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DreamWorks, Paramount Divorce Amicably

Divorces

Spielberg retains some visitation rights.

The Paramount-DreamWorks divorce has ended with an unexpected whimper, Nikki Finke reports. Of the two studios’ 200 joint projects, DreamWorks will inherit 15 to 20, “with Paramount having an option to co-finance and co-distribute pic by pic.” A similar number of projects to Paramount, with DreamWorks holding the option. The rest of the bounty is Paramount’s. Why was that so easy? Finke credits the work of lawyer Skip Brittenham, and Paramount’s decision to wave goodbye to Steven Spielberg, et al, rather than waiting until their contracts expired at year’s end.

Read it at Deadline Hollywood Daily