In a press announcement, Universal Spokeswoman Cindy Gardner has dropped the bomb that they are dropping the option to distribute Dreamworks films. To the press she had this to say:
"Universal Pictures has ended discussions with DreamWorks for a distribution agreement. Over the past several weeks, DreamWorks has demanded material changes to previously agreed-upon terms. It is clear that DreamWorks' needs and Universal's business interests are no longer in alignment. We wish them luck in their pursuit of funding and distribution of their future endeavors."
Unlike most divorce announcements which are PC and polite, this came off as hostile and bitter. Whatever happened behind closed doors must have gotten pretty ugly. Oh well, I think this is a perfect opportunity for Dreamworks to start distributing their own movies once again. With "G.I. Joe" and "Transformers 2" on the horizon Dreamworks should prosper very well in the coming year.
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