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DreamWorks Studios Is Solid

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Massive!

Steven Spielberg along with partner Stacey Snider have been lent $825 million by numerous financiers to start DreamWorks Studios!!

J.P Morgan Securities and Reliance Big Entertainment both ponied up $325 mil for the new studio, with the rest of the funding coming from numerous banks.

DreamWorks Studios' timeline has the company producing around six films a year - the first flick with a 2010 release date.

Spielberg and Snider say the massive loan will allow them to "move ahead quickly into production with [their] first group of films," including a remake of the 1950's Jimmy Stewart classic, Harvey, and a Martin Luther King Jr. biopic.

We have no doubt Spielberg's studio will be able to pay off the $$$$$ once they start cranking out the films!

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18 comments to “DreamWorks Studios Is Solid”



  1. 1

    yeah…

    good for them…a lot of money there…

    hey i want a 'studio' too…so give me that money and i make one… -after my death-



  2. 2

    I wish I had friends in high places!



  3. 3

    Good! Good! Good!



  4. 4

    w/e



  5. 5

    DAMN…sorry suckmmit u wish ur luck was this good



  6. 6

    Their Animated movies: Rock! Wall-E STOLE the Oscar from KUNG-FU PANDA (a superior film!)



  7. 7

    does this mean the America taxpayer owns stock in dreamworks? after all our gov't gave JP Morgan 25 BILLION of taxpayers money in that glorified ponzi scheme they called a "BAILOUT".



  8. 8

    Here's an idea: how bout using some of that money to pay some creative Jewish writers to go into a think tank so they don't have to
    KEEP CHURNING OUT REMAKES :(

  9. Boo says – reply to this


    9

    Why is Spielberg screwing up a classic movie like Harvey? No one could compete with the performance by Jimmy Stewart. WTF? Leave classics alone and get an ORIGINAL idea for goodness sake!



  10. 10

    Re: SWEETPIECE! – Hey sweets! Glad to see some people back to work!



  11. 11

    Re: SWEETPIECE! – Do you know that JIGSAW is a douchebag?



  12. 12

    Re: Paris France – Hi Honey! So true!



  13. 13

    Re: AnnieGirl – Has been, but we are on good terms these days. Sorry, I am not following your beef.



  14. 14

    Good for them!
    Just not better than Pixar though! ;D



  15. 15

    WHEN WAS SPIELBERG'S LAST HIT FLICK ANYWAY?? YEA EVEN HE IS BECOMING A HAS-BEEN. LMAO!!



  16. 16

    Yay good for them! My uncle works at Dreamworks. = D



  17. 17

    "Steven Spielberg along with partner Stacey Snider have been lent $825 million by numerous financiers to start DreamWorks Studios!!"

    to "start" Dreamworks Studios? what does this mean? are they going bankrupt? where's Geffen and Katzenberg?



  18. 18

    Er…start Dreamworks? Dreamworks is already around, darling.