Monday, March 23, 2009

Easy-Money Generation Toughens Up in Hollywood

posted by: Thomas Gillick

By: Michael Cieply & Brooks Barnes

In the bungalow offices here that house Steven Spielberg’s newly formed DreamWorks Studios, the swagger is suddenly being dialed back a notch or two.

When the company reorganized itself as an independent operation a few months ago, Stacey Snider, a co-owner of DreamWorks and its chief executive, envisioned herself presiding over a grand new empire. It was a nice fantasy while it lasted.

“You’re not presiding over anything,” Ms. Snider, 47, said that she had quickly realized. “You’re back in the trenches.

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