Feb 09, 2009 15:43
Disney said Monday that the studio has agreed to enter into an exclusive "long-term distribution arrangement" with DreamWorks.
"Under the terms of this arrangement, Disney will handle distribution and marketing for approximately six DreamWorks films each year," the studios said in a joint release. "The first DreamWorks motion picture to be released under the Touchstone Pictures banner is scheduled to hit theaters in 2010."
The deal follows Friday's surprise announcement that Universal and DreamWorks had been unable to finalize their previously announced distribution arrangement. DreamWorks brass bolted Paramount in October to re-establish DreamWorks as a privately operated company.