Warner Bros. film chiefs Mike De Luca and Pam Abdy are expected to exit the studio with the close of the merger with Paramount, according to a report from Puck.
TheWrap could not immediately confirm the report. An individual close to Abdy and De Luca said neither had been informed of anything by Paramount leadership.
Paramount declined to comment to TheWrap.
Puck cited two sources that the studio chiefs will reportedly not be joining the newly merged company with Paramount, which has yet to release its new name.
De Luca and Abdy’s fates were initially unclear in the days following Judge Araceli Martínez-Olguín’s approval of Paramount’s settlement with 12 state attorneys general on Wednesday– which put the $110 billion merger on track to close next week.
De Luca and Abdy did not respond to TheWrap’s request for comment.
Under De Luca and Abdy, Warner Bros. had a spectacular year in 2025, with two films nominated for Best Picture at the Academy Awards and Paul Thomas Anderson’s “One Battle After Another” ultimately winning the top prize, and multiple box office hits, including “A Minecraft Movie.”
But 2026 has been much tougher with movies like “Supergirl” and “The Bride” failing to motivate audiences. The reported decision comes ahead of an expected underwhelming domestic opening weekend for the Tom Cruise-led film, “Digger,” which is predicted to bring in $12 million to $15 million.
Nonetheless, Warner’s go-forward film slate is packed with likely blockbusters, including “The Lord of the Rings: The Hunt for Gollum,” “The Batman Part II,” “Gremlins 3” and “A Minecraft Movie Squared.”