Michael De Luca and Pam Abdy Have Exited From Amazon As AGM Starts (Exclusive)

Michael De Luca and Pam Abdy Have Exited From Amazon As AGM Starts (Exclusive) ...

The Amazon agreement for MGM has just seen its first significant executive departures.

According to sources, Pam Abdy, the head of MGM's motion picture group, has resigned.

In a memo to employees, the pair said, We will depart our roles this summer. We are confident that the exciting vision Prime Video and Amazon Studios has for MGM, and the organization Mike Hopkins is building together with Jennifer Salke and its team, will ensure MGM's continued success.

The move comes over a month after Amazon decided to acquire the historic movie studio and is in some ways anticipating it, with many observers wondering how the movie company would interact with the new owners.

In a separate letter to employees pledging their support, Hopkins noted that Amazon was developing large plans for its new jewel, which would not only invest in filmmaking, but also have theatrical release as a key part of the strategy, giving insight perhaps for the first time into the larger scheme.

In a separate letter to the staff, surturing MGM's quality storytelling heritage is a top priority. MGM has indeed become a home for great storytellers. In the near future, we will invest and work together to create an even larger theatrical slate. This requires a skilled team, and the more we get to know you all, the more impressed we are.

De Luca, a long-time executive and producer, landed the role of director of MGM in 2020, following the COVID-19 epidemic, which forced Hollywood, as well as the rest of the country, to shut down. Amazon initially made the purchase in May 2021, before the deal came to an end in March.

The studio became a part of Prime Video and Amazon Studios led by senior vp Mike Hopkins. MGM's COO Christopher Brearton, worldwide television group chairman Mark Burnett, and De Luca were all expected to join his team. However, in the feature space, questions remained whether or not MGM might be a separate division or integrated into a larger ensemble.

De Luca's job included constructing and releasing the Oscar-nominated House of Gucci and Dog, as well as the surprise Channing Tatum smash, Dog. He opened up the purse strings to stack the studio's cupboard with enviable and starry projects, such as the Project Hail Mary, funded by Ryan Gosling and Andy Weir.

The executive summary from Amazon's Hopkins is below:

Good morning! Team, excellent results

Mike and Pam have decided to leave MGM to pursue the next chapter of their careers. I know you'll join me in congratulating them for their leadership, working with each other to make compelling storytelling accessible to worldwide audiences. We wish them both the greatest success.

As we enter the theater in March, promoting MGM's exceptional quality storytelling is a top goal. MGM has indeed become a home for great storytellers. In the near future, this property will only expand, as we invest and work together to make an even bigger theatrical slate. Once we do this, the more we gain to know you all, the more thrilled we become.

Mike and Pam will leave this summer, which will enable us to continue our initial and quantitative approach to integration with Prime Video and Amazon Studios. During the same time, the current interim structure remains in place.

Thank you for your commitment and commitment to produce exceptional films and television for a wide spectrum of audiences.

Mike

The notes from De Luca and Abdy are provided a list of things to keep an eye on:

Dear Colleagues,A little over two years ago we arrived at MGM to restore its vibrancy among the storied studios of the last century, and we are proud to say that thanks to all of you and your efforts, it is mission accomplished. Now is the time for us to move on and explore our next chapter and challenge. We are confident that the exciting vision Prime Video and Amazon Studios has for MGM and the organization Mike Hopkins is building together with Jennifer Salke and team will guarantee MGM's continued success.

We were given the opportunity to revitalize and quickly grow the film slate of MGM by creating a home for the world's best storytellers to film for international audiences shortly after our arrival. We could not have imagined that shortly after our arrival the world would be affected by a pandemic that basically shut down our industry, nor could we have predicted the various immediate and long-term challenges that the pandemic would pose.

With the assistance of every member of MGM's production team, we scouted a deep bench of actors, including Ridley Scott, Paul Thomas Anderson, Joe Wright, Channing Tatum, and Reid Carolin, Ron Howard, George Miller, Billy Porter, Sarah Polley, Chinonye Chukwu, Cory Finley, Zach Braff, and others, with the aim of creating a wide range of films that would appeal to any type of audience. Orion Pictures, which was re

Our honor and privilege to lead a revitalized studio that, together with our partners at Eon, provided the proper release date for Daniel Craig's final film appearance as James Bond, and seeing the studio become one of the highest grossing films of 2021; while also seeing Licorice Pizza earn eight Academy Award and seventeen BAFTA-nominations; nomination in the past thirty years.

All of you, as well as our UAR and Universal colleagues, have made all of this possible, and we are so thankful to have been part of such an incredible team. We are also thankful to Kevin Ulrich and all of Anchorage Capital, along with Chris Brearton, for bringing us in and wishing all of our employees nothing but the best possible success.

Pam Abdy and Mickael De Luca have been sincere.

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