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Where will Dreamworks titles end up?

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Where will Dreamworks titles end up?

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Old 01-15-06 | 05:02 PM
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Where will Dreamworks titles end up?

Dreamworks had said they intended to wait before releasing any titles in hidef. But considering they've been bought by Paramount, it's not clear anymore.

http://www.videobusiness.com/article...+%2F+Suppliers

Relevant points:

Paramount will probably begin distributing DreamWorks titles on home video this spring.

There will be a transition period on home video titles, though neither studio officially has clarified the time frame.

Universal is expected to distribute DreamWorks’ first-quarter releases Red Eye, Just Like Heaven, The Chumscrubber, Dreamer and animated Wallace and Gromit: The Curse of the Were-Rabbit.

Paramount plans to sell off DreamWorks’ 59-title library for a possible $800 million to $1 billion after the deal closes in the first quarter. That will reduce Paramount’s net investment to between $500 million and $650 million, studio execs said. But the studio will retain worldwide home video distribution rights to those films.

Paramount said it is already in advanced discussions with at least one library suitor. Execs also said that Paramount might buy back the library if it is sold in the future.

Paramount will get home video distribution rights to the DreamWorks Animation library through 2012.

It’s possible that DreamWorks titles now will appear on both HD DVD and Blu-ray. It’s also possible—given the number of split-rights co-productions DreamWorks has been involved with—that its titles could end up on different high-def formats in different territories.

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