Bloomberg Talks

Pamela Abdy & Michael De Luca Talk Warner Brothers at Bloomberg Screentime

Oct 9, 2025
Michael De Luca and Pamela Abdy, co-CEOs of Warner Bros. Motion Picture Group, dive into the secrets behind box office hits like 'A Minecraft Movie' and 'Sinners.' They discuss the studio's strategy for increasing film output while managing rising production costs. The duo emphasizes the importance of diverse storytelling and the right creative talent in video-game adaptations. They also share plans for a 'Minecraft' sequel in 2027, their dedication to theatrical releases, and the cultural significance of cinema in today's world.
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INSIGHT

More Films Would Lift Box Office

  • Warner Bros increased output significantly, reaching pre-pandemic box office with far fewer films.
  • Fewer releases (about 25% less) partly explain industry-wide box office declines rather than a lack of audience.
ADVICE

Match Budget To Story And Filmmaker

  • Tailor budgets to each film by considering story, genre, audience, and filmmaker vision.
  • Balance the slate with different-sized movies rather than applying one-size budgeting.
ANECDOTE

Backing PTA With a Big Swing

  • Warner backed Paul Thomas Anderson's high-budget film because the script 'read like a masterpiece' and Leo's involvement improved commercial comps.
  • The studio leans into bold auteur swings when the material and talent justify aiming for the high case.
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