• In December of 2005, DreamWorks was purchased by Paramount Studios for $1.6 billion
• Ending DreamWorks' 11-year run as an independent studio.
• DreamWorks was never able to produce enough films to cover the cost of being their own distributors.
• The move allowed Paramount to increase the num of films released each year.
• Spielberg stayed on as a director & Geffen as chairman.
• The two agreed to produce up to six movies this year.
• In addition, Paramount has the right to distribute DreamWorks future animated features.
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