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 Message Boards » » Paramount to Buy DreamWorks in $1.6B Deal Page [1]  
J_Gatsby
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Quote :
"LOS ANGELES - Paramount Pictures said Sunday it had agreed to buy independent film studio DreamWorks SKG Inc. in a deal worth $1.6 billion in cash and debt.

The deal strengthens Paramount's live action film business and gives the unit of Viacom Inc. access to DreamWorks's library of 59 films, including the Oscar-winning "American Beauty" and "Gladiator."

It also marks the end of an 11-year dream for Steven Spielberg, Jeffrey Katzenberg and David Geffen, who had ambitious goals for DreamWorks that included television, music, films and the Internet.

The announcement was made by Brad Grey, chairman and CEO of Paramount Pictures, who noted that enhancing Paramount's pipeline of pictures is a "key strategic objective in restoring Paramounts stature as a leader in filmed entertainment."

The agreement does not include DreamWorks Animation SKG Inc., the most profitable part of the company that went public last year. But Paramount does gain the right to distribute the studio's lucrative animated films, including the "Shrek" franchise."


http://news.yahoo.com/s/ap/20051211/ap_on_bi_ge/ca_paramount_dreamworks

12/11/2005 3:13:00 PM

skokiaan
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JEWWWWWWWWWWWWWW

12/11/2005 3:43:57 PM

Quinn
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Quote :
"The agreement does not include DreamWorks Animation SKG Inc., the most profitable part of the company "


1.68b and you cant even get the best part, lol , way to go spielberg and co

12/11/2005 4:47:08 PM

mytwocents
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My took a shat on Geffen's lawn once.

12/11/2005 5:01:47 PM

JonHGuth
Suspended
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HOW LONG TILL WE GET A GLADIATOR ROLLER COASTER?

12/11/2005 6:08:52 PM

Jax883
All American
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This has the potential to out out some really kick ass films. There is a lot of talen in both companies

12/11/2005 7:17:55 PM

mytwocents
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holy jesus...I completely left out the main part of that previous sentence. So let me rephrase:

My DOG took a shit on Geffen's lawn once.

12/11/2005 7:20:49 PM

rwoody
Save TWW
33252 Posts
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Some P+ deals

$1 month for 3 months maybe today onky
https://slickdeals.net/f/15647797-paramount-plus-it-s-our-birthday-let-s-celebrate-together-use-code-birthday-for-plans-as-low-as-1-month-for-the-first-3-months-expires-3-7-1-00?prop=rcmid-5351a48370e867475243693d7909b050&src=foryou_recombee

$1 month for 2 months with prime
https://slickdeals.net/f/15646915-amazon-prime-paramount-0-99-month-for-2-months-9-99-month-after-offer-ends-march-7?prop=rcmid-db13c29c83fad627035fcbaccf6b6ab6&src=jfy

3/1/2022 11:19:26 PM

 Message Boards » Entertainment » Paramount to Buy DreamWorks in $1.6B Deal Page [1]  
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