July 30, 2012 |
Inner-City Arts, the nonprofit arts education organization in the Skid Row area of downtown Los Angeles, is receiving a donation of $250,000 from DreamWorks Animation, the organizations said Monday. The grant covers a five-year period and will go to support the DreamWorks Animation Academy at Inner-City Arts. In 2008, the movie company made a $500,000 donation to help establish the academy, which offers classes in digital arts, animation, graphic design and filmmaking. Inner-City Arts provides free arts education to disadvantaged youth from the downtown area and other parts of L.A. The organization also offers classes in the performing and visual arts. Future plans include student internships at DreamWorks Animation.
June 18, 2013 |
In the latest push to expand its television production business, DreamWorks Animation has signed a five-year deal to produce animated television shows for German broadcaster Super RTL. Under the deal, the creator of the "Shrek," "Kung Fu Panda" and "Madagascar" franchises will supply up to 1,100 hours of animated programming for Super RTL, the leading children's TV channel in Germany. The licensing agreement includes new television series inspired by DreamWorks' hit franchises and future films, the first two of which will be "How to Train Your Dragon" and a show based on the upcoming snail comedy "Turbo," set for release in July.
June 19, 2013 |
With the freshly-announced deals to produce animated television shows for Netflix and Germany's leading children's TV channel, DreamWorks Animation is well on the way to reinventing itself as a multifaceted media company. That's the message Chief Executive Jeffrey Katzenberg is imparting to Wall Street in the wake of the company's television deals with Netflix and Super RTL . "We're now on a path to becoming the biggest producer and distributor of high quality TV programming on a global basis," Katzenberg said in a conference call with analysts Tuesday. "DreamWorks is increasingly shifting from an animated film company into a multifaceted entertainment company.
February 12, 2013 |
DreamWorks Animation will create the first Netflix original series for kids -- a show based on next summer's animated film "Turbo. " The new series, "Turbo: F.A.S.T. " -- short for "Fast Action Stunt Team" -- is to debut in December in the United States and the 39 other countries where Netflix offers its online subscription service. The program will continue the animated exploits of the movie's snail hero, Turbo, who in the film pursues the improbable dream of competing in the Indianapolis 500. "Netflix boasts one of the largest and fastest-growing audiences in kids' television," DreamWorks Animation Chief Executive Jeffrey Katzenberg said in a statement.
December 9, 2012 |
DreamWorks Animation -- the Glendale studio that created the "Shrek" "Kung Fu Panda" and "Madagascar" movies -- on Sunday named former J.C. Penney President Michael Francis to the newly created position of chief global brand officer. Calling it one of his most important executive appointments, DreamWorks Animation Chief Executive Jeffrey Katzenberg said in an interview that Francis will play a pivotal role in helping the studio find new ways to build its branded characters around the world and across multiple outlets, including television, video games, books and theme parks.
July 31, 2013 |
With the help of some cavemen, DreamWorks Animation delivered stronger than anticipated profits in the second quarter. The Glendale-based company reported net income of $22.2 million, or $0.26 a share, on revenues of $213.4 million during the quarter ended June 30. That's well above the net income of $12.8 million, or $0.15 per share, and revenue of $162.8 million, during the same period a year ago. The results easily exceeded the 20...
July 22, 2013 |
Shares of DreamWorks Animation fell more than 7% Monday after analysts said the company could face a write-down after animated film "Turbo" had a disappointing opening weekend at the box office. "Turbo," which features the voice of Ryan Reynolds as a snail with dreams of winning the Indy 500, had a sluggish debut, bringing in $21.5 million over its first weekend in release . Piper Jaffray analyst James Marsh, who has a "neutral" rating...
August 1, 2013 |
After the coffee. Before figuring out a vacation. The Skinny: Another day inside the Beverly Hilton at the TV press tour. There are worse fates in life. Thursday's headlines include lots of earnings results (DreamWorks Animation, CBS, Sony) and some big cast changes coming to NBC's "Parks & Recreation. " Daily Dose: During NBC's press tour, Jennifer Salke, the network's entertainment president, said networks can't afford to be patient anymore with TV shows that are not successes right out of the box. Good thing cable doesn't feel that way. The latest season of "Breaking Bad," which premieres later this month, has more than doubled its audience since its 2008 premiere and lowered its median age from 45.7 to 40.5, according to Brad Adgate, a research executive at Horizon Media.
August 21, 2012 |
After the coffee. Before finding out why I haven't been asked to join Augusta yet. The Skinny: My cats want to become outdoor cats. I made the mistake of letting them wander around while I get my newspaper and now they are convinced there is a whole other world to explore. Don't they know that's the bad world? Tuesday's headlines include a new deal for DreamWorks Animation, NBC lands Michael J. Fox and appreciations of Tony Scott and Phyllis Diller. Daily Dose: There is a lot movement on the public relations front.
June 7, 2013 |
Even as DreamWorks Animation Chief Executive Jeffrey Katzenberg was in China this week crowing about the box office success of "The Croods", Chinese theater owners were ordered by regulators to end the movie's theatrical run two weeks earlier than anticipated. The move was widely interpreted as a way to make room for local animation films, underscoring how even the Hollywood studios that are the most successful in China can be subject to the unpredictable decisions of government authorities eager to expand their own film industry.