David Geffen: 'Dreamgirls' is my movie swan song
Hollywood media mogul David Geffen tells the Wall Street Journal that producing the film version of "Dreamgirls," the musical he brought to Broadway 25 years ago, will mark the end of his career as a filmmaker. "This closes a chapter for me," he insists. "I'm finished with the movie business."
WSJ notes, "He concedes that DreamWorks didn't turn out as he and his partners had hoped. By the time the movie and multimedia company was launched, his interest in the music business was on the wane and launching a movie studio was tough even with some of the biggest names in Hollywood involved."
"It's difficult starting a business from scratch," Geffen adds. "The next thing I do, I want to buy rather than start from scratch."
There is much speculation that the next thing he may do is purchase the Los Angeles Times, but the Tribune board of directors is weighing several offers and claims it will not arrive at a decision of what to do until the spring.
Photo: Geffen (right) posed with partners Jeffrey Katzenberg and Stephen Spielberg a year ago when Viacom bought their studio DreamWorks for $1.5 billion.