Spielberg’s DreamWorks revived

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DreamWorks, the studio responsible for mega Hollywood hits like Shrek 2, Dreamgirls, Kung Fu Panda and Madagascar, has finally found enough financial backing to commence production on new projects.

The studio, which was co-founded by legendary filmmaker Steven Spelberg, faced an uncertain future when it left Paramount in 2008. It subsequently concluded a deal with Indian conglomerate Reliance and more recently, a distribution deal with Disney.

A long term plan will see DreamWorks making five to six films annually, with the first one set to commence later this year. (Source: Studio Briefing)

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