Today in Cannes, Paramount officially unveiled Paramount Vantage, its new speciality division that will include the Paramount Classics label. The unit, run by John Lesher, will release 8 - 10 films per year, ranging from house films to smaller budgeted comedy and horror films, according to the announcement. indieWIRE will have additional details in a forthcoming story later today. [Eugene Hernandez]
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