May 30, 2026 4:04pm PT
Michael De Luca Warns About the Danger of Hollywood Cutting Development Funds for Original Material: ‘If You Cut Too Deep Your Pipeline Dries Up’
Warner Bros. Pictures co-chair and CEO tells Produced By conference that 'IP is talent' and compares today's YouTube-bred filmmakers to the 1980s indie boom driven fueled by home video
Warner Bros. Pictures chief Michael De Luca offered a master class in being a studio executive during his session Saturday at the Produced By conference hosted by the Producers Guild of America.
“The North Star [is] the relentless pursuit of new talent and fresh voices, and a way to refresh the pipeline, because if you don’t look for new voices and new talent, and you rely on what’s worked before, innovation dies within your organization,” De Luca said during a Q&A with producer Sara Murphy. “If you cut it too deep, your pipeline dries up and you don’t have enough movies.”
Source: variety.com