Paramount comes up empty in Oscar nominations for first time in 15 years

Viacom’s Paramount emerged with no Oscar nominations on Tuesday for the first time since 2003.

What’s worse, it’s the first time in 15 years that any of the major Hollywood studios (or their indie divisions, including the now-dormant Paramount Vantage) has gotten blanked by the Academy.

Paramount came into this Oscar season with high hopes for a trio of high-profile and starry films, including Alexander Payne’s high-concept “Downsizing” with Matt Damon and Kristen Wiig, director George Clooney’s ’50-set drama “Suburbicon” (also starring Damon) and Darren Aronofsky’s genre-defying Jennifer Lawrence film “mother!”

In addition, the studio also mounted a campaign for “An Inconvenient Sequel,” the follow-up to its 2006 climate-change documentary “An Inconvenient Truth” — which won both two Oscars for Best Documentary Feature and Best Original Song for Melissa Etheridge’s “I Need to Wake Up.”

A rep for Paramount declined to comment.

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Matt Damon and Luciana Barroso together
VENICE, ITALY - SEPTEMBER 02: Matt Damon and Luciana Damon walks the red carpet ahead of the 'Suburbicon' screening during the 74th Venice Film Festival at Sala Grande on September 2, 2017 in Venice, Italy. (Photo by Venturelli/WireImage)
VENICE, ITALY - SEPTEMBER 02: Matt Damon and Luciana Damon walk the red carpet ahead of the 'Suburbicon' screening during the 74th Venice Film Festival at Sala Grande on September 2, 2017 in Venice, Italy. (Photo by Dominique Charriau/WireImage)
VENICE, ITALY - AUGUST 30: Luciana Damon and Matt Damon walk the red carpet ahead of the 'Downsizing' screening and Opening Ceremony during the 74th Venice Film Festival at Sala Grande on August 30, 2017 in Venice, Italy. (Photo by Ernesto Ruscio/Getty Images)
NEW YORK, NY - MAY 01: Matt Damon and Luciana Damon at 'Rei Kawakubo/Comme des Gar�ns:Art of the In-Between' Costume Institute Gala at Metropolitan Museum of Art on May 1, 2017 in New York City. (Photo by Jackson Lee/FilmMagic)
LOS ANGELES, CA - MARCH 02: Actor Matt Damon and wife Luciana Damon arrive for the Premiere Of Disney's 'Beauty And The Beast' held at El Capitan Theatre on March 2, 2017 in Los Angeles, California. (Photo by Albert L. Ortega/Getty Images)
BEVERLY HILLS, CA - FEBRUARY 26: Luciana Damon and Matt Damon arrive for the Vanity Fair Oscar Party hosted by Graydon Carter at the Wallis Annenberg Center for the Performing Arts on February 26, 2017 in Beverly Hills, California. (Photo by Karwai Tang/Getty Images)
HOLLYWOOD, CA - FEBRUARY 26: Luciana Damon (L) and actor Matt Damon arrive at the 89th Annual Academy Awards at Hollywood & Highland Center on February 26, 2017 in Hollywood, California. (Photo by Dan MacMedan/Getty Images)
SANTA MONICA, CA - FEBRUARY 25: Luciana Damon and Matt Damon during the 2017 Film Independent Spirit Awards at the Santa Monica Pier on February 25, 2017 in Santa Monica, California. (Photo by Araya Diaz/Getty Images)
SANTA MONICA, CA - FEBRUARY 25: Luciana Damon and actor Matt Damon during the 2017 Film Independent Spirit Awards at the Santa Monica Pier on February 25, 2017 in Santa Monica, California. (Photo by Araya Diaz/Getty Images)
HOLLYWOOD, CA - FEBRUARY 15: Actor Matt Damon (R) and wife Luciana Damon attend the premiere of 'The Great Wall' at TCL Chinese Theatre IMAX on February 15, 2017 in Hollywood, California. (Photo by Jason LaVeris/FilmMagic)
