Movies

Paramount, DreamWorks principals plan parting


MUMBAI: US film studio Paramount Pictures and DreamWorks principals have announced the formalisation of their transition agreements as Steven Spielberg and Stacey Snider depart to form their previously announced new motion pictures company in partnership with Reliance Big Entertainment. Geffen, who oversaw the transition for DreamWorks, will not be joining the new company.


As part of the separation agreement, the DreamWorks principals‘ new company will take the lead on a number of development projects, which Paramount will have the option to co-finance and co-distribute. The majority of existing DreamWorks staff is expected to be offered positions at the new company.


All other projects currently in development will remain at Paramount with the opportunity for the Reliance-backed venture to co-finance several projects to which Mr. Spielberg is attached. In addition Spielberg will continue to produce the Transformers franchise for Paramount and will also collaborate on three other Paramount films including When Worlds Collide.


Paramount Pictures chairman and CEO Brad Grey said, "We have had a great run with the DreamWorks team both creatively and financially. In particular, it has been a true honor working closely with a storyteller of Steven‘s talent and stature. We are also grateful to David and Stacey for their exceptional leadership, creative talent and many contributions to our partnership over the past few years. We look forward to building on our joint successes as Paramount plans for the future."


Spielberg says, "Brad is a friend and I am pleased to be able to continue to work with him and his team with whom we have shared many successes. We have enjoyed a productive creative and business collaboration with Brad, Paramount and Viacom over the past few years and are enthusiastic about extending the relationship for many years to come.


"And I have a very special thanks to David Geffen for his far reaching vision that has made it possible for me to steer this new course. His advice and wisdom have always been right on the money. He is a friend for life."


Snider says, "We are grateful to Brad, Rob and the entire Paramount team for their generous support and constant creativity. We are very proud of the films we produced and marketed together. We‘re excited about this new venture which wouldn‘t have been possible without the business genius and loyalty of David Geffen."


Paramount Pictures vice chairman Rob Moore says, "It has been rewarding to work with the DreamWorks team and I‘m gratified we‘ll have the opportunity to continue to work together. We wish them the best as they launch their new venture."

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/24/after-ever-after_1.jpg?itok=edl5LsUU
Five Indian films to be screened at Hollywood CineFest

Indian films After Ever After by Rakesh Kumar has been selected for the Hollywood International CineFest being held this month.

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/23/tubelight.jpg?itok=RlPpBJ0u
Tubelight.... Betrays fans' faith

Tubelight is a slang used generally to refer to a person who is a slow-starter, takes time in grasping matters like jokes or a simple statement. In the film, Tubelight, Salman Khan's character, is described as such by one and all because nothing seems to get into his head. But, as the story unfolds...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/21/epic.jpg?itok=ctvWJiAq
Lesser-known facts about Indian cinema in new series on EPIC

A total of 24 lesser-known milestones and creatives of Hindi as well as regional cinema will be the highlight of a new series on Indian cinema on the Epic TV channel.

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/19/phullu_0.jpg?itok=dBmI2GaS
No takers for films sans merit or promotion

The drought continues despite a number of new films releasing. The thing is, the films released in last three weeks lacked in face value and promotion. Cinema halls continued with their suicidal approach of sticking to the high admission rates. It does not impact the merit and face value of a film.

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/19/Kishore%20Lulla%20and%20Necati%20Sasmaz.jpg?itok=-xR7wdf9
Eros International signs co-production deal with Turkish co Pana Film

MUMBAI: Eros International Media, a global company in the Indian film entertainment industry, has announced two Indo­-Turkish co-productions with Pana Film, a leading Turkish film studio owned by Turkish actor Necati Sasmaz, known for playing the lead role of Polat Alemdar in Turkey's...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/16/phullu_0.jpg?itok=6JvEBXvp
Phullu.....One for social cause

India is the flavour of the season. Be it biopics or social messages. The first awkward moment for the family audience was when bra panty underwear ads went online. Long ago, some makers ventured into bridging the gap between communities by depicting inter cast and inter class romance. The condom...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/13/NFAI-Story.jpg?itok=KuveZKHc
Rs-500m film digitisation, sound restoration & software RFPs to be floated in '17-18

NEW DELHI: Noting that substantial under-utilisation of funds under the National Film Heritage Mission has reflected in the overall idling of fund in the film sector as a whole during 2016-17, a Parliamentary Committee has asked the information and broadcasting ministry to ensure optimal...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/12/chanpion.jpg?itok=zRh8SM4W
Ramzan or Champions Trophy can't be an excuse for dull period at box office

With the kind of films being made which find their way to the cinema halls, one can’t blame the dull period at the box office to the fasting month of Ramzan when the Muslim audience keeps away from entertainment or the Championship Trophy 50 over matches being played in England.

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/12/Meryl%20Streep.jpg?itok=hyA6SrTs
Reliance, Universal & eOne to distribute Fox-Amblin's Spielberg movie 'The Papers'

MUMBAI: Twentieth Century Fox and Amblin Entertainments' riveting drama inspired by actual events, 'The Papers' began principal photography in New York recently. Internationally, the film will be distributed through Amblin’s deals with Universal Studios, Reliance Entertainment, eOne and other...

Movies International

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories