Broker Center sponsored links

NBC CEO says would consider Dreamworks if available

Mon Dec 3, 2007 4:37pm EST
 
Email | Print | | Reprints | Single Page
[-] Text [+]

NEW YORK, Dec 3 (Reuters) - NBC Universal would consider buying Dreamworks from Viacom Inc (VIAb.N: Quote, Profile, Research, Stock Buzz) if the movie studio was ever put up for sale, its top executive said on Monday.

NBC Universal Chief Executive Jeff Zucker, speaking at an investor conference, said that if "the opportunity were to arise," then buying Dreamworks would be "something we obviously would look at."

The New York Times reported last month that DreamWorks principals David Geffen and Steven Spielberg have been negotiating to move their studio to NBC Universal from Viacom's Paramount Pictures.

Speaking at the same UBS investor conference on Monday, Viacom Chief Executive Philippe Dauman said his company "will continue to have a very long relationship with Steven in one form or another."

"Our plan is to proceed with mutual respect," Dauman said. "We're going to proceed with calm, deliberateness and to make sure he's happy doing what he's doing."

DreamWorks was acquired by Paramount Pictures and Viacom Inc (VIAb.N: Quote, Profile, Research, Stock Buzz) in 2005 for $1.6 billion.

NBC is majority owned by General Electric (GE.N: Quote, Profile, Research, Stock Buzz).

(Reporting by Paul Thomasch and Kenneth Li)

 

Help us advance this story. Provide relevant links or share your insights using our comment box. Please be considerate and help us by reporting any abuse you find. Reuters will delete comments that don't meet community standards.

Have a correction to this article? Email the editors

Featured Broker sponsored link

Editor's Choice

  • Pictures
  • Video
  • Articles
Photo

A selection of our best photos from the past 24 hours.  View Slideshow 

Most Popular on Reuters

  • Articles
  • Video
  • Recommended