Paramount Signs Ousting DC Chief Walter Hamada Over Horror Projects Despite Ex-Chief Who Ruined DCEU With Racism Accusations

Walter Hamada, the former chairman of DC, recently signed with Paramount just weeks after parting ways with Warner Bros. Discovery. Hamada was in charge of DC movies where he did groundbreaking work on movies like Joker (2019), The Suicide Squad (2021), and The Batman (2022). Hamada had been with DC since 2018 and was supposed to renew his contract in early January which would have lasted until 2023.

However, Hamada’s new signing with Paramount defines his position in the company as leading Paramount’s mainstream horror genre. The executive producer’s contract should start on January 1, 2023.

Also Read: ‘No Wonder He Wanted To’: Walter Hamada Reportedly Wanted to Adapt Crisis On Infinite Earths Storyline to Advance DCEU Before David Zaslav Becomes CEO of WB Discovery

Walter Hamada steps down as DC president

After a long tenure of many blockbuster movies, Walter Hamada has finally stepped down as DC’s president. The In producer was upset when the decision to cancel the bat girl project was not consulted with him. Hamada considered resigning immediately, but decided to delay action until the release of Black Adam. However, he quit on October 19, 2022, two days before the film was released.

Also Read: ‘He Was Upset Because He Wasn’t Consulted’: Walter Hamada Reportedly Quits WB After David Zaslav’s Aggressive Strategic Change, Sparks Hopes of Snyderverse Restoration

Walter Hamada was part of a controversy when Ray Fisher accused him of undermining an investigation into alleged misconduct during Joss Whedon’s revivals of Justice League.

Will you remember that time, Walter Hamada and @wbpictures tried to destroy the credibility of a black person, and to publicly delegitimize a very serious investigation, with lies in the press?

But hey, Black Superman…

A>E

— Ray Fisher (@ray8fisher) February 27, 2021

The actor was even seen celebrating Hamada’s exit from DC, his exact words being,

“Walter Hamada tried to protect his toxic and discriminatory colleagues. He failed. He tried to bury me (and the Justice League investigation) with lies in the trades. He failed. He is a product of old Hollywood cronyism. May we never know his like again. Ahead!”

After David Zaslav took over the newly merged Warner Bros. Discovery, Hamada will be the fifth Warner Bros. film studio executive to leave, preceded by the chairman of Warner Bros. Motion Picture Group, Toby Emmerich, President of Production and Development Courtenay Valenti, Chief Operating Officer of Motion Picture Group. Carolyn Blackwood and Animation Group Executive Vice President Allison Abbate.

Walter Hamada signs with Paramount, overseeing the studio’s horror genre

Starting in January, Walter Hamada would be in charge of Paramount Pictures’ mainstream horror genre. Low- and mid-budget films, whether released theatrically or via streaming, will be overseen by Hamada in the coming years.

Also Read: ‘Years of Repression for This Jabroni?’: The Rock Went Against Walter Hamada to Bring Back Henry Cavill as Superman in Black Adam, Proves Zack Snyder Fans Were Always Right

With the latest version from Paramount Smile proving to be a big hit, Hamada’s expertise in the genre would be beneficial in lending more well-structured thrillers to the studio.

“With his track record of groundbreaking success, Walter is the ideal partner and visionary to grow our mainstream horror genre franchise business,” said Paramount Pictures President and CEO Brian Robbins of his recent partnership with Walter Hamada “As evidenced by Smile’s fantastic performance, there is a huge appetite for original and conceptual storytelling in the global marketplace, and we look forward to a long and successful partnership.”

To express his gratitude to Paramount, Hamada said:

“I am thrilled to partner with Paramount Pictures for the sole purpose of creating exceptional films in the horror genre. Throughout my career, nothing has been more rewarding than discovering emerging filmmakers and writers for the first time and unleash their shine in a studio setting. Thanks to Brian and the entire team at Paramount Pictures for this amazing opportunity, I can’t wait to get started.

Walter Hamada’s promising work can go a long way if used correctly in Paramount Pictures.

Source: Twitter