Skip to main content

DreamWorks and Steven Spielberg will reportedly part ways with Disney in 2016

Director Steven Spielberg.
praszkiewicz / Shutterstock.com
Steven Spielberg’s DreamWorks is reportedly ready to move on from its distribution deal with Disney. Sources tell THR that the famed director plans to work with another studio once the current agreement ends in August 2016. Given Spielberg’s recent — not to mention enormous — success with Jurassic World, there’s speculation that the film’s distributor, Universal Pictures, could pick up where Disney leaves off.

Universal and Spielberg’s pairing proved to be formidable, to say the least. Jurassic World’s success was unprecedented and propelled the studio to the highest-grossing year at the worldwide box office four months before the 12-month period even ended. The Academy Award-winning director already has plans to team up with the studio again for the film’s 2018 sequel. On top of that, Spielberg has maintained offices at Universal over the years and is rumored to be involved with potential reboots of Jaws and Back to the Future, both of which would be distributed by the studio. A deal with DreamWorks could potentially make Universal even more dominant.

Recommended Videos

There’s still a year on the current arrangement, though, and sources tell Deadline that Spielberg will use the time to land the best possible agreement for DreamWorks. “There have been no negotiations, no proposals between DreamWorks or Steven and Universal,” said one of the insiders, naming Paramount, Fox, Universal, and Warner Bros. as other possibilities.

The source did share that Spielberg has a special connection to Universal but expressed confidence that the director will explore his options: “People would like to see him to go back to Universal because that’s where he started, but he gets a huge piece of the gross and a lot of money. … He’ll kick every tire in town before he decides.”

As for why Disney has been ruled out, THR’s sources claim that the current deal hasn’t been ideal because of a leadership change. Not long after the arrangement was put in place, Dick Cook, Disney’s former chairman, was replaced, and the studio’s CEO, Bob Iger, was put in charge of film financing strategy. DreamWorks is reportedly seeking new investments so that it can greenlight its own films, as well as set budgets.

The final film to come out under the DreamWorks-Disney deal will be the movie adaptation of Roald Dahl’s The BFG on July 1, 2016, sources say. Beyond that, DreamWorks has one film in production and two in development, and the trio would be distributed through its new partner: A Dog’s PurposeThe Girl on the Train, and Ghost in the Shell.

DreamWorks shouldn’t have any problems finding a willing distributor. Although its collaboration with Disney has yielded less success on average than its previous deal with Paramount, Spielberg has repeatedly proven himself over the course of his legendary career. That, coupled with his massive success with Jurassic World, should all but guarantee that Spielberg can take his pick.

Stephanie Topacio Long
Stephanie Topacio Long is a writer and editor whose writing interests range from business to books. She also contributes to…
Steven Spielberg casts David Lynch in The Fabelmans
David Lynch in Twin Peaks: The Return.

For the first time ever, directors Steven Spielberg and David Lynch are going to collaborate. It's just not happening in the way that anyone expected. Variety is reporting that Lynch has been cast in a role for Spielberg's upcoming film The Fabelmans. Details about Lynch's part were not disclosed in the story.

Lynch is best known as a director of critically acclaimed films including Eraserhead, Blue Velvet, Mulholland Drive, The Straight Story, Wild At Heart, and Lost Highway. He is also the co-creator of Twin Peaks, a wildly popular cult series from the 1990s that was revived by Showtime in 2017 as Twin Peaks: The Return.

Read more
Hold on to your fedora! Steven Spielberg won’t direct Indiana Jones 5
Indiana Jones and the Temple of Doom

For the first time in the history of the Indiana Jones movie franchise, Steven Spielberg will not be in the director's chair when cameras roll on the next installment of the series.

Spielberg himself reportedly made the decision to step down as director of Indiana Jones 5, which has yet to receive an official title or begin filming after a lengthy development period. The move was made to freshen up the franchise with a new filmmaker's perspective on the whip-cracking archaeologist's adventures, according to Variety.

Read more
Dream job will pay you $1,000 to binge-watch Disney+. Here’s how to apply
Disney+

Calling all Disney superfans: If you’ve seen every Disney movie ever made and have the Disney+ release date circled on your calendar, then this job is for you: A review company will pay up to five people $1,000 each to watch Disney+ movies and TV shows. 

The Reviews.org job description calls for Disney fans older than 18 who are U.S. citizens or permanent residents. You’ll have to watch 30 Disney movies or shows on Disney+ over 30 days. In exchange for the not-so-daunting task, you’ll receive $1,000, a one-year subscription to Disney+, and a Disney-themed movie-watching kit that includes a Mickey Mouse blanket and a Pixar popcorn popper. 

Read more