Paramount Downsizes Vantage Dept.

Despite being responsible for two huge, Oscar winning and Oscar-nominated films last year, the Hollywood Reporter has reported that Paramount Pictures - in their infinite wisdom - have decided to "downsize" their "Paramount Vantage" department.

Paramount Vantage will continue as a production label under president Nick Meyer. But the 2-year-old studio's marketing, distribution and physical production departments will be taken over by its parent. Three senior positions are being cut, including that of Vantage distribution executive vp Rob Schulze.

Vantage released both "No Country for Old Men" and "There Will Be Blood" last year. They also released "into the Wild," "The Kite Runner," "Babel," "and "An Inconvenient Truth." Big films that have made a significant impact at the box office.

Seriously: Does this make sense to ANYONE?

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