Chairman of Warner Bros. Motion Picture Group, Toby Emmerich, resigns
Chairman of Warner Bros. Motion Picture Group’s Toby Emmerich is stepping down this summer and will be replaced by Michael De Luca and Pam Abdy as co-chairmen and CEOs.
Here are the details of Emmerich’s departure:
- Currently, Emmerich is chairman of Warner Bros. Pictures Group, which includes Warner Bros. Feature Animation as well as Warner Bros. Pictures, New Line Cinema and DC-based Film Production. However, Warner plans to split the coins into separate business segments with Warner Bros. Pictures/New Line Cinema, Warner Bros. Feature Animation and DC-based Film Production, each operating under separate, dedicated management.
- Reportedly, Emmerich’s decision came in the face of this reorganization which would see him step down from overseeing DC and feature animation. He will, however, remain on board until this summer, when De Luca and Abdy will assume their new roles. The pair will oversee the combined divisions of Pictures Group, including Feature Animation and DC, until permanent hires can be made to lead those departments.
- After his departure, Emmerich will launch a new production company at the Warner Bros. studio. focused on film, television and streaming. Under an exclusive five-year deal, parent company Warner Bros. Discovery will finance the company and take the rights to distribute films and series from the studio.
- Emmerich took the job from Warner Bros. after leaving New Line at the end of 2016. In 2017, he became president and chief content officer of Warner Bros. Pictures Group, and in 2018 its president. During his tenure, he oversaw Warner Bros.’ best year ever. Pictures Group in 2018, with a worldwide box office earning of $5.57 billion.
- Releases from Warner Bros. Feature Animation during Emmerich’s tenure include The Lego Batman Movie, Smallfoot, Scoob!, Tom and Jerry, and Space Jam: A New Legacyamong others.
- “After 21 years at New Line and Warner Bros., and many long walks and introspective conversations with Zas [Warner Bros. Discovery CEO David Zaslav], I have decided to step down as president at the end of the summer,” Emmerich said in a letter to his team. “I’m going to cheer you on… all of you from the office of a production company on this beautiful piece of land. I’m proud of it all and I can only say thank you. I’ll see you on the other side.
- “We have a long history of world-class production here at Warner Bros. Discovery, and our intention going forward is to tell more of the best stories and share them with an even wider audience around the world,” wrote Zaslav in a note. to staff. “Toby and his team will play an important and valuable role in this venture, we are delighted to have joined them and look forward to seeing what they create in the months and years to come.”