April 20, 2013 |
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 push into China. The chief executive of DreamWorks Animation was in Beijing on Friday to attend a news conference announcing a China film project called "Tibet Code," an adventure movie based on a popular Chinese book series set in ninth-century Tibet.
April 15, 2013 |
Forty years ago, the cinematic landscape was undergoing a seismic shift. Young Turk filmmakers such as George Lucas, Martin Scorsese, Francis Ford Coppola, William Friedkin and Terrence Malick were exploring unique and challenging themes. The black exploitation film was not only thriving but also enjoying crossover appeal. But probably no one in Hollywood was prepared for the martial arts mania that erupted the summer of 1973 when Warner Bros. released the kung fu epic "Enter the Dragon," starring the legendary Bruce Lee, who died at 32 shortly before the U.S opening.
February 26, 2013 |
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 a write-down of from $70 million to nearly $100 million on the film, which represented a rare box-office misfire for DreamWorks, creator of the popular "Shrek," "Kung Fu Panda" and "Madagascar" films. "Rise of the Guardians," which cost about $145 million to make, has generated $302 million in global box-office ticket sales since its debut in late November, well short of a typical DreamWorks Animation movie.
February 15, 2013 |
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 had signed a licensing agreement with Regions Group of Companies, which is developing what is billed as Europe's largest indoor theme parks. Regions says it's the fourth-largest retail property owner in Russia. The parks, scheduled to open in 2015, would be located in St. Petersburg, Moscow and Yekaterinburg and include various attractions based on DreamWorks characters.
February 6, 2013 |
DreamWorks Animation SKG Inc., the Glendale-based entertainment company led by Hollywood film veteran Jeffrey Katzenberg, is expected to lay off up to 20% of its 2,200-employee workforce, following a decision to shelve production of the movie "Me and My Shadow. " The animation industry giant, home of the animated "Shrek," "Kung Fu Panda" and "Madagascar" films, also said it was changing the release date for its movie "Mr. Peabody & Sherman" from Nov. 1 to March 7, 2014, at the recommendation of its new distributor, 20th Century Fox. As a result of the decision, "Me and My Shadow," which had been scheduled for release in March 2014, will suspend production and go back into development.
January 17, 2013 |
Hollywood studios aren't known as easy places to work. But DreamWorks Animation once again has made Fortune magazine's list of the 100 best employers. The Glendale studio behind the "Shrek," "Kung Fu Panda" and "Madagascar" movies ranked 12th in the 2013 list, just above Quicken Loans (which ranked 13th) and semiconductor company Qualcomm (11th). Google once again was ranked No. 1. DreamWorks, with 2,350 employees, was the only Hollywood studio to make the list, which will be released Thursday.