Steven Spielberg to make specialty films

June 9, 2006 at 11:57 AM
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LOS ANGELES, June 9 (UPI) -- Steven Spielberg says he may make specialty films that are lower-budgeted now that DreamWorks has been bought by Paramount.

An interview for the 100th episode of AMC's "Sunday Morning Shootout," with Daily Variety's Peter Bart and producer Peter Guber, including Spielberg's thoughts on DreamWorks now being owned by Paramount, Daily Variety reported Friday.

The first part of the Spielberg interview airs Sunday.

While Spielberg said he and fellow DreamWorks founders Jeffrey Katzenberg and David Geffen, weren't looking to make a lot of money off the deal, they felt they should pay off early DreamWorks investors.

Paramount paid $1.6 billion for DreamWorks. The DreamWorks founders also recently closed a deal valued at $900 million to sell the company's film library to an investor group led by financier George Soros.

Now, Spielberg wants DreamWorks to make more specialty films, to be released and marketed by the revamped Paramount Vantage label.

He told "Sunday Morning Shootout," "I would love to go off and make a picture like 'Capote' or George Clooney's 'Good Night, and Good Luck.'"

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