Earlier this year Paramount and Spielberg ended their distribution deal because High Lord Spielberg was not happy with their arrangement. A new deal was not established and now Stevey is leaving the playground and taking his toys with him.
Univsersal Studios has offered him a home and Steven is very happy with the move.
Under the seven-year deal, Universal will distribute up to six DreamWorks movies a year domestically and overseas, except for India, executives for both companies said Monday.
“Universal has always been my home base so this agreement starts a new chapter in what has been a long and successful association,” Spielberg said in a news release. “While it feels great to come home again, it feels like I never left.”
This seems like a logical move. Its comfortable for Spielberg to work with Universal, and Universal Studios attractions are littered with Spielberg’s properties that were retained after Paramount took over distribution.
Its like divorced parents getting back together. Something we don’t often see in Hollywood – unless its the plot of a Disney film.
