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DreamWorks Animation: Jeffrey Katzenberg's Survival Plan Relies on Hit Toons

Jeffrey Katzenberg diverted his attention from his core business of making family films, and it contributed to DreamWorks Animation racking up a whopping $300 million in losses last year — nearly half of what it generated in overall sales. 834 more words

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DreamWorks Animation To Sell Glendale Studio As It Grapples With Liquidity

DreamWorks Animation execs apparently failed to impress investors with their cautiously upbeat financial forecasts in a conference call after releasing a generally disappointing Q4 earnings report… 407 more words

Breaking News

DreamWorks Animation Posts $247.7 Million Loss After 'Penguins' Flop, Company Restructuring

DreamWorks Animation posted a massive fourth quarter loss of $247.7 million due to the company’s recent restructuring plans, which resulted in layoffs, the closure of its Northern California studio and changes in its film release strategy. 739 more words

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DreamWorks Animation Misses Q4 Loss Estimates With 'Penguins' Writedown

The studio had already told the Street to expect bad news including a big writedown. It included a $57.1 million impairment charge tied to Penguins Of Madagascar and Mr. 203 more words

Corporate Affairs

Hollywood Celebs Step Up Protests Against Hotels Owned By Anti-Gay Sultan

BEVERLY HILLS (CBSLA.com) — Hollywood stars are taking advantage of awards season to take a stand against hotels owned by the anti-gay Sultan of Brunei. 348 more words

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Bart & Fleming: James Dixon Wins; Katzenberg Woes; American Sniper Wows; 'Ghostbusters' Cast, Whoa!

Peter Bart and Mike Fleming Jr. worked together for two decades at Daily Variety. In this weekly column, two old friends get together and grind their axes, mostly on the movie business.  1,779 more words

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DreamWorks Ongoing Nightmare

To say that DreamWorks studio is living a virtual nightmare…would be an understatement. At this very moment its employees seem like characters in the 2009 film ‘Up In The Air,’ where they are going through an extensive interview process to see if they are keeping their jobs or not. 235 more words

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