Dreamworks is taking on the “Plenty of Fish in the Sea” approach to finding a mate to distribute their films. Originally ditching Paramount for Universal, now just months after its deal seemed done Dreamworks is rumoured to be negotiating with Disney instead!
The talks came as Universal, a unit of General Electric Co.’s NBC Universal, said in a statement it ended negotiations with DreamWorks on a distribution deal the two announced in October, saying Spielberg’s company has “demanded material changes to previously agreed upon terms.”
“It is clear that DreamWorks’ needs and Universal’s business interests are no longer in alignment,” Universal said.
DreamWorks SKG had agreed to the deal with Universal after the production house parted ways with Viacom Inc. subsidiary Paramount Pictures, which previously distributed DreamWorks’ films.
Not entirely sure how this is breaking down, but it looks like Universal just isn’t the match that Spielberg thought it would be and he is apparently pulling out.
But would Disney really want to distribute films by the studio that has been the only real competition to their animated releases lately? I guess it’s all about money, and Disney would get a cut. So why not?
I can just imagine how this would affect his realestate angle since his office is on the Universal Lot. Plenty of awkward pauses at the parking lot.
