Spielberg’s Dreakworks signs 7-year deal with Universal Studios
October 14th, 2008 by Scott Marks
Be sure to check out the anti-Spielberg video at the end of this post. I guarantee satisfaction.
The NBC peacock will soon be to contracting a foliar disease. After Paramount’s Bronson Gate hit Steve Spielberg squarely on his backside, it didn’t take a genius to predict where DreamWorks pictures would make its next home.
Nikkie FInke reports NBC/Universal signed an exclusive 7 year deal to distribute up to six DreamWorks movies a year domestically and overseas, except for India, executives for both companies said Monday. In an alliance with Reliance Big Entertainment of India, DreamWorks has lined up $1.5 billion to finance its future film slate. Reliance is handling distribution of DreamWorks films in India.
Stacey Snider, former chairwoman of Universal Pictures, remains DreamWorks chief executive officer, a position she’s held since 2006.
Why didn’t SKG simply sign on with Universal when it began in 1994? Surely Universal should have snatched it up when DreamWorks went on the auction block in 2006. After Hitchcock died (perhaps even before), Steve lived on as the studio’s star directorial attraction. When Universal discovered Steve back in 1968, he became the youngest director ever to be signed to a long-term deal with a major Hollywood studio. Spielberg’s production company Amblin has called Universal home since 1981.
The “G” in SKG negotiated the deal but is not joining the new incarnation of DreamWorks.
Here’s the official news release:
WARNING: SLOPPY ASS KISSING AHEAD!
Continue reading Spielberg’s Dreakworks signs 7-year deal with Universal Studios
Tags: bollywood, damon packard, david geffen, DreamWorks, dreamworks skg, dreamworks universal, india, jeffrey katzenberg, Paramount Pictures, reflections of evil, Reliance Big Entertainment, stacey snider, Steven Spielberg, StevenSpielberg, Universal Studios, universal studios tour, Video