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WHO NEEDS THEATERS, ANYWAY? Tuesday, October 4 2005 
The
major
movie
studios
are
stepping
up
their
production
of
movies
intended
to
go
directly
to
the
home
video
market,
Home
Media
Retailing
reported
Monday.
Universal
Studios
Home
Entertainment
president
Craig
Kornblau
told
the
publication,
"We
have
a
$24
billion
business
that
consumers
absolutely
love
...
and
yet
there
is
very
little
content
made
only
for
this
business."
Many
of
the
new
features
being
produced
for
DVD
release
are
being
described
as
"franchises"
--
essentially
(more)DREAMWORKS-UNIVERSAL MERGER FALLS APART Wednesday, September 28 2005 
For
the
time
being,
at
least,
the
dream
of
Steven
Spielberg,
Jeffrey
Katzenberg
and
David
Geffen
to
create
a
modern
movie
studio
that
would
outshine
its
time-worn
rivals,
will
live
on.
DreamWorks
on
Tuesday
ended
its
merger
talks
with
NBC
Universal
after
the
GE-owned
company
reportedly
cut
its
original
offer
of
$1.5
billion.
According
to
several
reports,
Universal
had
concluded
that
the
value
of
DreamWorks
had
declined
as
a
result
of
the
recent
costly
failures
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Universal expects to be able to offer movies online by the end of the year or early next year, company chairman and CEO Bob Wright said Tuesday. Speaking at a conference on piracy in London, Wright described the studio's entry into online movie services as "something we have to do." However, he cautioned, the studio's entry into the Internet sphere must be accompanied by fail-safe methods to prevent the films from being copied and redistributed. "These movies are so expensive, we have to be careful," he said.
