Today in Indie Carnage: Pink Slips Come Out at Paramount Vantage [Industry Euthanasia]

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The saga of Paramount Vantage arrived at its bloody conclusion this morning, when Rob Moore and John Lesher sent a memo announcing the termination of 60 jobs at the specialty label. The paring down follows the earlier absorption of Vantage into the 'Mount mother ship, where Lesher graduated earlier this year, Amy Israel hit the eject button and which will keep a handful of staffers on as part of the catchily titled Paramount Worldwide Acquisitions Group announced a few days ago.

Anne Thompson

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Published 7/24/08 by

Defamer