Warner Bros. Discovery renews contracts for De Luca, Abdy, Variety reports

Warner Bros. Discovery (WBD) CEO David Zaslav confirmed in an internal note to staff that the contracts of Warner Bros. Pictures co-heads Michael De Luca and Pamela Abdy are being renewed for an unspecified amount of time, Variety’s Brent Lang reports. Zaslav had reportedly been interviewing replacements for De Luca and Abdy earlier this year in the wake of flops like “Joker: Folie a Deux,” “The Alto Knights” and “Mickey 17,” but blockbusters like “A Minecraft Movie” grossed nearly $1B. “When I first arrived at the studio, recommitting this storied company to its theatrical roots, renewing Warner Bros. longstanding role as a home for the world’s best storytellers, and reestablishing this iconic studio to its position as an industry leader in terms of quality and box office success were among my key objectives,” Zaslav wrote. “Bringing Mike & Pam on to lead this team was an important step to achieve those goals, and I am excited to share with you that we have re-upped their deal to enable them to continue the stellar work they and this team will do over the next several years bringing the very best movies to cinemas around the world.”