Source: Paramount in Final Talks for New Chief
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Paramount Studios, stung by a string of flops that include "Team America" and "Stepford Wives," is in the final stage of negotiations to appoint Hollywood dealmaker Brad Grey as its new chief executive, a source familiar with the matter said on Monday.
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eslie Moonves, the co-president of Viacom, yesterday realigned the management of the company&#39;s CBS entertainment division and Paramount television production studio, promising smoother and greater interaction between the two.
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Struggling NBC is expected to oust its top entertainment executive, Kevin Reilly, and replace him with the man who helped bring "The Office" and "Ugly Betty" to American television, an executive close to the talks said Monday.
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A deal that would name the veteran talent manager Brad Grey to head Paramount Pictures, a studio that has suffered a string of box office flops in recent years, is almost finished.
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The Hollywood directors' union  reached a contract deal with major film and television studios  on Thursday -- a move likely to turn up pressure to settle a  10-week-old strike by screenwriters.
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LOS ANGELES, Sept. 5 &#151; For more than a year, Hollywood executives have speculated who among Paramount Pictures&#8217; newly minted management team would be the first to be fired. No one predicted it would be Paramount&#8217;s boss, Tom Freston, the chief executive of Viacom who was ousted on Tuesday.
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The union representing Hollywood  directors has agreed to open formal contract talks with major  film and television studios on Saturday in a move seen as a  potential blow to striking screenwriters.
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The board of embattled mortgage  finance enterprise Fannie Mae met on Sunday to discuss whether  to make changes to top management, a source close to the  situation said.
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Union leaders for Hollywood  screenwriters have reached a tentative deal on a new three-year  contract with film studios and TV networks, the two sides said  on Wednesday.
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The Walt Disney Co. said Tuesday it expects to hire a new chief executive by next June after a search that will include both inside and outside candidates to replace Michael Eisner, who is retiring in 2006.
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The Directors Guild of  America has begun casual contract talks with the studios, and  an announcement of formal negotiations appears likely within  the coming week, a step that ensures the writers strike will  persist for some time.
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The Walt Disney Co. DIS.N board  of directors on Tuesday said it expected to find a chief  executive to succeed Michael Eisner by next June and would  consider both outside executives and Disney President and Chief  Operating Officer Bob Iger for the position.
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Entertainment giant NBC Universal,  a unit of General Electric Co., will announce this week it is  bringing in a new, younger chief executive to better compete in  the digital age, the Los Angeles Times newspaper reported on  Sunday.
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Jay-Z is in final negotiations to become president of Universal Music Group's Island Def Jam label, a source familiar with the negotiations said Tuesday.
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The Directors Guild of America and Hollywoodâs production companies said that they plan to start formal contract negotiations on Saturday.
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By Steve Krutzler / 20:55, 7 September 2004 / General Star Trek. Paramount Network Television will undergo a major refit according to Viacom today.
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Hollywood's major film and  television studios said on Friday they would begin formal  contract talks with directors as soon as this weekend, marking  a key development in the ongoing screenwriters strike.