It's been over a decade since DreamWorks came to life and after many years of success, it's still trying to find or finalize it's home.
Variety's Anne Thompson has an update on the relationship between Paramount and DreamWorks.
As a constricting entertainment industry copes with the aftermath of one strike, the threat of another and a rocky economy, all eyes are on Warners and DreamWorks.
Soon, Steven Spielberg and David Geffen will make up their minds about the future of DreamWorks, and Warners execs Alan Horn and Jeff Robinov will decide the shape and size of their specialty divisions. The fate of hundreds of employees rides on the decisions of these players.
As Spielberg puts the finishing touches on "Indiana Jones and the Kingdom of the Crystal Skull" before its Cannes launch, he and Geffen face some tough choices regarding the company they founded in 1994. If Geffen opts to leave DreamWorks before the end of the year, Spielberg can also leave before the termination of his contract in 2010. If he goes, so can co-chairman Stacey Snider.
While unofficial meetings and talks have been taking place between the DreamWorks principals and Universal Pictures, where Spielberg has long kept his offices, no real negotiations have yet begun. They will be triggered the moment attorney Skip Brittenham telephones Universal chief Ron Meyer or other studio heads on DreamWorks' behalf.
Read the full article here.
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