Entertainment

Hollywood Warns Against Cutting Development Funds

Updated 2026-05-30 23:20 UTC 1 source Negative

Warner Bros. Pictures chief Michael De Luca warned that cutting development funds for original material could dry up the studio’s pipeline of new talent and fresh voices, emphasizing the importance of supporting emerging creators.

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Variety

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 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 th

2026-05-30 23:04 UTC