Hollywood has been a hotbed of activity this summer, whether you’re talking about the Marvel or DC movies. The biggest news is the DC Films President Walter Hamada is reportedly on the verge of leaving the company, following the decision to shelve the Batgirl film that was set to premiere on HBO Max.
According to The Hollywood Reporter sources, Walter Hamada, president of DC Films, is on the verge of leaving the company and has sought legal advice.
As per reports, Hamada will continue in his position until the major DC movie Black Adam, starring Dwayne “The Rock” Johnson, opens in theatres in late October….
“He’s pausing. The decision has not been made to make this adversarial yet.”
Hamada, who became the president of the production at DC Films in 2016 and has held that position since then. His ascension to power follows after the failures of DC Blockbuster films like Justice League, Suicide Squad, and Batman v Superman: Dawn of Justice.
Hamada was named President of DC Films, where he oversees the production and development of all DC-branded movies, television shows, and other content.
According to the report, Warner Bros. Pictures CEO’s Michael De Luca and Pam Abdy told Walter Hamada about the cancellation of Batgirl during a test screening of Black Adam.
Batgirl was cancelled because it was not strong enough for a theatrical release and too expensive for its original HBO Max plans so a tax write-down will be made on this project.
“We think we can build a much stronger, sustainable growth business out of DC,” Zaslav said in a meeting this week. “As part of that, we are going to focus on quality. We are not going to release any film before it’s ready … DC is something we can make better.”
Walter Hamada was furious that such dramatic decisions were being made without consulting him.