DIsney/Dreamworks Partnership

Started by Captain Pan, February 08, 2009, 04:24:12 AM

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Captain Pan

After being Shown this on another forum... I got kinda alarmed...

Let's See the reaction here
//http://news.awn.com/index.php?ltype=top&newsitem_no=26332

Basically What it says that Dramworks Pictures are likely to use Disney for Distribution of its Pictures

Kind of Like What Disney currently do for Studio Gibli Stuff...

Alarm Bells Rung considering the Dreamworks Animation... but at this moment According to others on another forum this deal would only be concerning the Live Action Movies and not Dreamworks Animation...

But then how would that work? Surely if you need a Distributor for one part of the company you would need them for all parts of your company.

As usual Kristof and team should this be in the wrong place do thy duty and correct it! :wink:

penfold12

#1
dreamworks animation is a seperate company, after dreamworks got into financial trouble last year they seperated the animation studios from the main company. The refinanicing deal also didn't cover speilberg productions. That was how the studio managed to stay afloat. They are now trying to enter the very lucrative bollywood market, but don't have enough capital. Part of this distribution deal asks for financial input to allow the bollywood deal. It is also rummoured to be the lowest distribution offer at 8% of gross for Disney. Most people feel this would be a great step for dreamworks, but not so sure about Disney. It backtracks on their recent move in reducing output to 12 Disney labeled movies a year. That move was so they can concentrate on marketing and cost and hopefully launch 12 major tent pole movies a year gaining a better financial return. This would mean the opposite. But it could also mean Speilberg would operate off the Disney lot, which could be interesting. Bob Iger has made mostly good moves so far, so here's hoping there is more in this for Disney that it seems at first

Anthony

#2
It's happening!

QuoteDisney inks distribution deal with DreamWorks

• Disney to collect fee worth 9% of gross receipts for each DreamWorks picture it distributes and markets
• DreamWorks would get bridging loan to match funding pledge from Mumbai-based backers Reliance

Steven Spielberg's DreamWorks has signed an exclusive long-term distribution deal with Disney which ties the two entertainment behemoths together for the next seven years, according to US reports.

Under the deal, Disney will collect a distribution fee of 9% of the gross receipts per movie to release six pictures per year starting in 2010. In return, Disney will provide a much-needed bridge financing loan to DreamWorks, which has been struggling to raise capital in the wake of the global credit crunch to match a funding commitment from its financial backer, Mumbai-based Reliance. DreamWorks needs to raise $325m (£220.6m) to secure the same amount from Reliance – the studio says it is halfway there.

The Disney agreement, announced yesterday, comes after a similar deal with Universal fell through at the 11th hour on Friday. DreamWorks has been looking for a new partner ever since it parted company with Paramount in October.

The deal does not include the DreamWorks Animation studio, the main rival to Disney's own animation properties, which includes its own studio and the acclaimed Pixar team. It will remain with Paramount.

"We're both thrilled and honoured 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 [co-founder] Steven [Spielberg], [DreamWorks CEO] Stacey [Snider] 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."
http://www.guardian.co.uk/film/2009/feb ... rks-movies

They don't seem to have an awful lot on their production schedule, their back-catalogue is pretty so-so and I guess Transformers 2 will stay at Paramount, but this does mean Disney gets to release the much talked-about Tintin under the Touchstone label... doesn't it?

And Spielberg + Disney = Roger Rabbit 2? They've already got Zemeckis for Christmas Carol. Oh we can dream...
...

penfold12

#3
I have read that Columbia have paid half of the costs to Tin Tin, and will therefore be the distributors, but I'm not sure on that one. Normally the distributor also has some merchandising rights too. I wonder if Disney did in this deal. If you think when they distributed Pixar movies before buying them out, the characters found their way into the parks. In theory this could mean that characters or attractions etc from dreamworks movies could end up in the parks!

Captain Pan

#4
Quote from: "penfold12"Normally the distributor also has some merchandising rights too. I wonder if Disney did in this deal. If you think when they distributed Pixar movies before buying them out, the characters found their way into the parks. In theory this could mean that characters or attractions etc from dreamworks movies could end up in the parks!
We'll have to wait on that part, see what happens in a few years when Dreamworks want out, see if Disney do what they did to Burton (Nightmare Before Christmas) or threaten to ruin the Franchise by making a cheep sequel (Toy Story 3) with "ownership of character image rights".

Does this annoncement mean more Speilburg themed attractions for parks?