×

Michael Wright has renewed his contract as CEO of Amblin Partners, Steven Spielberg’s movie and television production company, which was recently reinvigorated with a major capital infusion from Jeff Skoll’s Participant Media and other investors.

Amblin announced the re-signing Tuesday, which individuals close to the company said extends Wright’s leadership for at least four years.

“Michael is both an inspiring leader and a creative storyteller,” Amblin Chairman Spielberg said, in announcing the deal. “Our partners at Participant Media, Reliance Entertainment and Entertainment One, as well as our team here at Amblin Partners, join me in recognizing what Michael has already accomplished for us. We know his passion for our vision has the wind at our back and we look forward to the years ahead.”

In his own statement, Wright thanked Spielberg and said he looked forward “to building this company and our brands, and continuing to be part of Steven’s storytelling.”

Popular on Variety

Wright previously served as CEO of DreamWorks Studios, which in December was reformed with new coin, led by Skoll’s Participant and contributions from Reliance Entertainment of India, Canada’s Entertainment One and $50 million of Spielberg’s own money. Wright helped lead the formation of the new partnership and a new distribution deal with Universal Pictures. DreamWorks previously had its films released by Disney.

Prior to joining DreamWorks Studios in 2014, Wright was president, head of programming for TBS, TNT and Turner Classic Movies. The announcement cited Wright’s work at Turner, saying he built enduring brands on all three networks, while leading TNT and TBS “to the top of the cable charts for 10 straight years.”

Prior to joining Turner, Wright served as vice president of movies and miniseries for CBS Productions and CBS Entertainment, where he supervised production of some of CBS’ highest-rated and most acclaimed television movies.

Wright is on the board of trustees for the American Film Institute, is a board member for the Academy of Television Arts and Sciences, and serves on the executive committee of the UCLA School of Theater, Film and Television. Wright holds a bachelor’s degree in theater arts from the UCLA College of Fine Arts.