Universal/Dreamworks Merger Dies On The Table

“Dreamworks SKG, the movie studio founded by a trio of entertainment moguls including the director Steven Spielberg, has called off talks to be bought by NBC Universal for about $1 billion… The failure to reach a deal was thought to have resulted from disagreements over the price and Mr Spielberg’s reluctance to give up the independence that he has enjoyed at DreamWorks, which allowed him to work with competing studios.”