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Viacom’s Paramount Pictures agreed to buy DreamWorks SKG for about $774 million, wresting the movie studio away from NBC Universal and securing the talents of Steven Spielberg. With DreamWorks, Paramount will increase its slate of films for 2006 to as many as 16, including movies that will be produced by Mr. Spielberg. To pay for the purchase, which includes about $826 million of debt, Paramount plans to sell DreamWorks’s library of titles for as much as $1 billion, the companies said yesterday.
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