Discovery Has Reimagined The Structure Of Its Film Business
Emmerich’s ouster has been gossiped about for years, dating back well before the company was sold to Discovery. Still, his decision to leave for a production deal stunned executives on the studio’s Burbank lot, many of whom had worked with Emmerich for decades.
It comes on the heels of a series of head-spinning directives from Warner Bros. Discovery CEO David Zaslav and his leadership team, who have been simultaneously obsessed with finding $3 billion in cost-saving synergies while expanding the number of movies the company produces.
The move also comes as Warner Bros. Discovery has reimagined the structure of its film business. Zaslav was said to be enamored with what the Walt Disney Company has achieved in operating its media operations as a series of distinctive brands, with the likes of Marvel’s Kevin Feige, LucasFilm’s Kathleen Kennedy and Pixar’s Jim Morris and Pete Docter overseeing independent fiefdoms. He wants to do something similar with Warner Bros.
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“It’s clear that they’re rebuilding,” one top Hollywood dealmaker noted to Variety. “Maybe with a sledgehammer.”
On Wednesday, Zaslav finally clarified this ambition by setting a new world order: De Luca and Abdy will run Warner Bros. Pictures and New Line Cinema, standing alongside Warner Bros. Animation and DC Films. All labels had previously reported up to Emmerich, who also enjoyed control over a slate of exclusive made-for-streaming features for HBO Max. It’s also not clear if executives such as New Line’s Richard Brenner and DC Films’ Walter Hamada will still have a role to play in the new configuration.
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