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The Divorce of SKG Dreamworks is planning on divorcing their current president company Paramount. Dreamworks is getting its funding to run on its own, by an Idian media mougle Reliance ADA. What exactly does it mean for Dreamworks to divorce Paramout? -Steven Spielberg and CEO Stacey Snider will create their own company, which they will call “Dreamworks” -David Geffen will not be apart of the new “Dreamworks” -Jeffery Katzenberg will not take sides in the divorce until 2012. Katenberg will have to stay with “Dreamworks Animation”, which is an entirly seperate company altogher, until his contract is up. Then he will be able to reunite with Speilberg in live action film. -Before hand, Amblin was Speilbergs key revenue source, but now with owning his new “Dreamworks” he will be able to get his funding straight from his own company. -The new “Dreamworks” has to raise over $500 million dollars in order to secure their old ownership titles. -The divorce isn’t necessarily complete until SKG fullfils its contract which consists of several movies. For more infomation on the divoce check out mania.com
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