Spielberg is not leaving Dreamworks, says spokesman

DreamWorks was acquired by Paramount Pictures in 2005 for $1.6 billion. Under the deal, Spielberg and partner David Geffen agreed to stay on with Viacom through the end of 2008. But there has been persistent speculation the two principals are unhappy and may choose to leave Paramount at the end of 2008.
DreamWorks Animation SKG Inc, a separate publicly held studio run by Jeffrey Katzenberg, has its own deal to have its movies distributed by Paramount through 2012.
Last week, NBC Universal Chief Executive Jeff Zucker said at a UBS investor conference the company would consider buying DreamWorks from Viacom if the movie studio was ever put up for sale. NBC is majority owned by General Electric Co.
The New York Times reported last month that Geffen and Spielberg have been negotiating to move their studio to NBC Universal from Viacom`s Paramount Pictures.