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Spielberg, Paramount Split DreamWorks Projects

Divorce accomplished without years of litigation, projects divvied up

By Peter Fearon, Newser Staff

Posted Oct 6, 2008 2:25 AM CDT

(Newser) – It may be one of the most amicable Hollywood divorces in history. Paramount Pictures and DreamWorks announced a division of 200 movie projects in development as golden-touch producer Steven Spielberg leaves to launch a new company, according to the Hollywood Reporter. The unexpectedly easy split comes in defiance of Hollywood experts who had predicted years of litigation. The two companies will even remain partners on up to 40 projects.

DreamWorks founder David Geffen will not be part of a new company formed by former partner Spielberg, but Spielberg paid tribute to him for "his far reaching vision that has made it possible for me to steer this new course." Geffen's "advice and wisdom have always been right on the money," Spielberg added.

Movie moguls and DreamWorks founders Jeffrey Katzenberg and Steven Spielberg. Paramount and DreamWorks have negotiated an amicable split. (AP Photo/Kevork Djansezian)

Paramount and DreamWorks have negotiated an amicable split. (AP Photo/Francois Mori, file)

Movie and music mogul David Geffen. He won't be part of the new company being formed by Steven Spielberg following Dreamworks' split with Paramount. (AP Photo/Paul Hawthorne-File)

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Spielberg, Paramount Split DreamWorks Projects

Divorce accomplished without years of litigation, projects divvied up

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Spielberg, Paramount Split DreamWorks Projects

Divorce accomplished without years of litigation, projects divvied up

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OTHER STORIES ON OUR RADAR

David Geffen • Viacom • Steven Spielberg • Tintin • Transformers • Paramount Pictures • DreamWorks • Lincoln • The 39 Clues

MOST POPULAR STORIES

[ By Views ]

[ By Comments ]

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Spielberg Strikes Huge Universal Deal

Universal Studios to distribute up to 6 films a year

Suit: Spielberg Copied Hitchcock

Copyright owner says Disturbia rips off Rear Window

DreamWorks Near Bollywood Alliance

Deal would speed Spielberg team's Paramount departure

Why Can't They Just Get Along?

Inside the bitter feud that's breaking up Dreamworks and Paramount

Speilberg & Paramount Head for Divorce

Unhappy DreamWorks director will likely seek new backer

About Us

Site

Newser By Users

Community

Site Maps

Tools

More News

What is Newser?