updated 2/9/2009 2:00:11 PM ET 2009-02-09T19:00:11

The Walt Disney Co.'s motion picture arm says it has agreed to a long-term exclusive distribution deal with Steven Spielberg's DreamWorks SKG movie studio.

Walt Disney Studios said Monday it will handle distribution and marketing for six live action DreamWorks films a year. The company did not disclose any financial details of the agreement.

The deal comes after talks with Universal Pictures, part of General Electric Co.'s NBC Universal, on a similar agreement broke down and gives rival Disney access to one of Hollywood's most successful directors.

The first DreamWorks movie under Disney's Touchstone Pictures brand will arrive in theaters next year.

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Discuss:

Discussion comments

,

Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 4.73%
$30K home equity loan FICO 5.26%
$75K home equity loan FICO 4.70%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.42%
13.42%
Cash Back Cards 17.94%
17.94%
Rewards Cards 17.14%
17.14%
Source: Bankrate.com