Paramount COO Andrew Gumpert Reflects on ‘Cloverfield,’ Premium VOD and Losing Jordan Peele

It’s been an eventful first year at Paramount Pictures for COO Andrew Gumpert, who reflected on his efforts to help steer the struggling studio back on course in a keynote Q&A on Saturday at the UCLA Law School’s annual Entertainment Symposium.After 12 years at Sony Pictures Entertainment, Gumpert joined Paramount in January as a No.

2 to Jim Gianopulos, Paramount’s chairman and CEO, who was originally scheduled to deliver the keynote alongside interviewer Ziffren Brittenham co-founder/partner Ken Ziffren.

He had to bow out of the speaking engagement at the last minute due to a “bad cold,” according to Gumpert, who stepped in for his boss.Gumpert shed light on the unorthodox decision Paramount made to hand over to Netflix the global distribution rights “The Cloverfield Paradox,” a sequel to the J.J.

Abrams-produced franchise.

The streaming service released the movie without any marketing last month except

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