Steven Spielberg returns to Universal Pictures


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In true Hollywood fashion, the legendary filmmaker behind such movies as “Jaws,” “E.T.,” “Jurassic Park” and the Oscar-winning “Schindler’s List” is returning to his longtime production home at Universal Pictures.

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The Los Angeles-based studio on Wednesday announced a five-year deal with Spielberg’s Amblin Partners, a new consortium of companies that includes DreamWorks Studios, Participant Media, Reliance Entertainment and Entertainment One.

Universal will market and distribute films produced by Amblin Partners domestically and in some international markets. The newly minted entity, Amblin Partners, which has more than $300 million in financing lined up, is expected to produce four to seven films a year. Those projects will help bulk up Universal’s already robust film slate.

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