LOS ANGELES, Feb. 6 (UPI) -- Hollywood's Universal Pictures says a distribution pact with Steven Spielberg and David Geffen's DreamWorks production company is no longer likely.
"Universal Pictures has ended discussions with DreamWorks for a distribution agreement," Universal said in a statement Friday. "Over the past several weeks, DreamWorks has demanded material changes to previously agreed upon terms. It is clear that DreamWorks' needs and Universal's business interests are no longer in alignment. We wish them luck in their pursuit of funding and distribution of their future endeavors."