Monday, Nov. 03, 1997

HOLLYWOOD

By Jeffrey Ressner/Los Angeles

Next month the much anticipated lawsuit by DreamWorks SKG partner JEFFREY KATZENBERG against his former employer, Walt Disney Co., goes to court. Katzenberg says Disney owes him 2% of all profits generated by his work. Disney denies this, and a loss will be costly for the studio. Early estimates from the plaintiff's camp put that amount around $250 million. Now, following court-ordered discovery detailing Disney's finances and profits, projections run between $300 million and $500 million--much more than the $125 million payout to ousted executive Mike Ovitz.

--By Jeffrey Ressner/Los Angeles