Paramount Chief Jim Gianopulos Touts Turnaround, Acknowledges Years of Flops

Jim Gianopulos wants theater owners to know that it’s a new day at Paramount.

The newly minted studio chairman inherited a company that had been weighed down by flops such as “Teenage Mutant Ninja Turtles: Out of the Shadows,” “Downsizing,” and “Suburbicon.”“It’s no secret we’ve had some difficult years at the box office,” Gianopulos said at the exhibition industry confab CinemaCon.

He then pivoted to a larger argument that in his first months on the job, he’d begun to assemble the creative and business team necessary to turn things around.“We’re laying the foundation…to deliver to you films for every possible audience for years to come,” he said.Gianopulos, the former head of 20th Century Fox’s film studio, is also benefiting from some lucky timing.

“A Quiet Place,” the low-budget thriller that his predecessor Brad Grey greenlit, has been a box office force,

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