Toby and Mike's Shakespearean Drama

Zaslav chooses between two old colleagues, but what does it all mean?

NINETIES GUYS New Line execs (from left, front) Bob Shaye and Mike De Luca; (from left, behind) Josh Ravetch, Toby Emmerich and Mike Shelton, in simpler times. (Rick Meyer/Los Angeles Times via Getty Images)

The firmaments are trembling beneath our feet as the leadership of most of our studios is in play, potentially in play, or soon will be in play. (Or for very strange reasons, isn't in play.)

Today the Zasquake continued to shake up Warners — each new move bringing more questions than answers — with the departure from the helm of one Toby Emmerich and the ascension of Michael De Luca (and his new co-head, Pamela Abdy, also from MGM).

Many angles to consider here, and at the center of it the question of What This Company Will Be? remains as elusive as ever. 

But before we get into that we need to pause and reflect on the Shakespearean nature of this move, as the