ANALYSIS: Even though the Robert Wise original musical West Side Story is about as sacred a cow movie as you are going to find, Fox has unlocked that movie title for a remake specifically because Steven Spielberg is interested in making it. No writer has been set yet and Spielberg hasn’t done anything more than register his interest, which traditionally has always been enough to get a studio hot and bothered. Between this project and the Fox/DreamWorks team-up Robopocalypse, the Daniel H. Wilson sci-fi novel that has a Drew Goddard script and which Spielberg has said he will direct even though he stepped away to make Lincoln, it would be easy to see Spielberg directing movies at Fox for the next several years if in fact Stacey Snider makes a move to that studio after her contract expires at year’s end.
That’s just part of why the town sees Snider’s move over there as such an easy transition. It is an easier fit than when Jeff Robinov eyed Fox at a landing place but he did not want to report to Jim Gianopulos, who likes calling the shots after sharing power so long with Tom Rothman. Snider is apparently willing to do that and she has a lot of experience to offer managing a studio pipeline, skills that are rusting with DreamWorks’ comparatively small output.
Robinov is now well on his way to finding his money to start a company that will allow him to take big swings at Sony, and I’ve heard that there’s a good chance the bulk of that investment will come from Len Blavatnik, the Ukraine-born billionaire whose worth has been pegged at north of $17 billion. What better way for a man with that kind of money to jump into the perilous Hollywood movie business than with Gravity and Argo architect Robinov and the distribution and marketing might of Sony Pictures?
After a strong run when DreamWorks was sold to Paramount, a nasty divorce that left behind plum properties like the Transformer series, a near move to Snider’s past home Universal, and the Reliance financing/Disney arrangement which has been stepped down and has hobbled the company, I can easily imagine this finally calling a halt to the great DreamWorks experiment. The one that started with Jeffrey Katzenberg being denied the crown at the Mouse House by Disney’s Michael Eisner, and then joined into building what was to become the next great major studio by his pals Spielberg and David Geffen. I look at the recent crop of DreamWorks films, from the upcoming Need For Speed, the good but disappointing at the box office flop The Fifth Estate and the solid hit The Help, and DreamWorks just seems like an ordinary production company to me. That certainly didn’t have to be the case if the supremely ambitious principals hadn’t made all those deals that disrupted the company and instead stayed a solid course from the beginning and kept building a company on a consistent track. (more…)