DreamWorks Animation

DreamWorks earnings fall but beat expectations SAN FRANCISCO (MarketWatch) -- DreamWorks Animation SKG reported a 48% drop in third-quarter earnings Tuesday afternoon, though the company's results came in better than Wall Street's estimates...

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...11 per cent to $135.4 million, beating the $127.9 million average of estimates. DreamWorks Animation is increasing production to three movies next year. The DVD for Monsters vs. Aliens, this year's only film, didn't reach stores until...

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...could be pressured if animated films have finally succumbed to the DVD slowdown. And lower DVD prospects will diminish the takeout multiple should the recent speculation that DWA will be sold to a larger media company turn out to be true.

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...style. "If it's good storytelling, the medium becomes invisible to the audience," said Bonnie Arnold, a producer whose credits include Pixar's "Toy Story," Disney's "Tarzan" and DreamWorks Animation's "Over the Hedge." Dick Cook,...

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...in the third quarter. This week, the company also said that in January it would end the Broadway run of "Shrek the Musical," an expensive production that has seen its grosses dwindle since the end of summer. A national tour is to begin...

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...helped DreamWorks Animation beat expectations for the second quarter, at a time when the rest of Hollywood is agonising over the decline of the DVD. DVD sales have fallen across Hollywood but DWA seems to be bucking the trend. Jeffrey...

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...sales and the first weeks of DVD sales domestically proved to be higher than expected. In a conference call with analysts, DreamWorks Animation chief Jeffrey Katzenberg disclosed that the company had decided not to produce a sequel to...

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...is in a buying mood. Variety's Peter Bart last month named the DreamWorks Animation movie studio as a target, and Viacom, which distributes DreamWorks movies through its Paramount division, as a rival suitor. Paramount is already in...

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