Grandpa Sumner sounds positive when it comes to Paramount, but not so much when it comes to Paramount head Brad Grey

Viacom dictator Sumner Redstone in Germany to oversee the German launch of Comedy Central has great hopes for his movie studio and thinks Brad Grey is doing kind of an OK job. So how long until Sumner hands Grey's job to Stacey Snider? "'Dreamgirls' has been nominated for eight Academy Awards', 'Babel' has been nominated for a lot, including best picture," Redstone said. " Steven Spielberg has a picture coming -- 'Transformers.' I've seen part of it; it is fantastic. 'Norbit' opened to $34 million on its first weekend. We have another Indiana Jones (movie) coming up which will come in 2008. You will see us rising from the bottom to the top or very near the top in the first six months of this year." Redstone said Paramount Pictures CEO Brad Gray is "doing just about all the right things." Viacom chief bullish on struggling studio [Reuters]