Wall Street Wants Brad Grey’s Head

 Brad Alan Grey (born December 29, 1957) is the chairman and CEO of Paramount Pictures, a position he has held since 2005. Under Grey’s leadership, Paramount finished No. 1 in global market share in 2011 and No. 2 domestically in 2008, 2009 and 2010 despite releasing significantly fewer films than its competitors. He also has produced eight out of Paramount’s 10 top-grossing pictures of all time since he succeeded Sherry Lansing in 2005.

National Amusements, which controls Viacom and CBS, officially Publicly asked the two corporations to merge, setting off conjecture of what a reunified firm might resemble — and it may not look good for some staffs.

Some of Viacom’s TV stations could be modernized or sold off and some are calling for initiative changes at the failing to meet expectations Paramount film studio, which as of late brought a $115 million record on a motion picture it hasn’t discharged.

“Wall Street wants Brad Grey’s head for writing off $115 million on an unreleasable film,” said Laura Martin of Needham & Co. “You can quote me on that. You can exclamation-point that. We’re lost on why that person should keep his job.”

Sources told The Holly-writer Reporter that the movie in question is Monster Trucks, a kid’s film that, after numerous delays, is now set for release Jan. 13.