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Spielberg and DreamWorks off; Transformers 3 as well?

Written by Big Bot on June 11, 2008 | News | Tags: , , ,

Back in 2005, Paramount Pictures bought DreamWorks SKG for lots of money. Luckily, this didn’t affect Transformers as both companies were already involved in the filming and distribution. Now, however, a split may form. Steven Spielberg is planning, at the end of 2008, on raising $1 billion to buy back DreamWorks and regain ownership of all its movies again. A bidding war between Universal, Disney and Fox will decide who distributes the films.

The problem with all this is what happens to movies that DreamWorks and Paramount both worked on, like Transformers and Transformers 2: Return of the Fallen? Paramount own the distribution rights, but Spielberg’s involvement means he has a lot of leverage. In the end, it will all come down to negotiations and what films Spielberg wants to take with him.

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