Toby Emmerich has extended his contract as chairman of Warner Bros. Pictures Group and elevated top lieutenant Carolyn Blackwood to the newly created position of chief operating officer.The move follows the box office success of "Joker," the gritty comic book adaption that became the highest-grossing R-rated movie in history with an $875 million haul. Made for $62 million, it will also be one of the most profitable superhero movies of all time.In her new role, Blackwood will be responsible for...
Emmerich built a strong track record as head of the film group at Warner Bros., which undoubtedly helped him survive a messy 2020 studio reorganization that pushed other longtime execs out the door and consolidated his power, giving him oversight of all the studio’s feature output, both theatrical and streaming. But that didn’t soften the reception he received in December 2020, when he called agency chiefs to inform them the studio would be releasing its films simultaneously in theaters and on HBO Max. In 2022, Emmerich ultimately exited what became Warner Bros. Discovery, the new entity formed from AT&T spinning off WarnerMedia and merging it with Discovery, and was replaced by former MGM film chief Michael De Luca alongside Pamela Abdy.