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DreamWorks Splitting From Paramount?
By: Jarrod SarafinDate: Wednesday, June 18, 2008
Source: Wall Street Journal
After months of speculation, it looks like Spielberg's brainchild DreamWorks is near splitting off from Viacom's Paramount Pictures. In a report from the Wall Street Journal, the latest news indicates that Steven and company may be close to a deal with Reliance ADA Group, India's biggest entertainment conglomerate. The move would provide Mr. Spielberg and company with $500 million to $600 million in equity, enough cash to split off with Paramount later this year.
The new company would be led by DreamWorks CEO Stacey Snider and with Reliance having a large stake in it, they could produce about six movies a year.
As to future outlook of the current merger between Paramount & DreamWorks, here's the movies they're co-producing at the moment. (Release Dates included)
2008 Releases:
August 15, 2008
Tropic Thunder
September 19, 2008
Ghost Town
September 26, 2008
Eagle Eye
November 7, 2008
Madagascar 2: Escape 2 Africa
2009 Releases:
January 16, 2009
I Love You Man
January 23, 2009
Hotel for Dogs
March 13, 2009
The Lovely Bones
March 27, 2009
Monsters and Aliens
June 26, 2009
Transformers 2: Revenge of the Fallen
2010 Releases:
March 26, 2010
How to Train Your Dragon
May 21, 2010
Shrek Goes Fourth
November 15, 2010
Master Mind
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