left arrow BackNext right arrow
< BACK TO Fresh Intelligence

Spielberg Out at DreamWorks?

spielberg_121007_FRESH.jpg
HAPPY HOLIDAYS! Spielberg
Steven Spielberg is leaving the studio he helped found 13 years ago, say sources deep inside Viacom.

"He's gone, and he's not going to be missed," one knowledgeable insider tells Radar. Word is, Viacom chief Sumner Redstone—who made headlines in 2006 for canning Tom Cruise after his off-screen antics became a liability—has struck again.

So, is the ornery octogenarian billionaire, who also controls CBS, Paramount Pictures, and MTV Networks, trying to prove that he's still the big swinging dick of the entertainment business? Looks that way.

Spielberg and fellow moguls David Geffen and Jeffrey Katzenberg sold their studio to Paramount in 2005, but the trio have reportedly grown increasingly unhappy about their arrangement in the years since. This fall, Geffen launched a pissing match in the press, lashing out at his corporate overlords in a Vanity Fair interview. From there, things quickly got nasty. Viacom announced it would not renew DreamWorks' contract when it expires next November. Geffen shopped the studio "all over town," and last month the partners entered into talks with NBC Universal.

If Geffen was so mouthy, why would Spielberg be the one to get the axe? Spielberg, remember, was right behind Cruise in pocketing profits from War of the Worlds, while the studio sucked wind. And in September, Viacom CEO Phillippe Dauman said that losing Spielberg would be "completely immaterial" to Paramount's bottom line. But as recently as December 3, he'd seemed to change his tune, hailing the director as "one of the great filmmakers of our time and all time." So which is it? Stay tuned. We have a feeling the shit storm's just beginning.

Representatives for Spielberg did not return calls by post time.

UPDATE: Marvin Levy, spokesman for Spielberg returned Radar's call this morning and later got back to us to say: "This story is incorrect. Everybody who knows the DreamWorks deal and the Spielberg deal at Viacom knows that he is fireproof." Radar stands by its source.

Comments

Have you figured out why this is the fist comment? Because this story is full of crap. If this turns out to be the truth I'll be a monkey's uncle.

Posted by: jinari5 on December 11, 2007 12:39 PM

Steven Spielberg is a better Movie Director than a Producer or Movie Mogul. He is best at making movies but not running the Studio. Dreamworks was good thought but none of them knew how to run a Studio. It is best he leaves Paramount and just goes back to making movies. The Industry itself needs total reform.

They promote the abuse and misuse guns, then advocate taking them away from citizens that know how to respect the gun, and needed to defend common citizens and families.

The Movie Industry is big cause of Global Warming. They often use millions of Gallons of Diesel Fuel and Gasoline to blow up cars, homes, building, and sets and put tons of CO2, Methane, and Ozone into the Atmosphere just so a Movie can attract kids that think it is cool.

The Movie Industry also promotes paganism, prostitution, and moral decay by the death and destruction they show in movies and making fun of mainstream values look like bigotry, when they practice racism and child abuse more than anyone.

Time for a change and Steven Spielberg is where it starts!

Posted by: Agmines on December 11, 2007 1:28 PM

Yeah well Sphielburger bites. Seems someone told everyone his movies were great. Could it be commercialism? And it seems someone believed this to be true. Could it be stupid people? Tell everyone that the new craze is eating crap for breakfast. And follow through with some campy commercials using special effects with people's eyes bulging out with enthusiasm. I guarantee people will be squatting over a bowl with a jug of milk and a spoon at the ready.

Posted by: joeslogic on December 11, 2007 2:11 PM

You should be embarrassed to believe that Spielberg could be fired. The industry is laughing at you. Fired from what? He never left his Universal offices. And the blithering lemmings who quickly agree with your misinformation! The cinema's most gifted director, protected by ingenious and inspired leaders who have always been winners are not employees of that senile retired banker. And they would be delighted to get out and away from him and his cronies as soon as they can. In the meantime, Radar's credibility couldn't possibly sink any lower.

Posted by: namlexa on December 11, 2007 9:00 PM

Advertisement


Post a comment

Your comment will not be visible for about a minute. If you don't see your comment when the page reloads, do not post it again. Reload the page in a minute, and you'll see it.

 


Happy Independence Day From Radar

One Last Bear Rub To Round Out The Week

Southampton's $27 Vodka Soda

The First-Ever Vagina Spa

WSJ Prepares For Fourth of July With Insanity!

Mario Lopez Remains Partially Clothed, For Now

Rate Cuts At Gawker Media

C-Rod and A-Rod No Mas

McCain Likely Furious About McCain Rage Stories

Zimbabwe: How The Torturers Live


EXECUTIVE EDITOR:


MANAGING EDITOR:


CONTRIBUTORS:
, , and others


Email us at:
tips@radaronline.com
or IM: TipRadar







Games of Chaunce
New York's biggest gossip source is just an average schmo from Jersey

Confronting the Douchebag Plague
A helpful guide from the forthcoming handbook Hot Chicks With Douchebags

Full Court Press
Charles Kaiser on standout journalism in the latest New Yorker and this week's winners and sinners

RadLibs: This American Life Edition
Create your own Ira Glass narration with Radar's This American Life story generator

I, 'Mobot
A brief history of gay androids





Those Are Some Large Mammaries
Here's to firecrackers, beer, hot dogs, and, um, breasts

IT Would Rather Slap You Upside the Head
Why? Because you're dumb, period

Pixar's Next Effort
A post-WALL-E masterpiece

Douchiest Phone Message Ever
Now we've heard it all

From the Notebook of a Disturbed Child
A tragic tale drawn simple