Money | Steven Spielberg Spurned Spielberg Seeks Disney Deal Universal scraps Dreamworks plan after demand for more cash By Rob Quinn Posted Feb 7, 2009 8:35 AM CST Copied Steven Spielberg is seen at the "Indiana Jones and the Kingdom of the Crystal Skull" press conference during the 61st International film festival in Cannes, Sunday, May 18, 2008. (AP Photo/Francois Mori) Hollywood's own financial crisis has left Steven Spielberg searching for a home for DreamWorks, the Wall Street Journal reports. Talks over a distribution deal with Universal collapsed yesterday after the studio balked at DreamWorks' request to double its financing commitment to $200 million. DreamWorks is now in talks with Disney, and a deal is expected soon. DreamWorks signed a partnership deal with Bollywood giant Reliance ADA last year, but the credit crisis means the Spielberg venture has been unable to secure the loans necessary to provide its share of financing. DreamWorks needs the cash to meet its goal of making six movies a year, and while Disney may provide, Hollywood execs say the collapse of the Universal deal highlights the scaling back of studios' debt-fueled ambitions. Read These Next Mexico's missing count is moving in the wrong direction. An armed man was shot and killed at Mar-a-Lago. Brazilian influencer is dead at 27 after cosmetic surgery. Antoni Gaudi died a century ago. His masterpiece just hit a milestone. Report an error