LOS ANGELES, CA - FEBRUARY 10: Matt Damon and Luciana Damon attend MusiCares Person of the Year honoring Tom Petty at the Los Angeles Convention Center on February 10, 2017 in Los Angeles, California. (Photo by Kevin Mazur/WireImage)
HOLLYWOOD, CA - JANUARY 09: Luciana Bozan Barroso, Matt Damon arrives at the Premiere Of Warner Bros. Pictures' 'Live By Night' at TCL Chinese Theatre on January 9, 2017 in Hollywood, California. (Photo by Steve Granitz/WireImage)
BEVERLY HILLS, CA - JANUARY 08: Luciana Damon, Matt Damon arrives at the 74th Annual Golden Globe Awards at The Beverly Hilton Hotel on January 8, 2017 in Beverly Hills, California. (Photo by Steve Granitz/WireImage)
BEVERLY HILLS, CA - JANUARY 08: (L-R) Luciana Damon, actor Matt Damon, actress Sienna Miller, and actor Ben Affleck attend Amazon Studios Golden Globes Celebration at The Beverly Hilton Hotel on January 8, 2017 in Beverly Hills, California. (Photo by Todd Williamson/Getty Images for Amazon)
BEVERLY HILLS, CA - NOVEMBER 14: Producer Matt Damon and wife Luciana Damon attend the premiere of 'Manchester by the Sea' at Samuel Goldwyn Theater on November 14, 2016 in Beverly Hills, California. (Photo by Jason LaVeris/FilmMagic)
LAS VEGAS, NV - JULY 18: Luciana Damon (L) and actor Matt Damon attend the premiere of Universal Pictures' 'Jason Bourne' at The Colosseum at Caesars Palace on July 18, 2016 in Las Vegas, Nevada. (Photo by Gabe Ginsberg/FilmMagic)
PARIS, FRANCE - JULY 12: Actor Matt Damon and his wife Luciana Damon Damon attend the 'Jason Bourne' Paris Premiere at Cinema Pathe Beaugrenelle on July 12, 2016 in Paris, France. (Photo by Bertrand Rindoff Petroff/Getty Images)
LONDON, UNITED KINGDOM - JULY 11: Matt Damon & Luciana Damon, Jason Bourne at the European premiere of 'Jason Bourne' at Odeon Leicester Square on July 11, 2016 in London, England. PHOTOGRAPH BY Brett Cove / Barcroft Images London-T:+44 207 033 1031 E:hello@barcroftmedia.com - New York-T:+1 212 796 2458 E:hello@barcroftusa.com - New Delhi-T:+91 11 4053 2429 E:hello@barcroftindia.com www.barcroftimages.com (Photo credit should read Brett Cove / Barcroft Images / Barcroft Media via Getty Images)
Matt Damon and Luciana Damon arrive to the Vanity Fair Party following the 88th Academy Awards at The Wallis Annenberg Center for the Performing Arts in Beverly Hills Sunday evening, February 28, 2016. (Photo by Axel Koester/Corbis via Getty Images)
BEVERLY HILLS, CA - FEBRUARY 28: Luciana Damon (L) and actor Matt Damon arrive at the 2016 Vanity Fair Oscar Party Hosted By Graydon Carter at Wallis Annenberg Center for the Performing Arts on February 28, 2016 in Beverly Hills, California. (Photo by John Shearer/Getty Images)
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Paramount has been in the midst of transition since losing its longtime chairman Brad Grey last year. Former Fox head Jim Gianopoulos has been cleaning house in the upper executive ranks in recent months and working with a slate of leftover projects from the Grey era.

Last year, the studio’s films grossed $534.3 million domestically, for a measly 4.8 percent of the total market and a seventh place finish among distributors, behind Lionsgate.

For the record, Fox Searchlight led among distributors on Tuesday with 20 Oscar nominations, including 13 for Guillermo del Toro’s “The Shape of Water.” Universal’s Focus Features and Warner Bros. tied with 14 nods each, and Disney followed with 10.

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