Former DC Films head, Walter Hamada, has found a new home at Paramount weeks after leaving Warner Bros. Hamada had been in charge of DC for four years.
The executive will be overseeing Paramount’s horror output. This will take Hamada going back to his roots which saw him working on ‘The Conjuring’ and ‘It’ franchises. The studio has just had success with ‘Smile’ which has taken over $200 million worldwide form a $17 million budget and Hamada has been tasked with producing several mid-budget horror films for cinemas and streaming a year. He takes up the position on 1st January, 2023.
With his track record for groundbreaking success, Walter is the ideal partner and visionary to build out our mainstream horror genre franchise business. As evidenced by the fantastic performance of Smile, there is a tremendous appetite for original, high-concept storytelling in the global marketplace, and we look forward to a long and successful partnership.
Paramount Pictures President and CEO Brian Robbins
I am thrilled to collaborate with Paramount Pictures with the singular goal of creating exceptional movies in the horror genre. Over the course of my career, nothing has been more gratifying than discovering emerging, first-time filmmakers and writers and unleashing their brilliance in a studio setting. Thank you to Brian and the entire team at Paramount Pictures for this tremendous opportunity, I can’t wait to get started.
Walter Hamada
Paramount’s next big horror release is the sixth film in the ‘Scream’ franchise.
Source: The Hollywood Reporter
We've Got (Back) Issues 