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New studio head makes changes

July 18, 2005 at 12:41 PM   |   Comments

LOS ANGELES, July 18 (UPI) -- One of the priorities set by new Paramount Pictures head Brad Grey was a badly needed boost in employee morale, it was reported Monday.

Grey, who took over the studio in May, was shocked to learn Paramount employees paid more for DVDs than consumers at discount stores, the Los Angeles Times said.

He immediately decreed anyone working for Paramount would pay wholesale prices for the studio's movies, telling the Times: "I didn't think it was necessary to make a profit on our employees."

In other morale boosters, Grey junked all the outdated office equipment, organized employee outings and parties and gave workers Friday afternoons off.

Grey has also made a number of top management changes as he looks to spice up the studio's film roster.

Topics: Brad Grey
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