When the trailer came out this summer-after picking our jaws off the floor-we tracked the HR carnage the project has already left in its wake: Goodman has left Paramount, as has Bob Bacon, the one-time head of Paramount Animation, the division behind Monster Trucks. The studio was seeking properties that could sell toys and become franchises, and it seems that the inexplicable success of Paramount’s Transformers films, combined with development work from a gifted 4-year-old, sent the company off the rails. ![]() The idea for the film-what if monster trucks had real, live monsters in them? Burping monsters?-was developed by one-time studio president Adam Goodman with the help of his then-4-year-old son, who is now the undisputed world champion of economic collapse, preschool division. But we’ll probably fire the marketing department instead.” And now we’ve got this thing, this film, quote-unquote, and oh my God, have you seen the trailer? We’re all going to get fired. No one wanted to be the first person to say what a bad idea it was, and looking at how much money we were spending gave us a sick feeling in the pit of our stomachs so eventually we just stopped looking. It just sort of had its own momentum after a while, you know? It felt like it was happening in some other department of the studio. On Wednesday, Paramount Pictures’ parent company Viacom revised its earnings-per-share expectations to account for “a programming impairment charge of $115 million in its filmed entertainment segment in its fiscal fourth quarter related to the expected performance of an unreleased film.” This is Wall Street speak for “We don’t even remember making this Monster Trucks movie. The demographic gained a much greater ability to wreak fiscal havoc with the development of in-app purchases, but, as the Wall Street Journal reports, one budding young film mogul has set a record that will likely stand for a long time. ![]() Years ago, reporters assigned to the “financial catastrophes caused by 4-year-olds” beat were mostly chasing broken gumball machines and stolen allowances.
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