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Spielberg In Talks For New Studio Venture

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Spielberg In Talks For New Studio Venture
Categories: Company News, Media, Movie News, People News
Posted by: Raymond T.
Credit(s): www.reuters.com
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Thursday, July 3rd, 2008 5:55AM CDT

Multi media news agency Reuters has a two page report up on their website about Hollywood Director and (Executive) Producer Steven Spielberg. The Hollywood legend is in talks with India-based movie studio conglomerate Reliance for a $1.5 billion proposal to potentially produce up to 30 movies in the next 5 years with a new independent studio.

Currently Spielberg's co-owned company of Dreamworks is still partnered with Paramount pictures for distribution, and will continue to be so for current productions until the end of the year. Presumably productions slated for after 2008 (including Transformers: Revenge of the Fallen) would then be distributed by this new studio.

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Re: Spielberg In Talks For New Studio Venture (739778)
Posted by NuclearConvoy on July 3rd, 2008 @ 6:26am CDT

Interesting.
But what would that mean to the "customer"?


Re: Spielberg In Talks For New Studio Venture (739808)
Posted by Black Bumblebee on July 3rd, 2008 @ 7:53am CDT

Well, if it's India based, it means we might see the bots break into song for no apparent reason. :grin:

"Oh noes... its Ballywood! Run for it! Ruuuunnnnn!"


Re: Spielberg In Talks For New Studio Venture (739876)
Posted by BigBot on July 3rd, 2008 @ 9:55am CDT

[quote:2z1gsnk3]Currently Spielberg's co-owned company of Dreamworks is still partnered with Paramount pictures for distribution, and will continue to be so for current productions until the end of the year. Presumably productions slated for after 2008 (including Transformers: Revenge of the Fallen) would then be distributed by this new studio.[/quote:2z1gsnk3]

Paramount will still distribute TF2 (and any other joint productions) as they have jointly produced the film. Transformers 3, however, will depend on whether Spielberg wants to take the Transformers film rights with Dreamworks or leave them with Paramount.

Also look out for bids from Fox, Universal and Disney before the end of the year for Dreamworks.


Re: Spielberg In Talks For New Studio Venture (739950)
Posted by Bumblebeast on July 3rd, 2008 @ 11:31am CDT

There's a risk of us not getting a Transformers 3 if people **** things up.


Re: Spielberg In Talks For New Studio Venture (740062)
Posted by NuclearConvoy on July 3rd, 2008 @ 1:42pm CDT

[quote="Bumblebeast":6ymv6l1e]There's a risk of us not getting a Transformers 3 if people **** things up.[/quote:6ymv6l1e]

No, not really.


Re: Spielberg In Talks For New Studio Venture (740067)
Posted by ***Galvatron*** on July 3rd, 2008 @ 1:49pm CDT

[quote="Bumblebeast":1ruvairg]There's a risk of us not getting a Transformers 3 if people **** things up.[/quote:1ruvairg]

If TF2 makes even a penny above what it cost they will make a third, often sequels that bomb will still get another chance to finish the story or try to revive it and a franchise like this certainly deserves it even if it does not do too well at the box office.

If the movie line of the toys makes money on that alone they would make a third film otherwise we would not see the name Hasbro in the credits of the movies.

I will go out on a limb here and say that even [u:1ruvairg]if TF2 bombs at the box office AND[/u:1ruvairg] [u:1ruvairg]TF3 is not made because of it [/u:1ruvairg]I will eat my entire transformer collection! :P


Re: Spielberg In Talks For New Studio Venture (740251)
Posted by allhailmegatron#1 on July 3rd, 2008 @ 4:45pm CDT

u guys here those posters for rotf were fake chek it out
http://www.donmurphy.net/board/showpost ... stcount=24