In what has been heavily expected in the wake of Jim Gianopulos’ departure from Paramount as CEO and Chairman, the studio’s Motion Picture President Emma Watts is leaving the Melrose lot.
Deadline has confirmed the news.Watts has been in the position since July 20, 2020, and rejoined with her former Fox Boss Gianopulos to rebuild Paramount in the wake of dwindling Transformers’ and Star Trek box office revenues and expensive plays from the Brad Grey and Rob Moore era.
The fruits of her labor will be seen next year on the 2022 release calendar, God willing they all remain on the big screen.This comes at a time when ViacomCBS is pivoting to embracing more of its movies heading to the streaming service, Paramount+.
Read more on deadline.com
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