Sherry Lansing, the woman who broke the Hollywood glass ceiling to run Paramount Pictures, has announced she will step down when her contract expires. Lansing is known as the force behind such blockbusters as 'Fatal Attraction', 'Titanic', 'Saving Private Ryan', 'The Italian Job', and 'Forrest Gump'.

She made history in 1980 when she became the first chief of a major studio at 20th Century Fox. She left Fox after male executives said 'Chariots of Fire' was boring and they would not back it. In 1992 she became chief of Paramount Pictures.

In recent years her luck has changed. The woman behind films such as 'Braveheart' and 'The China Syndrome' began producing duds such as 'The Stepford Wives', and 'Paycheck'. The upcoming "Alfie', another remake, looks to suffer a similar fate.