Less than a week after announcing his plans to step down, Turner Broadcasting executive Michael Wright has lined up his next job.
Michael Wright, who is currently serving as the President and Head of Programming for TNT, TBS and TCM, is joining Steven Spielberg’s DreamWorks Studios as Chief Executive Officer. He will assume the position, vacated by Stacey Snider, on January 3rd and will report directly to Spielberg. In the interim, he is expected to remain on at Turner until the company appoints his replacement.
As CEO, Wright will have responsibility for all creative aspects at the studio, with a focus on the feature film side of the business. He will, however, have absolutely no involvement in Spielberg’s Amblin TV, which has numerous series currently on-air including Falling Skies, Under The Dome and more recently the Halle Berry starrer Extant.
The strong relationship between Spielberg and Wright, which developed over years where the two worked side-by-side on such projects as Falling Skies and the upcoming Public Morals, is understood to have been a key factor in the TNT exec’s decision to take the top job at DreamWorks. Still the move is surprising as Wright, though well respected in television circles, has next to no background in feature films.
“I have had the pleasure of working alongside Michael for many years and have come to know him as a talented executive whose creative vision, leadership, and passion are a perfect fit for our company”, said Steven Spielberg. “He has a keen understanding of storytelling and how to deliver those stories in every shape and size, regardless of platform. I am delighted to welcome him to DreamWorks Studios.”
With Michael Wright having lined up his next executive position in the industry, all eyes now turn back to Turner and finding a replacement for both Wright and his former boss Steve Koonin. It’s still pretty wide open, but some of the names floating of late have included Gail Berman, former Fox Entertainment Chairman Kevin Reilly and former Syfy exec Mark Stern.