DREAMWORKS - SPIELBERG WANTS TO TAKE BACK DREAMWORKS

Stephen Spielberg is planning to make DreamWorks a separate, independent film company again -- and is trying to raise more than $1 billion in financing to do so, the Hollywood Reporter reported today (Tuesday), citing no sources. Spielberg, who reportedly plans to terminate his personal contract with Paramount at the end of the year, has made no decision yet on who would distribute DreamWorks' movies, but, according to the trade paper, he is leaning toward Universal, although he might use a potential dist ribution deal as leverage in his negotiations with Paramount, which acquired DreamWorks in 2006. The Reporter also indicated that Disney and Fox may also propose deals to distribute DreamWorks' product.

10/06/2008