After months of speculation, it was finally made official today that director Steven Spielberg is heading back to his former home at Universal Pictures, where he directed iconic classics such as Jaws, E.T. the Extra-Terrestrial and Jurassic Park. Back in September, a report surfaced that the director's next film The BFG was his is last under his deal with Disney, and that the filmmaker may take his DreamWorks company back to Universal. Part of that report speculated that Universal wanted Steven Spielberg back because he would be an important asset to the studio's potential remakes of Jaws and Back to The Future. Shortly after the Universal deal was announced, Deadline spoke with the filmmaker, who unequivocally shot down rumors of a Jaws remake.

"I would never remake one of my own movies - starting with Jaws - but there are Amblin titles in the library that could inspire new stories that were made popular by the films. There isn't a single title that I've earmarked, but yes, I would like to. I will be discussing that with Jeff (Skoll) and Ronnie (Meyer) and Donna (Langley). I would never remake Jaws."

The director's new company will be entitled Amblin Partners, which is aligned with Participant Media, Reliance Group and Entertainment One. The filmmaker added that this new company doesn't mean he's relinquishing his stake in DreamWorks, a company he co-founded with Jeffrey Katzenberg and David Geffen. The initial announcement earlier today revealed that the first film released under the Amblin Partners banner will be The Girl on the Train, which is set for release in October 2016. Deadline's report reveals that another DreamWorks project, director Lasse Hallström's family film A Dog's Purpose, has also shifted to Amblin Partners, with an early 2017 release date now set.

Universal Pictures signed a multi-year deal with Amblin, where the studio will market and distribute films produced by Amblin Partners domestically and in select international territories. Both Universal Pictures and Focus Features will handle distribution and marketing for approximately four to seven Amblin Partners films each year. It isn't known if this studio will be bringing any other DreamWorks/Disney projects over, but we'll have to wait and see how their initial slate lines up.

Ironically, just a few months ago, Universal released a fake trailer for Jaws 19, as part of the studio's 30th Anniversary celebration for Back to The Future, which Steven Spielberg executive produced. It seems this will be the closest fans will ever see to a sequel or remake of the filmmaker's beloved 1975 classic Jaws. Are you glad that a Jaws remake will never see the light of day? Let us know what you think, and stay tuned for more on the director's new company, Amblin Partners.