This comes after Spielberg’s DreamWorks Studios, Participant Media, Reliance Entertainment and Entertainment One united to create film- and TV-focused Amblin Partners in December last year.
Wright was at that time named CEO, having joined DreamWorks Studios in 2014 as chief executive, replacing Stacey Snider.
Before that, he had been head of programming for Turner Broadcasting System’s TBS, TNT and Turner Classic Movies; and also worked as VP, movies and miniseries for CBS Productions and CBS Entertainment.
Following his new deal, Wright will continue to report to Spielberg, who said: “Michael is both an inspiring leader and a creative storyteller. Our partners at Participant Media, Reliance Entertainment, and Entertainment One, as well as our team here at Amblin Partners, join me in recognising what Michael has already accomplished for us. We know his passion for our vision has the wind at our back and we look forward to the years ahead.”
Spielberg co-founded Amblin Partners, which houses Under the Dome producer Amblin Television, are eOne CEO Darren Throop, Participant chairman Jeff Skoll and Reliance Group chair Anil Ambani.