DreamWorks and Disney agree to distribution deal  

Posted by: shilpz in , , , , , ,

LOS ANGELES: DreamWorks SKG has a new home, again.

DreamWorks and Walt Disney Studios said Monday that they had reached an agreement under which Disney will distribute approximately six films a year for the boutique studio, which is owned by Steven Spielberg and his partner, Stacey Snider.

The agreement came after a four-month-old distribution deal between DreamWorks and Universal Pictures fell apart last week. That deal had followed the departure of DreamWorks' principals from Paramount Pictures last year, amid disputes about the division of authority and the assignment of credit for DreamWorks films.

Monday's announcement called the Disney deal an "exclusive, long-term distribution arrangement," but provided few details. The first DreamWorks film will be distributed by Disney's Touchstone Pictures label in 2010, the companies said.

In announcing the deal, Robert Iger, chief executive of the Walt Disney Company, said: "We are tremendously pleased to join forces with Steven Spielberg, whose artistic vision and commitment to quality filmmaking are legendary."

This entry was posted on Tuesday, February 10, 2009 and is filed under , , , , , , . You can leave a response and follow any responses to this entry through the Subscribe to: Post Comments (Atom) .


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