a good story well told will always succeed,” he said. Case in point: A Quiet Place, the silent horror...
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