November 15, 2021
Mary Daily, a home entertainment veteran who rose to co-president of marketing and distribution at Paramount Pictures, reportedly is out as the studio restructures internal operations. Marc Weinstock has been upped to head of global distribution.
Separately, Pam Kaufman, president of global consumer products for ViacomCBS, saw her duties expanded to include the studio’s entertainment division. She replaces Kevin Suh, who is reportedly stepping down.
Daily, a former longtime home entertainment executive at 20th Century Fox, joined Paramount in 2017. She played a key role in marketing efforts for A Quiet Place, A Quiet Place Part II, Bumblebee, Rocket Man and Mission: Impossible — Fallout, among other movies.
Paramount continues to rebrand itself as a streaming property while maintaining a legacy film and TV content production studio. While the studio has succeeded in licensing content to third party platforms, in addition to Paramount+, success at the box office has been fleeting.
The studio realized just $67 million in theatrical revenue in the most-recent fiscal period, which was up from $6 million recorded in the previous-year period when most theaters were shuttered due to the pandemic.