DreamWorks Animation SKG inc. will not renew its distribution deal with Walt Disney Co. , and may instead ink a deal with Universal, the studio owned by Comcast Corp. , Variety reported, citing unnamed sources. The Disney deal with DreamWorks dates back to 2009, but Disney has since acquired Marvel and Lucasfilm, suggesting it is focusing on branded films, Variety reported. Disney will release two more films from the studio, both of which were directed by Stephen Spielberg, before the current deal expires, said the magazine. Spielberg was an executive producer on Universal’s recent hit, “Jurassic World.” In its latest quarter, DreamWorks’ loss more than doubled as the studio struggled to overhaul its operations.
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