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Movie/TV News

Studio Briefing

2 February 2006

Pink-Slip Time at Paramount, DreamWorks

The merger of Paramount Pictures and DreamWorks will result in the firing of about 240 people, the Los Angeles Times reported today (Thursday). Half of the pink slips will be handed out at Paramount, which employs 2,000; the other half, at DreamWorks, which employs 515. The newspaper, which said that Paramount had confirmed the report, said that most of the cuts were due to overlaps resulting from the merger.

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