Ever since Michael Eisner and Jeffrey Katzenberg left Paramount Studios to run The Walt Disney Company in 1984, the Mouse House has wanted to break into the Steven Spielberg business. Today, after talks for the re-launched DreamWorks faltered between the producer-director and his traditional cinematic home Universal, the Disney Studio has confirmed their recent talks have lead to a deal being concluded, says The Hollywood Reporter. Spielberg praised Disney Studios as “the birthplace of imagination”, evidently pleased with the deal that will see Disney market and distribute approximately six live-action DreamWorks films per year as part of their new “long-term distribution arrangement”, which will be presented under the Studio’s Touchstone Pictures banner. The first as yet unspecified film under the agreement will come to theaters in 2010.
Disney and DreamWorks deal is done and dusted