Steven Spielberg is going to take his talents elsewhere after the production company ends their deal with Disney.
In 2009, Dreamworks signed a distribution deal with Disney. But, since then, Walt Disney Co. acquired Marvel and Lucasfilm, and focusing their strengths onĀ franchise movies and sequels.
Dreamworks is looking for different business partners as the production company will not renew their distribution deal with Walt Disney, according to Variety.
Disney is expected to release two more DreamWorks movies, both directed by Steven Spielberg, before the deal expires: Tom Hanks’ Cold War thriller ‘Bridge of Spies’ on October 16 and ‘The BFG’ on July 1.
‘The BFG’ is a co-production with Disney that will be Spielberg’s first Disney-branded movie. All the other movies have been released under Disney’s Touchstone distribution company.
From Variety:
Sources also indicate that DreamWorks is most likely to wind up with a distribution deal at UniversalĀ while emphasizing that no agreement has been reached. They noted that Spielberg has kept his offices on the lot, even after the Disney deal was struck, and he was executive producer on Universalās smash hit āJurassic World.ā
Dreamworks is currently working onĀ A Dog’s Purpose, The Girl on the Train,Ā andĀ Ghost in the ShellĀ starring Scarlett Johansson, which is set for release in March 2017.