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DreamWorks Animation beats expectations despite 40% profit drop
DreamWorks Animation posted a nearly 40% drop in profit in the first quarter while revenue remained virtually flat. For the three months ended March 31, the Glendale studio posted net income of $5.6 million, or 7 cents a share, on revenue of $135 million....
Tags: Richard Verrier, Earnings
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DreamWorks Animation sends its characters to Macao
DreamWorks Animation is placing another bet in China. The Glendale studio is partnering with one of Asia's largest resort operators to bring its characters to Macao. Dreamworks has signed a deal with Sands China, a subsidiary of the company that...
Tags: Richard Verrier, China
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Oriental DreamWorks and Chinese partners announce Tibet movie
Filmmakers doing business in China are often advised to avoid the three Ts, as in Taiwan, Tibet and Tiananmen Square. But that warning doesn't apply if you happen to be Jeffrey Katzenberg, the animation mogul who has been at the forefront of Hollywood's...
Tags: Richard Verrier, China
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DreamWorks' 'The Croods' is No. 1 at the weekend box office
It was a weekend of firsts at the box office. The No. 1 spot went to the first cave-man family in "The Croods," and "Olympus Has Fallen" star Gerard Butler had his first strong showing at the multiplex in years. The 3-D animated family film beat out...
Tags: Twentieth Century Fox Film Corp., The Croods (movie), Paul Rudd, Admission (movie), Tina Fey
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DreamWorks' 'The Croods' all but assured top spot this weekend
"The Croods" could club its way to box-office success this weekend, as the animated caveman movie looks certain to end up No. 1. The 3-D DreamWorks Animation film is likely to open with a solid $40 million, according to those who have seen pre-release...
Tags: The Croods (movie), Admission (movie), Tina Fey, Amy Kaufman
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DreamWorks renews movie output deal with Showtime
Premium channel Showtime will keep its pipeline of DreamWorks Studios' films flowing for five more years. Showtime Networks, a division of CBS Corp., and Walt Disney Studios, which handles theatrical distribution for Steven Spielberg and Stacey Snider's...
Tags: Showtime (tv network), Entertainment, Steven Spielberg, War Horse (movie), Meg James
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DreamWorks Animation takes $87 million write-down on 'Guardians'
DreamWorks Animation SKG said it would take an $87-million charge on last year's holiday movie "Rise of the Guardians," marking the largest write-down the studio has ever taken for one of its own movies. Analysts had estimated that the studio would take...
Tags: Services and Shopping, Kung Fu Panda (movie), Richard Verrier, Rise of the Guardians (movie), Shrek (fictional character)
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Technicolor to close Flower Street facility less than two years after opening it
Technicolor Inc. plans to close down its Flower Street facility in Glendale and lay off 50 employees by March 28, less than two years after opening the location, according to a recent state filing. Plans for the layoffs and closure, filed with the...Tags: Entertainment, Layoffs and Downsizing, The Walt Disney Co., Career and Workplace, Google Inc.
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Glendale City Council candidates spurn downtown residential development
While city officials have heralded Glendale's growing downtown core as a symbol of the city's economic revitalization, most of the City Council candidates at a forum this week took shots at the nearly 2,000 apartments in roughly a dozen buildings coming...Tags: Politics, Rentals, Glendale (Queens, New York), Local Elections, Google Inc.
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DreamWorks Animation licenses characters for Russia theme parks
DreamWorks Animation SKG is licensing its movie characters for various theme parks being developed in Russia, an increasingly important market for the Glendale-based studio. The creator of the "Shrek," "Madagascar" and "Kung Fu Panda" franchises said it...
Tags: Shrek (fictional character), Amusement and Theme Parks, Gardens and Parks, Russia, Travel
Apr 30, 2013
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Apr 30, 2013
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May 1, 2013
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Apr 22, 2013
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Apr 19, 2013
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Mar 25, 2013
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Mar 22, 2013
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Mar 14, 2013
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Feb 27, 2013
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Feb 21, 2013
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Feb 21, 2013
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Feb 18, 2013
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