***David Geffen and Steven Spielberg, apparently unhappy with the role Dreamworks has played within the Viacom empire since Paramount’s late-2005 acquisition of the vanity label, are threatening to walk away from their contracts with the mega studio. According to a fascinating piece on the subject by former Paramount employee Peter Bart, Geffen and Spielberg may be able to jump ship with the Dreamworks name in tow, but they’d likely have to leave their staff, existing deals and film negatives behind.
***Netflix is lowering the price of their two most popular subscription plans by $1 each, in an attempt to beat out Blockbuster once and for all. It’s the second price slash from Netflix this year, and it could cost the company millions of dollars.
***Disney has found a director for their remake of the kiddie classic Escape to Witch Mountain. Also, if you were wondering what happened to Ike Eisenmann, in 2002 he wrote, directed and starred in a Witch Mountain/Blair Witch spoof called — wait for it — The Blair Witch Mountain.
Originally posted on:
Spoutblog