Steven Spielberg and DreamWorks SKG have been in negotiations to move to Universal Pictures as part of a new marketing and distribution deal for the studio, and Spielberg and company also were seeking additional backing to go with current financial partners Reliance Entertainment; Participant Media; and presumably, as part of the new tie-up, NBCUniversal. Now come reports this evening that the new backer could be Entertainment One, the acquisition, production and distribution outfit. Stay tuned. DreamWorks’ distribution deal with Disney expires in August 2016, with the Spielberg-directed The BFG his last film in that pact. THR broke the news. eOne traditionally takes territorial rights, and presumably would want for its coin to be able to release DreamWorks-generated product in Canada, UK, Australia, Benelux and Spain. Part of this speculative soup is the question of whether Spielberg continues to call this DreamWorks or goes back to Amblin or chooses a new name, since this is essentially adding up to be a new venture. Neither DreamWorks nor eOne would comment.
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