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Paramount Pictures in focus

Oct. 02, 2013 7:37 AM ETViacom Inc. (VIAB) StockVIABBy: Clark Schultz, SA News Editor
  • Paramount Pictures says it will eliminate 5% of its workforce in a new round of job cuts.
  • The studio had a solid summer with Star Trek Into Darkness and World War Z beating expectations at the box office, but faces a sticky situation with Martin Scorcese wanting to delay the debut of The Wolf of Wall Street right in front of the holiday season and deadline to qualify for major awards.
  • The Viacom (NASDAQ:VIAB)-owned company says it's undergoing an organizational realignment.

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