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DreamWorks and Paramount make breakup official, hands out tissues

Filed under: Industry , Blu-ray And to think, most of you probably had no idea that these two were even having issues. After Paramount 's parent company, Viacom Inc., acquired DreamWorks in 2006 for $1.6 billion, things were never exactly pleasant. Now, the two have finally hammered out a deal that will enable them to part ways and retain "joint custody," if you will, of around 40 movie projects....

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EXCLUSIVE: DreamWorks May Stay Put With Universal -- re: Distribution

Though no declarations have been made, an inside source at DreamWorks tells FBLA that the company is likely to stay put with Universal for its distribution deal . "We're actually on the Universal lot in the old Amblin studio space," the source said. "It's just easier to maintain with Universal. Paramount will still have its cut on a number of DreamWorks projects, but though nothing is set in stone,...

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DreamWorks Delays Plan for Loan Pitch, Report Says

The team behind the new DreamWorks film studio is putting plans to pitch Wall Street a loan package on ice for about a month, in order to give the markets a little more time to stabilize, according to The Hollywood Reporter. Earlier this week, movie executives Steven Spielberg, David Geffen and Stacey Snider announced that [...]

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DreamWorks delays its loan pitch

Representatives of the new DreamWorks film studio will delay pitching Wall Street on a bank loan pa 2 Vote(s)

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DreamWorks Will Get Smaller

DreamWorks will downsize its 150-person staff by about 15% as the company gets going with its Indian cash, says Deadline Hollywood Daily . The Reliance deal will inject some $500 million into DreamWorks coffers with an additional half bil being raised on Wall Street, though that may not be so definite these days with the current state of the economy. As noted last week on FBLA, President of Production...

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DreamWorks Will Be Downsizing 15%

DreamWorks has started making its post-Paamount moves regarding executives, staff and producers. Here's what I can tell you so far: Adam Goodman will be staying at Paramount as president of production (but not to replace Brad Weston , as I've already reported), with one or two executives following him. Holly Bario and Mark Sourian will end up [...]

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Our Blog Network: 10.10.08

FishbowlLA Exclusive: DreamWorks May Stay Put With Universal FishbowlNY: The Onion Remembers a Time When Newspapers Weren't Struggling FishbowlDC: Pew Survey: Press Is Too Hard On Palin TVNewser: ABC Wins Tuesday Despite Weaker Lead-In PRNewser: Gary Vaynerchuk: "PR As We Know It Is Dead" GalleyCat Exclusive: Will Americans Read Jean-Marie Gustave Le Clezio? UnBeige: James Dyson Pulls the Plug on...

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Films up in the air after studios split

Film News: Peter Jackson's 'Lovely Bones' changes hands -- "Up in the Air" is one of the lucky ones. Nurtured and greenlit by DreamWorks, it will now get made and released as a bonafide Paramount picture. Countless others involved with some 200 projects developed by DreamWorks are sitting on tenterhooks as they await news.

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'Tropic Thunder' Director's Cut Rumbles Onto Blu-ray

DreamWorks has some big Blu-ray news for you - Ben Stiller's hit comedy 'Tropic Thunder' is rolling into stores this November in a never-before-seen unrated director's cut version. Co-starring Jack Black,...

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Hollywood A-list Get Animated in 'Madagascar 2'

Oct. 10 - Your favorite animated animals are back in DreamWorks "Madagascar: Escape 2 Africa." Chris Rock, Jada Pinkett-Smith, Sacha Baron Cohen and David Schwimmer lend their voices to the film.

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Today in Foregone Conclusions: "Sources" ... [Newlyweds]

Today in Foregone Conclusions: "Sources" are telling Sharon Waxman that DreamWorks has "all-but-officially closed" a distribution deal with Universal; an announcement could be forthcoming in days,...

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Spielberg Finalizes Split From Paramount: Is It a Positive for the Two Companies?

Julia Boorstin submits: Spielberg and his DreamWorks (DWA) SKG chief Stacey Snider finalized their split from Paramount Pictures, Viacom's (VIA) movie studio, on Sunday, figuring out how to handle the dozens of projects the two companies have under development. Spielberg and Snider are expected to take most of their current 140 DreamWorks employees with them to their new venture financed with $1.3...

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Dreamworks and Paramount Pictures are Dunzo

The decision makers behind DreamWorks and Paramount Pictures sealed their parting of ways on Sunday 2 Vote(s)

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DreamWorks seals Paramount split to allow Indian investment

Los Angeles - Steven Spielberg's Dreamworks Studio announced the details of its split from Paramount Pictures Monday, an amicable divorce that allows the most successful US director to start a new studio with 1.5 billion dollars in funding from India...

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Dreamworks - Dreamworks To Paramount Until We Meet Again

DreamWorks and Paramount on Sunday announced that they had reached an amicable divorce settlement under which DreamWorks co-founder Steven Spielberg and CEO Stacey Snider ...