MGM Chiefs Pamela Abdy & Michael De Luca Preach Benefits Of Originality: “Not Everything Has To Be A Franchise” – Zurich Summit

MGM Chiefs Pamela Abdy & Michael De Luca Preach Benefits Of Originality: “Not Everything Has To Be A Franchise” – Zurich Summit
MGM Motion Picture Group’s Pamela Abdy and Michael de Luca, president and chairman respectively, have affirmed their commitment to making original stories as other studios increasingly rely on existing properties.

Acknowledging MGM’s own big IP, such as James Bond and the Creed films being spun out of the Rocky franchise, the pair said they see their primary opportunity in this market as discovering new stories and focusing on theatrical. Their comments came during a panel hosted by CAA’s Roeg Sutherland at this year’s Zurich Summit, held as part of the Zurich Film Festival.

“We thought there was a lane open for the movies Hollywood used to make – bold provocative originals,” commented de Luca. “Not everything has to be a tentpole or a franchise entry.”

“We felt that the legacy studios had left originality in the rear viewer mirror, they had become very risk adverse, making the
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