Dreamworks and Universal end talks of distribution

In what seems to be an ongoing breakdown of relations between movie producing companies Universal Studios and Dreamworks SKG, talks have ended regarding the distribution rights for Dreamworks films by Universal.
Seibertron.com previously reported on the distribution agreements with both Universal and Reliance films looking to retain Dreamworks here.. But as this most recent report shows, the original deal thought to be made between Universal Studios and Dreamworks was never finalized and Reliance films apparently did not have the financial backing sought by Dreamworks owner, Steven Speilberg.
In a recent article posted at Reuters.com it is reported that Universal had "broken off" weeks of distribution discussion when Spielberg's company "demanded material changes to previously agreed upon terms."
Dreamworks is reported to be in talks with Walt Disney Studios in search of a distribution deal, according to a insider.
What this could mean for future film releases such as the Transformers sequels remains to be seen. Walt Disney Studios has featured much success in the movie distribution field showing its ability with multiple cartoon feature releases such as Aladdin and Atlantis: The Lost City.
To read the source article on this, just click here.
Seibertron.com previously reported on the distribution agreements with both Universal and Reliance films looking to retain Dreamworks here.. But as this most recent report shows, the original deal thought to be made between Universal Studios and Dreamworks was never finalized and Reliance films apparently did not have the financial backing sought by Dreamworks owner, Steven Speilberg.
In a recent article posted at Reuters.com it is reported that Universal had "broken off" weeks of distribution discussion when Spielberg's company "demanded material changes to previously agreed upon terms."
Dreamworks is reported to be in talks with Walt Disney Studios in search of a distribution deal, according to a insider.
What this could mean for future film releases such as the Transformers sequels remains to be seen. Walt Disney Studios has featured much success in the movie distribution field showing its ability with multiple cartoon feature releases such as Aladdin and Atlantis: The Lost City.
To read the source article on this, just click here.