Paramount Pictures chairman Jim Gianopulos delivered a keynote address to Tokyo's TIFFCOM content market Wednesday, offering a detailed recap of how COVID-19 has reshaped the movie business in 2020.
The veteran studio head's assessment, delivered via video, was sober-minded but also optimistic. "I firmly believe the entertainment industry will emerge from this experience stronger than ever before," Gianopulos said.
The Paramount chief talked listeners through how Paramount was forced to gradually escalate its response to the pandemic, as it became increasingly clear throughout the spring and summer that the virus wouldn't be going away for some time to come.
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