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June 30, 2009 - Interstellar / studio executive developing project laid off from Paramount

Scooped on Sunday, July 5, 2009

Ben Cosgrove, a senior vice president of production at Paramount Pictures and the studio executive that was in charge of development of the Interstellar movie project, was among 30 other Paramount employees let go from the company this week. Cosgrove was also developing The Fighter for director David O. Russell and a new remake of Dune to be directed by Peter Berg. Since his promotion to the president of Paramount Film Group on June 19, Adam Goodman has been trimming the studio's production and development personnel down and restructuring the two pipelines. Paramount used to be in the business of making 20 or so movies a year, but after parting ways with DreamWorks last year and with its partnership to distribute DreamWorks and Marvel Studios films the studio needs to only make 12 to 14 of its own movies each year. It's currently unknown which development exec at Paramount now will inherit the Interstellar movie.

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