Hollywood 2017: Megan Colligan Out as Head of Marketing and Distribution at Paramount.

Megan Colligan is out as head of worldwide marketing and distribution at Paramount.

The move comes as new studio chief Jim Gianopulos shakes up the top executive ranks at the troubled company in the wake of many film flops such as “Ghost in the Shell” and “Baywatch.”

Paramount’s latest bomb, “Suburbicon,” a misfire of a dark satire from George Clooney, debuted to a dismal 2.8 million, grossing thus far only $5.1 million.

In September, Gianopulos ousted Marc a the motion picture group president, and replaced him with Wyck Godfrey, the producer of “The Fault in Our Stars” and “Twilight.”

Colligan thanked her colleagues for their “hard work, inspired talents and true professionalism.” She went on to write, “You’re a team in every sense of the word. You never give up and never give in, no matter how great the challenge.”

In the interim, Rebecca Mall, Peter Giannascoli, and Kyle Davies will oversee domestic marketing and distribution. Mary Daily and Mark Viane will supervise international activities.

“We are lucky to have an incredibly experienced and talented team here, all of whom I am confident will be able to step in and market and distribute our movies in a smart, strategic, and coordinated manner,” Gianopulos wrote in a note to staff.

Colligan has held her job since 2014, having previously served as co-president of domestic marketing and distribution. She oversaw the campaigns for Paramount’s franchises, “Mission: Impossible,” “Transformers,” and “Star Trek.”  She had success with Oscar contenders, such as “The Wolf of Wall Street” and “Fences,” which won Oscars and was box office success.

Colligan previously worked for Paramount’s speciality division, Paramount Vantage, and served as vice president at Fox Searchlight, working on campaigns  “Sideways,” “Bend It Like Beckham,” and “Napoleon Dynamite.”

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