DreamWorks' Stacey Snider Addresses Studio's Money Issues (Exclusive)

Was not ever a film more appropriately named compared to Help. Coming off a string of disappointments, the unlikely blockbuster's box-office performance came in an opportune time for DreamWorks, that has happened using its first releases I'm # 4, Fright Evening and many particularly, the pricey Cowboys & Aliens.our editor recommends'The Help' Crosses $100 Million Mark'Cowboys & Aliens' Director Jon Favreau: I Came Across 'Magic' of Movies as Theater Usher'Fright Evening:' Colin Farrell on Playing 'Sensual, Erotic' Vampire'The Help' Stars Emma Stone, Viola Davis to go to Zurich Film Fest'The Help' to get Ensemble Award at 15th Annual Hollywood Film Honours (Exclusive) Still, the is watching the reconstituted Steven Spielberg studio carefully as speculation has intensified in recent days concerning the company's financial status and also the amount of support it might -- or may not -- be receiving from the primary backer, India's Reliance. Particularly, Hollywood will talk about the performance from the next pricey DreamWorks wager, Shawn Levy's $110 million-allocated Real Steel. PHOTOS: How 'The Help' Was Cast Within an interview using the Hollywood Reporter, DreamWorks Boss Stacey Snider acknowledged that Cowboys would be a large setback both personally and financially for the organization. But she stated any chatter that DreamWorks is within an economic squeeze is inaccurate. She stated Reliance hasn't wavered in the support and particularly declines gossips that DreamWorks staff continues to be purchased to chop off expenses. "We haven't transformed our expenses, we haven't laid anybody off. We now have no intends to lay anybody off in order to reduce expenses," she stated. Snider also expressed confidence in tangible Steel, a boxing drama starring Hugh Jackman and gigantic robots, which opens locally March. 7. PHOTOS:The Evolution of Film Vampires of the underworld "There's an economic loss, popular that people required with Cowboys that we could absorb, not perfectly, but we could absorb it," Snider stated. "The Assistance went a lengthy way towards helping us. And due to that, our partners know, 'Keep going. We are behind you. You have the cash -- make movies.' . . . We now have absolute support from your partners. That's real, it's expressed, it's explicit." An area where Hollywood may have noted a big change, Snider stated, is the fact that DreamWorks has slowed down its purchases of scripts. Though the organization just optioned Roald Dahl's children's story BFG, DreamWorks works with material that's already within the cupboard. "I've certainly stated to the professionals, 'Let's turn these into movies, not conferences,' " she stated. "I simply think that's prudent management." PHOTOS: The Assistance's Retro, Southern Style DreamWorks covered 1 / 2 of Cowboys' $160 million budget, with Universal and Relativity splitting another half. (Vital distributed the film for a small fee.) The Jon Favreau-directed sci-fi Western, launched locally in This summer by Universal, made only $98 million. The Vital worldwide release added only $64 million. Snider appreciates that Real Steel is "an essential movie to us in a few various ways. We like it and extremely, really have confidence in it and it is a substantial wager for all of us.Inch Two days out, understanding of the film isn't high and monitoring isn't strong among women. Snider states she's pleased with the monitoring which the program was to begin marketing to males and broaden to some general audience. Consider the film isn't connected having a well-known toy or game, she states marketing is going to be key. PHOTOS: 10 Greatest Flops of 2011 (To Date) To date The Assistance, which cost $26 million, has made $155 million and counting. The film is at profit in the $60 million point, based on Snider, even though there are just opened up inside a couple of foreign marketplaces, it's on a powerful start -- as opposed to the anticipation at DreamWorks that it wouldn't perform overseas whatsoever. Co-financier Participant Media ponied up another from the budget. DreamWorks faced challenges from the gate, hunting for financing because the recession hit in 2008. The organization setup $325 million in bank financing, which fell considerably lacking its original goal. Additionally, it received financing from Disney, which distributes its films, and Reliance matched up the financial institution financial loans with $325 million in funding. After Real Steel, the following DreamWorks film is going to be Spielberg's War Equine at Christmas. Email: Kim.Masters@thr.com Twitter: @KimMasters *Editor's note: Roald Dahl's title spelling continues to be remedied. Related Subjects Hugh Jackman Jon Favreau Steven Spielberg Box Office Real Steel DreamWorks SKG The Assistance Fright Evening Cowboys & Aliens