Wednesday, 2 September 2015

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Today's heavyweight entertainment websites have been reporting that Steven Spielberg's Dreamworks could end up anywhere but Disney in a year's time when their deal ends.  Some sites state that Universal Studios are the frontrunner to team up in a new deal.  However let's not forget Warner Bros. in which Spielberg has any upcoming project association with.  If Ready Player One becomes a hit, don't be surprised to see Spielberg taking his talents to the movie studio in which he had collaboration with in the 70's and 80's.

Deadline tell us:

While there is still one more year on DreamWorks’ pact with The Walt Disney Co., the live-action company overseen by director Steven Spielberg could end up at any studio in town at the moment. “There have been no negotiations, no proposals between DreamWorks or Steven and Universal,” said one source with knowledge of the situation. Said another, DreamWorks could end up at Paramount, Fox, Universal or even Warner Bros. where the director is moving forward on the film Ready Player One.

“It’s a year away. He’ll go to whomever can give him the best deal,” said one source who knows Spielberg. “It’s so pre-mature right now to say where he’s going to end up. He’ll be talking to everyone. I think for sentimental reasons, people would like to see him to go back to Universal because that’s where he started, but he gets a huge piece of the gross and a lot of money. He cares about the money and distribution like any good businessman. He’ll kick every tire in town before he decides.” Spielberg’s deal is a lucrative one as he gets a hefy piece of the gross and demands a lot of money.

The box office track record has been mixed at best for DreamWorks under Disney spanning 11 releases which have made $1.5 billion at the global box office, a bulk of which had financial participation by India’s Reliance Entertainment. That amount is far cry from the $4.5B DreamWorks minted at Paramount across 29 titles released between 2005 and 2010, the biggest titles of which were Transformers: The Revenge of the Fallen ($836.3M worldwide B.O.) and Transformers ($709.7M).


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