The Walt Disney Studios has
agreed to enter into an exclusive long-term distribution arrangement with
filmmaker Steven Spielberg and partner Stacey Snider, CEO of DreamWorks, to
distribute all upcoming live-action motion pictures produced by DreamWorks under
their partnership with Reliance Big Entertainment. Under the terms of this
arrangement, Disney will handle distribution and marketing for approximately six
DreamWorks films each year. The first DreamWorks film to be released under the
Touchstone Pictures banner is scheduled for in 2010.