Hot on the heels of the Paramount/DreamWorks HD DVD announcement, in which they were careful to specifically except Steven Spielberg’s films from the HD DVD exclusivity, comes this article on MSNBC.
Could Paramount Pictures (VIA) lose Steven Spielberg and the DreamWorks (DWA) studio it bought just 20 months ago for $1.53 billion? It’s entirely possible. People close to Spielberg say he is vexed that Paramount has treated his team shabbily and grabbed credit for DreamWorks productions. If Spielberg were to leave, says a person familiar with the situation, he could take several of his hitmakers and the DreamWorks name with him.
Spielberg has, thus far, refused to allow any of his films to be released on HD DVD – yet he is personally supporting the Sony release of Close Encounters on Blu-ray.