D’Works still virtual studio

HIGH POINTS: After two years, the report card for the feature film division of the upstart studio headed by Jeffrey Katzenberg, Steven Spielberg and David Geffen remains perfect. Having not yet released any feature films, the company is without a box office success or disappointment.

This is the last year that that will be true.

LOW POINTS: DreamWorks failed to break ground for a home at Playa Vista, due to a fracas with developer Maguire Thomas and opposition from environmentalists. The studio remains a virtual entity.

OUTLOOK FOR 1997: For DreamWorks, the past year was spent solidifying its management and signing talent deals. The coming year will find co-founder Spielberg directing his first effort for the company with the historical drama “Amistad.” The project is expected to lens in February for a possible fourth-quarter release through its long-term distribution deal with Universal.

The first DreamWorks releases will be live-action pics beginning with George Clooney starrer “Peacemaker,” which is set for the fall. Also set for this year are the Adam Rifkin-penned “Mousehunt,” starring Nathan Lane; “Blue Vision,” directed by Neil Jordan; and “Keeper.”

DreamWorks’ first animated pic, “The Prince of Egypt,” won’t appear in the bulrushes until 1998.

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