Paramount's Continued "Adjustments"

Continuing Tom Freston's march to remake Paramount from risk-averse purveyor of remakes (see "Alfie," "The Stepford Wives," and "The Manchurian Candidate), Sherry Lansing has announced her intention to step down from her twelve year run as chairwoman of Paramount Pictures. Now that Jonathan Dolgen, financial architect of Paramount's middling run, and Lansing will be departed, Freston has a clear run at fully reshaping the studio's operating patterns and movie choices. He has been very clear about his intentions of revitalizing (inventing) an independent arm and rumors abound about an acquisition.

Read one of the many to cover the end of the reign of a "pioneering" woman -- there must be better adjectives out there to describe her success -- LA Times, New York Times, and Washington Post.

Of course, the most pressing question is that of musical chairs -- who steps in? -- and Variety is handicapping the horse race.