Why Warner Bros.’ Big Change Won’t Disrupt the DC Universe

The exit of Warner Bros. CEO and chairman Kevin Tsujihara got here simply because the studio’s DC movies are gaining momentum with the success of “Aquaman” and excessive hopes for “Shazam.” But the departure isn’t more likely to cease the progress.

Tsujihara wasn’t actively concerned within the day after day administration of the DC model, based on three sources aware of the state of affairs. So his exit gained’t be too disruptive.

“They will not be affected by his departure,” mentioned one insider with data of the state of affairs.

Toby Emmerich, chairman of Warner Bros.’ movement image group, already had the facility to greenlight movies, and can preserve it. Walter Hamada, the president of the DC Films manufacturing unit who oversees the event of the DC Films properties, experiences on to Emmerich.

Also Read: Kevin Tsujihara to Step Down as Warner Bros CEO and Chairman Amid Investigation Over Ties to Actress

Meanwhile, Richard Brener oversees initiatives like “Shazam” and the upcoming “Black Adam” because the president and chief artistic officer of Warner Bros.’ New Line unit.

John Stankey mentioned in a memo to workers that an “interim leadership structure” can be introduced on Tuesday. The interim management group will most definitely embody Emmerich.

Tsujihara’s tenure included movies just like the profitable “Batman v Superman: Dawn of Justice” and “Wonder Woman,” as nicely the disappointing “Justice League.” It’s largest success, final 12 months’s “Aquaman,” has earned $1.1 billion worldwide.

Tsujihara, who has labored for 20 years on the studio and served as chairman for the final six years, stepped down Monday, ten days after The Hollywood Reporter printed texts indicating that actress Charlotte Kirk sought his assist touchdown appearing jobs whereas they have been in a sexual relationship. Both have denied any wrongdoing.

Tsujuhara mentioned in a memo to workers Monday that his management may turn out to be a “distraction and an obstacle to the company’s continued success.”

“The hard work of everyone within our organization is truly admirable, and I won’t let media attention on my past detract from all the great work the team is doing,” he mentioned.