DreamWorks 3.0 Has Arrived -- But What Is It?
The latest attempt is more modest, and finally under way: "It's Steven and Stacey taking chances on projects they believe in"
It’s back, but just what is it this time?
That’s the essential question, as DreamWorks roars back to life after spending much of 2009 in the credit-market wilderness following its divorce from Paramount.
Now with over $800 million in privately procured financing in the bank and with the launch of six movies into production, the studio begins what can be termed its third life stage -- operating as a privately funded company with only one of the original Big Three founders, Steven Spielberg, still running the show.
Unshackled from their unhappy Paramount home, and beginning a more
simple life as a pure-play movie-production house, DreamWorks officials
brim with the kind of hope that can only be found at a studio that
hasn’t been around long enough to see anything flop.
own company, we’re now incredibly nimble – we can make quick decisions,”
Holly Bario, who co-heads production for the new DreamWorks, told
"It seems to be DreamWorks 3.0," producer Don Murphy told TheWrap from the set of "Real Steel," one of the six movies that have just begun production around the country. "It's Steven and Stacey (Snider) taking chances on projects they believe in and pushing them out the door."
Read more at TheWrap.
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The solid report comes a month after the retailer closed all of its Canadian operations.
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