After rumors abounded over the last few months concerning Jim Gianopulos‘ new work place after leaving his long-held tenure at 20th Century Fox, we can now officially confirm that the Greek-American film executive has been named Chairman/CEO of Paramount Studios.
A couple of weeks ago we learned that Paramount insiders had leaked information about Gianopulos being considered for CEO, and the news is now official.
Gianopulos is a respected industry veteran who has managed to keep up to date with the changes in the international marketplace and the new technologies that have affected the studio business model in the last few years.
His tenure at Fox was marked by both commercial and critical successes, including “Avatar”, “Deadpool”, “12 Years a Slave”, and “Birdman”; the latter two films won Oscars.
Part of the reason he was hired at Paramount is because the studio has fallen behind the other major Hollywood players, and has failed to acquire the box office returns or international franchises it needs to accelerate its growth in the next few years.
Viacom CEO Bob Bakish, the boss of Paramount’s parent company, commended Gianopulos’ experience and talent, saying “Jim is a remarkably talented executive with all the tools — strategic vision, strong business expertise, deep industry and creative relationships — to bring films to life that resonate throughout culture and deliver commercial results.”