Jeremy Kramer Out as Paramount Players President; Studio Absorbs Specialty Label Under Daria Cercek, Michael Ireland

Paramount Pictures is calling home its speciality label Paramount Players, folding the lower-budget and genre label under the stewardship of the studio’s larger motion picture group. As a result of the decision, current Paramount Players chief Jeremy Kramer is exiting his post.

Paramount motion picture group co-heads Daria Cercek and Michael Ireland will run point on the unit moving forward.

“Partnering with our filmmakers across a range of genres and budgets is critical to our studio’s vibrancy and our business’ long-term success,” said Paramount president and CEO Brian Robbins of the move. “In uniting Paramount Players within the larger Motion Picture Group, our goal is to optimize the power of one division to scale the expertise and skill set of an incredibly talented team of executives under Daria and Mike.”

The new studio chief added that “over the last couple of years, Jeremy has played an integral role in further establishing Players as a youthful, entrepreneurial production arm throughout the industry and within our own company, and I want to thank him for all of his contributions and leadership.”

More to come …

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