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As DreamWorks Preps Next Chapter, Spielberg's Next Two Pics Land Release Dates (UPDATED)

Photo of Anne Thompson By Anne Thompson | Thompson on Hollywood June 17, 2014 at 1:30PM

It looks like we finally have some answers as to what Steven Spielberg is directing next, thanks to an announcement from DreamWorks laying out the release dates for his next project. (UPDATE)
Steven Spielberg
Steven Spielberg

Spielberg is a director who has a hard time making up his mind. Hence the many projects he's constantly attached to. (Sometimes, producers find, the good news of having Spielberg attached becomes bad news, when the movie never gets made.) But the rash of announcements over the past few months leads one to suspect that Spielberg's partner Stacey Snider is cleaning house and getting things in order before her imminent departure, presumably to run Fox. 

Spielberg's partner at DreamWorks is working on possibly exiting the company sometime before her contract expires in November, with blessings from Spielberg, David Geffen and Jeffrey Katzenberg, who wants her to join him at Fox, where Rupert Murdoch and motion picture chairman Jim Gianopulos have been courting her. The box Snider has to function at DreamWorks has gotten ever smaller--hits "Lincoln" and "The Help" were not easy to push up the hill, and she wound up supervising three recent disappointments--"The Fifth Estate," "Delivery Man" and "Need for Speed." 

So what happens after Snider leaves DreamWorks, its financing partner Reliance and distributor Disney? Unraveling that Gordian knot has proved to be difficult in the past. Spielberg will continue to do what he wants as one of the most sought-after filmmakers at the top of the Hollywood food chain. He always has. Would he bring back his old DreamWorks production cronies Walter Parkes and Laurie MacDonald and reconstitute Amblin?

If there's one thing that could add that extra burst of momentum to Spielberg picking his next project, it's the Coen brothers coming on board as screenwriters. And that's exactly what's happened with the Cold War thriller shaping up at DreamWorks, with Tom Hanks set to star. We've been wondering what project the busy Spielberg would commit to, and we finally have some answers, thanks to an announcement from DreamWorks laying out the release dates for his next two projects. 

Coens in Cannes

First up, his untitled Cold War spy thriller with Tom Hanks set to star is due out on October 16, 2015.  The Coen brothers are writing the screenplay, taking over from first draft writer Matt Charman. The story centers on the true story of James Donovan, an American attorney recruited by the CIA to negotiate with the KGB for the release of downed U-2 spy plane pilot Gary Powers.  

Hanks and Spielberg have collaborated on three films, “Saving Private Ryan,” “Catch Me if You Can” and “The Terminal," the only soft box office performer of that trio. The two men are close friends; Hanks is coming off the hit "Captain Phillips." (Expect more Cold War plots to return as Russia becomes a convenient enemy again.) A September production start is likely. Spielberg, Marc Platt and Kristie Macosko Krieger are producing.

(Meanwhile, the Coens have settled on their next directing project: Working Title's "Hail Caesar," which follows a fixer in 1950s Hollywood whose job is to keep the stars' reps shining and untarnished. George Clooney and Josh Brolin will headline.)

Next, for Spielberg will be "The BFG," adapted from Roald Dahl's 1982 children's classic by "E.T." writer Melissa Mathison. It will come out in theaters on July 1, 2016. DreamWorks acquired rights in 2011 to "BFG," the story of a Big Friendly Giant who makes friends with a young orphan girl. Frank Marshall is now producing solo, as partner Kathleen Kennedy runs Lucasfilm; over the development of "BFG" several directors have come and gone, including Chris Columbus and John Madden, who executive produces with Michael Siegel. The book was also made into a 1989 British animated movie for television. Dahl's"James and the Giant Peach" spawned a fab animated movie, and "Matilda" yielded both a live-action film and a Tony-winning Broadway musical. Spielberg and Marshall will produce, with Kathleen Kennedy, Michael Siegel and director John Madden executive producing.

This article is related to: Steven Spielberg, Steven Spielberg, News, News, DreamWorks, Coens, Ethan Coen, Ethan Coen, Joel Coen, Joel Coen, Tom Hanks

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Thompson on Hollywood

Born and raised in Manhattan, Anne Thompson grew up going to the Thalia and The New Yorker and wound up at grad Cinema Studies at NYU. She worked at United Artists and Film Comment before heading west as that magazine's west coast editor. She wrote for the LA Weekly, Sight and Sound, Empire, The New York Times and Entertainment Weekly before serving as West Coast Editor of Premiere. She wrote for The Washington Post, The London Observer, Wired, More, and Vanity Fair, and did staff stints at The Hollywood Reporter and Variety. She eventually took her blog Thompson on Hollywood to Indiewire. She taught film criticism at USC Critical Studies, and continues to host the fall semester of “Sneak Previews” for UCLA Extension.