Posted: Mon., Feb. 9, 2009, 11:12am PT
Disney inks deal with DreamWorks
Company will handle distribution for six films
By Tatiana Siegel
Disney inks deal with DreamWorks - Entertainment News, Film News, Media - VarietyDisney has inked an exclusive long-term distribution arrangement with DreamWorks.
Under the terms of the arrangement, Disney, under the Touchstone banner, will handle distribution and marketing for approximately six DreamWorks films each year. The first DreamWorks pic would bow in 2010.
DreamWorks principals Steven Spielberg and Stacey Snider partnered with Mumbai-based Reliance in the fall to form a new company and immediately inked a distribution deal with Universal. The U deal fell apart Friday after the studio found out that DreamWorks was in negotiations with Disney.
"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," Disney chairman Dick Cook said. "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. Their motion pictures will be the perfect compliment to the already robust slate of Disney and Touchstone films being made by Oren Aviv and his team."