Paramount And Former DC Films Boss Walter Hamada Sign Multi-Year Production Pact – Deadline

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Here’s big news. In the wake of the departure of former DC Films boss Walter Hamada from Warner Bros. Discovery, he has landed at Paramount Pictures in an exclusive, multi-year production deal. Huge profit here for Melrose’s plot with a director not only going to the highest-grossing movie in DC Aquarius with $1.1 billion worldwide, but also lagged behind Conjure it franchise, the highest-grossing horror series ever with over $2 billion in worldwide box office receipts.

Hamada’s deal goes into effect Jan. 1 and he will be the architect of Paramount’s mainstream horror genre pod, with a mission to release several low- to mid-budget films a year in theaters and streaming. Paramount had a big win with the horror movie this fall Smile, which was originally destined for Paramount+ but revolved around a theatrical release where it grossed nearly $210 million worldwide, with over $100 million from that US side.

“With his track record of groundbreaking success, Walter is the ideal partner and visionary to build our mainstream horror genre franchise business,” said Brian Robbins, president and CEO of Paramount Pictures. “As evidenced by the fantastic performance of Smile, there is a huge appetite for original, high-concept stories in the global marketplace, and we look forward to a long-term and successful partnership.”

Hamada said, “I am thrilled to partner with Paramount Pictures for the sole purpose of making exceptional films in the horror genre. Over the course of my career, nothing is more satisfying than discovering emerging, new filmmakers and writers and unleashing their genius in a studio environment. Thank you to Brian and the entire team at Paramount Pictures for this great opportunity, can’t wait to get started.”

Among Hamada’s other feathers at DC: He was also behind the label’s second-highest-grossing film, the multi-Oscar-winning and highest-grossing R-rated title of all time in prankster, which grossed more than $1 billion worldwide. He also led the DC titles The batter, Black Adam, The Suicide Squad, Wonder Woman 1984 and Shazam!as well as the studio’s upcoming DC-based releases, including The Flash, Aquaman and the Lost Kingdom and Shazam: Anger of the Gods.

Prior to DC, Hamada was EVP of Production at New Line Cinema, which he ran behind Conjure it series and the adaptation of Stephen King’s iconic horror novel THE, which became a global phenomenon and the highest-grossing horror film in history with over $704 million in worldwide box office receipts.

Last night, Paramount showed off their awards season contender Babylon, from Oscar-winning filmmaker Damien Chazelle, at the Movie Academy’s Samuel Goldwyn Theater on Wilshire Boulevard.

Hamada is represented by attorney Jeff Frankel.


The Valley Voice
The Valley Voicehttp://thevalleyvoice.org
Christopher Brito is a social media producer and trending writer for The Valley Voice, with a focus on sports and stories related to race and culture.

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