News from Hollywood this morning.. high noon at Paramount. Rob Moore did not survive..
Moore was ousted as the vice president of the company. Information of such was confirmed by people who informed the LA TIMES and other Left Coast fishwrappers–but they were unnamed due to not having any permission to publicly speak about it..
The reason behind the season of shakeup: Look no further than BEN HUR .. it was the biggest flop of the entire summer box office season.. and it was Paramount’s rotten egg. And there were more, such as TEENAGE MUTANT NINJA TURTLES OUT OF THE SHADOWS and ZEALANDER 2 .. .. but the BEN HUR fiasco took the precedence due to the shear horror the company had with lack of profits to make back what the film cost..
Paramount is set to lose $450 million in the current fiscal year.
Instructions to fire Moore came from Viacom’s board, according to two people familiar with the situation who were not authorized to speak publicly..