DreamWorks SKG, Steven Spielberg’s boutique production company, is in advanced talks on a deal to distribute its movies through Disney, according to reports.

Disney had been a suitor for DreamWorks back in October, and Stacey Snider, the chief executive of DreamWorks, and David Geffen, the co-founder of the studio, were keen to align with the company. But Mr. Spielberg ultimately overruled them, concluding that Universal where he made his first blockbuster and where he still maintained offices was the right fit.

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