Tag Archives: Dreamworks

Another Project for Spielberg

via Empireonline.com’s Glen Ferris
Imagine a cross between ET: The Extra Terrestrial and Robert De Niro’s Hide And Seek and you’ve pretty much got a grasp on the latest project to grab Steven Spielberg’s attention.

According to The Hollywood Reporter, The Beard is planning to adapt Chocky, based on the novel by Brit writer John Wyndham and the beloved 80’s TV show, through the newly independent Dreamworks.
The tale of a father who becomes concerned that his son’s imaginary friend is becoming something of a problem and his subsequent discovery that said invisible buddy is actually a benign visitor from another world sounds like prime material for Spielberg.

The word is that Spielberg is keen to direct the kiddies’ novel but first he has to get Tintin and his Liam Neeson-starring Lincoln biopic in the bag. We will, of course, bring you all the latest developments as they unfold.

Spielberg released from Dreamworks

Paramount officially released Steven Spielberg and other DreamWorks executives from their contracts on Friday even as reports circulated that the studio had offered to finance Spielberg’s Tintin, a movie that Universal had deemed too costly to produce and distribute. Commented Daily Variety: “The move served as a reminder to the departing Spielberg that the new DreamWorks will still be dependent on studio largesse when it comes to financing big-budget tentpoles.” On Friday DreamWorks also announced that it had finalized a deal reportedly worth $500 million with India’s Reliance in order to restart as an independent studio again. (According to reports, it will continue to be called DreamWorks.) It reportedly plans to borrow an additional $700 million.

Spielberg’s DreamWorks Seeking New Backing?

Steven Spielberg's DreamWorks SKG

Late last month, DreamWorks, the boutique movie studio that Mr. Spielberg co-founded in 1994, let it be known that it had found a way to exit its unhappy three-year marriage with Paramount Pictures. Reliance ADA Group, a Mumbai conglomerate, was nearing a deal to give the dream workers $550 million to form a new movie company.

That Mr. Spielberg and his business partner David Geffen had found an investor wasn’t surprising. Mr. Spielberg is a superstar. DreamWorks had made it clear for months — via public comments and private grousing fed into the Hollywood grapevine — that they hated being part of Paramount and were going elsewhere as soon as it was contractually allowed.

But there was still an element of shock: Hollywood could not come up with a rich enough deal for Mr. Spielberg, the most bankable director in the business and a “national treasure”? His last movie alone, “Indiana Jones and the Kingdom of the Crystal Skull,” has sold $743 million in tickets and is still playing in theaters around the world.

For that matter, there wasn’t anybody on Wall Street willing to write a blank check for the guy with “Jaws” and “Jurassic Park” on his résumé?

Read the full story on The New York Times site.

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