After four years at the helm of DC Films as president of DC’s film division, Walter Hamada has stepped down.
According to the magazine Deadline, the executive just hopes that the top management of Warner Bros. Discovery finalizes your exit payment to leave the company once and for all. Hamada spent 15 years at Warner Bros. and four years as president of DC Films.
He had renewed his relationship with DC Films in January 2021, with a contract that was supposed to tie him to the company until the end of 2023.
That’s because “Black Adam,” a film Hamada oversaw and signed as executive producer, is expected to hit the box office for $ 135 million this weekend (Olhar Digital has already seen the film – check out our review here).
Hamada’s departure from DC had been anticipated for some time, and the executive reportedly packed his bags at his office and did not attend recent creative meetings. Since the merger with Discovery, Hamada is already the fifth of Warner Bros. to leave since David Zaslav took over the newly merged Warner Bros. Discovery.
This is followed by Warner Bros. Motion Picture Group President Toby Emmerich, Production and Development President Courtenay Valenti, Motion Picture Group COO Carolyn Blackwood, and Animation Group Executive Vice President Allison Abbate.
According to Deadline’s information, Walter Hamada already knew that his days were numbered as president of DC Films and that this departure would take place even before meeting David Zaslav. The CEO of Warner Bros. Discovery has repeatedly been transparent about his desire to bring in a Kevin Feige-style executive (president of Marvel Studios) to lead DC.
Zaslav recently courted former Warner development executive and LEGO producer Dan Lin for the job, and former Fox boss Emma Watts has long been a potential boss.
Despite being viewed as a low-key executive who lacks the ability to persuade talent, Hamada deserves credit for some problems. For example, he created the crossover between DC movies and the HBO Max streaming service, which resulted in spinoff series like James Gunn’s “Peacemaker” and Viola Davis’ character Amanda Waller series, both spinoffs of ” The Suicide Squad “. ”And also Matt Reeves’ Colin Farrell Penguin series, which is derived from“ Batman ”.
And speaking of “Batman,” Hamada led Robert Pattinson’s film to the set during the Covid-19 pandemic, and the reboot grossed $ 771 million at the worldwide box office. In addition to the fairly solid amount raised, the film was seen a lot on HBO Max, after 45 days of exclusive theatrical exposure. A sequel is now in development.
Hamada also serves as executive producer and has been involved in two of DC’s highest-grossing films: James Wan’s “Aquaman,” which grossed $ 1.1 billion, and “Joker,” which won two Oscars and is became the highest-grossing film for over 18s in history with $ 1.07 billion.
Despite these merits, Zaslav was already convinced he would make the switch and wants a Feige for DC. Many think that Zaslav already has perhaps the closest thing to a Kevin Feige in executive Michael De Luca who, along with executive Pam Abdy, is overseeing DC until Zaslav takes on a permanent job.
De Luca recently put together a new “Constantine” with Keanu Reeves and director Francis Lawrence, for example. But Zaslav really seems to be looking for outside talent.
Warner Bros. reportedly offered a producer deal to Hamada, but the executive declined. According to Deadline, he was preparing for release when Warner Bros. Discovery shelved the “Batgirl” movie, which was already in post-production.
After this situation, De Luca and Abdy had to convince Hamada to remain president of DC Films, at least until he oversees “Black Adam,” which opens this week.
Walter Hamada must find it easy to fit into the film industry, as a producer or executive. In addition to stabilizing dysfunctional DC when he returned to Warner Bros. In 2018 he enjoyed himself at New Line Cinema, where he oversaw the production of several hits such as “The Conjuring”, “Annabelle” and “It”, which grossed over 700 million. of dollars at the box office, with a budget of 35 million dollars.
“Black Adam” hits Brazilian cinemas this Thursday (20).
The post that Walter Hamada is leaving the presidency of DC Films first appeared on Olhar Digital.
Source: Olhar Digital
Emily Jhon is a product and service reviewer at Gossipify, known for her honest evaluations and thorough analysis. With a background in marketing and consumer research, she offers valuable insights to readers. She has been writing for Gossipify for several years and has a degree in Marketing and Consumer Research from the University of Oxford.
