"We are tremendously pleased to join forces with Steven Spielberg, whose artistic vision and commitment to quality filmmaking are legendary. DreamWorks has had a great creative and commercial track record under the leadership of Steven and Stacey Snider and I am delighted they're now associated with Disney."
- Bob Iger
"Disney is the birthplace of imagination and has always been as close to the worldwide audience as any company ever has. I am so pleased that industry leaders like Bob Iger and Dick Cook reached out to become our distribution partner. This is a major step forward for us and Reliance."- Steven Spielberg
It's official, directly from Walt Disney Studios...
The Mouse and DreamWorks Studios have entered an exclusive long-term distribution agreement. Disney will distribute all live action films by the company(Jeffrey is still stuck with Paramount, for now...). The Walt Disney Studios will distribute and market six DreamWorks film per year starting in 2010.
Now, as to what "long-term" means, is debatable. Days can be like decades in regards to Hollywood relationships, both on-screen and off. My guess is that it's a five/six year deal kind of thing. It'll be interesting to see what the first film of this partnership is and what other surprises develop. Roger Rabbit sequel? Shorts? A Spielberg directed "Lone Ranger" film perhaps?
Time will tell...