Walter Hamada has left his office at the Warner Bros. lot after four years as the president of DC Films.
Deadline reports that Walter Hamada has officially stepped down as the head of DC Films at Warner Bros Discovery. Senior WBD executives are currently finalizing his exit payout, following a fifteen-year run at the studio. According to the trade, Hamada has packed up his office and hasn’t been a part of recent meetings, indicating that his exit has been in the works for some time now.
Walter Hamada kicked off his tenure as the president of DC Films with the release of 2018’s Aquaman, which is currently the highest-grossing DC Comics movie to date with earnings north of $1.4 billion globally. He most recently oversaw The Batman, which brought in $769.2 million worldwide, an impressive number considering it was released during the pandemic.
What happens to DC Films now?
For the time being, DC Films will be overseen by Michael De Luca and Pam Abdy, the co-chairs and CEOs of Warner Bros. Pictures. WBD chief David Zaslav has been trying to find someone similar to Marvel’s Kevin Feige to run the company’s DC assets with no luck. The position almost went to producer Dan Lin but negotiations broke down in the first week of September.
Recent reports indicated that Walter Hamada almost left DC Films when Warner Bros. Discovery executives made the decision to axe the Batgirl movie and use it as a tax write-off. Michael De Luca and Pam Abdy convinced him to stay on until the release of Black Adam, which opens this week.
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Source: Deadline