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  • Disney & DreamWorks seal the deal

    By | February 9, 2009

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    Since my previous post on the subject, Disney and DreamWorks have inked an exclusive long term distribution deal. “Under the terms of this arrangement, Disney will handle distribution and marketing for approximately six DreamWorks films each year,” the studios said in a joint release. “The first DreamWorks motion picture to be released under the Touchstone Pictures banner is scheduled to hit theaters in 2010.”

    A previous deal reached with Universal this past fall (2008) fell apart last week when the studio caught wind that DreamWorks was talking to Disney. DRAMA!

    DreamWorks co-founder and director Steven Spielberg referred to Disney as “the birthplace of imagination.” While DreamWorks Chief Stacey Snider said “Disney represents the highest standard of quality in our industry”

    “We’re both thrilled and honored to be marketing and distributing all of DreamWorks’ signature upcoming live-action motion pictures, and to begin a new relationship with such respected colleagues as Steven, Stacey and their creative team at DreamWorks.” “Steven has made some of the biggest and most loved films of all-time, and continues to be one of the great icons of our industry. Stacey has an impeccable reputation and a phenomenal track record for making a wide variety of quality films.” said Walt Disney Studios chairman Dick Cook. While Disney CEO Robert Iger hailed Spielberg’s “artistic vision and commitment to quality filmmaking.”

    Pissing contest between Universal & Disney is sure to follow.

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