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Steven Spielberg Will NOT Contribute to Disney's Theme Parks

Posted: February 11th, 2009 by WorstPreviews.com Staff
Steven Spielberg Will NOT Contribute to DisneySubmit Comment
Even though Steven Spielberg's DreamWorks recently signed a distribution deal with Disney, it doesn't mean that the director will be helping the company with their Walt Disney theme parks.

The reason is because he currently has a consulting deal with Universal's theme park in Orlando. Spielberg collects only 2%, which ends up being between $30 million and $50 million per year.

Spielberg will also collect 2% of any future theme parks that open, like the ones currently under construction in Singapore and Dubai. The deal does not include any rights that Spielberg may have, it is only for for consulting.

"Of course it's a lot of money," said Sid Sheinberg, the former president of MCA-Universal, who made the deal with Spielberg 20 years ago when Universal decided to challenge Disney's supremacy in the arena of theme parks. "But without Steven Spielberg there wouldn't even be a Universal Studio tour."

He added: "The deal has been criticized by some who have entered the world later. If you set out to do a studio tour and you're competing with a giant mouse, you better have a lot of weaponry, particularly when you move into Orlando, Florida."

Source: The Wrap


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Displaying 5 comment(s) Profanity: Turn On
Schwasted writes:
on February 10th, 2009 at 7:39:55 PM

"Who have entered the world later?" HAHA why must everyone become so concerned and be ageism? Clint Eastwood seems to be good at handling the subject.
BlueMobius writes:
on February 10th, 2009 at 10:34:27 PM

I really think he's commenting on theme parks that have been built AFTER Universal Studios and Disneyland. That is, park consultants who look to make the same kind of money as the power houses are in for a rude awakening if they think they're going to get a 2% consulting fee that grosses $30 million. Not everyone is being prejudiced all the time. Sheesh.
synthetic1985 writes:
on February 11th, 2009 at 1:40:19 PM

gee....that would be nice to collect 30-50 million a year...not that i'd ever need more after a year lol
Planetastudios writes:
on February 11th, 2009 at 1:47:18 PM

Spielberg uses the money for charities and funding better movies.... he just doesnt sit down and vast in it wealth lol
synthetic1985 writes:
on February 11th, 2009 at 8:09:05 PM

well of course not...he's probably got billions if i had to guess

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