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Disney Dreams Where Sane Multinationals Do Not Dare
The Hot Blog —
... that DreamWorks is not landing at Universal, but at Disney as its new home for distribution. And soon thereafter, Nikki Finke, who is dancing like a mad krumper to claim it’s her breaking story, did her best service to us by giving us Ron Meyer’s angry, albeit one-sided, version of what happened. ...
Spielberg's DreamWorks is in Trouble, May Partner with Disney?!
FirstShowing.net —
... This news comes from the always reliable industry insider Nikki Finke of Deadline Hollywood. Apparently due to the recession, DreamWorks didn't get all the initial funding they needed, and thus have tried to scramble to renegotiate their distribution deal with Universal to get things up to speed. Universal didn't like those changes and decided to cut it off before it got any worse. So when that happened, DreamWorks started talking with Disney instead. Disney, which had been an original suitor for a distribution deal, would provide P&A funds, pay-cable slots and possible ...
DreamWorks to Marry Disney? Today in Film Bloggery 02/06/09
SpoutBlog —
... Nikki Finke, who continues to bring updates on this news, hears the deal with Disney is done and will be officially announced Monday. In addition to having all the details on how and why the love triangle exploded, Finke shares this interesting exchange: “I’ve also learned that, today, [DreamWorks' Stacey] Snider phoned Universal Studios prez/COO Ron Meyer to apologize. ‘We had to do this. Our backs were against the wall. We couldn’t tell anyone about our discussions with Disney.’ To which Meyer replied, ‘What you did was wrong on every level. ...
How Is The Economy Affecting Movie Studios?
Screen Rant —
... deal. Basically, they have a deal with Universal Studios (Steven Spielberg’s former studio) to release their new movies (after DreamWorks left Paramount), and a deal with Bollywood to match or even exceed any money DreamWorks raises. When they asked for more money from Universal, the studio balked and DreamWorks went to Disney. It’s apparently a done deal, and Universal is out of the picture. If it sounds convoluted, it really is (at least to me). I suggest you read Nikki Finke’s take on it. A lot of DreamWorks’ financial problems ...
Spielberg and Disney make an odd couple.
FilmChat —
... story today is that DreamWorks -- the studio co-founded by Steven Spielberg, Jeffrey Katzenberg and David Geffen back in 1994 -- will probably finalize a distribution deal with Disney in the next few days, rather than with Universal, as everyone had expected. ...
Universal and DreamWorks: Dunzo
Get The Big Picture —
... Those terms were not about parking spaces or office supplies.
DreamWorks apparently wanted Universal to kick in an extra $100 million immediately and another $150 million down the road. To make matters worse, Universal, which apparently didn't even want to invest the first $100 million, discovered that DreamWorks was also negotiating the same deal with Disney, as a way to cover its bases. ...
What Just Happened: Dreamworks Cheats on Universal with Disney
Film School Rejects —
... According to the delightful and talented Nikki Finke, she’s had the skinny on talks between Dreamworks and well-known home-wrecker Disney for a few months, but there was little story to tell until she received word that an announcement was due soon. All of the sudden, bam, it’s news. So she calls Universal to get some statements, and gets a response of, “Dreamworks is doing what now?” ...
Did Disney/Spielberg Just Snub Universal?
TheBadandUgly.com —
... in Dubai (where all the money went, if you’re wondering). When it got down to it, the estimated number is around $250 million, of which Universal was only providing $100 million, and they already weren’t feeling too good about that. So, when Spielberg knocked on Universal’s door asking for another $150 million in seed money (again, these numbers are guesses, though probably close), the deal became suspect and secret talks with Disney resumed.
Nikki from DHD has another possible link:
But there’s also another side ...
