It seems as though for some second-tier movie studios, all it takes is one ‘flop’ and their world comes crashing down regardless of previous success, as demonstrated by Dreamworks Animation, who last week announced their plans to lay off 350 employees after posting an $82.7m loss in Q4 2012.
Responsible for this demise was the poorly-received film Rise of the Guardians (based on a team of holiday and mythical figures teaming up to protect the world), which took $303m box office, the third...Read Full Story
DreamWorks Animation SKG, Inc. (Nasdaq: DWA) today announced that, at the recommendation of its distributor, Twentieth Century Fox, it has decided to change the domestic theatrical release date for Mr. Peabody & Sherman to March 7, 2014. The film had previously been scheduled for release on November 1, 2013. Me & My Shadow, which had previously been scheduled for release in March of 2014, will now return to development at the studio.
“Our distributor, who has had great success in March with...Read Full Story
Monday, I told a little story about how "Antz" was created solely to compete against "A Bug's Life". I described Jeffrey Katzenberg, the producer of "Antz", as an asshole for this business decision. And I stand by that story. As a behind-the-scenes look at things, that's how it happened. But it's not really fair to the movie, which was written and directed by people who only wanted to make a good movie and had little to do with the bigger corporate feud going on around them. It's not as...Read Full Story
You know how sometimes, two movies will come out in the same season, more or less about the same thing? Like when two studios both have competing Snow White movies and try to release them in the same summer?
Or that time two asteroid movies came out at the same time?
Or those two volcano movies?
Or those two movies about Truman Capote?
Or those two movies about ants?
Well, the studios always claim it's a coincidence, and sometimes it is. Sometimes the movies...Read Full Story
Into As part of a new partnership between DreamWorks Animation and Sands China, the study will debut its DreamWorks Experience at the Resort in Macau from 1 July 2013. supported by the Macao Government Tourist Office, the DreamWorks Experience is the result of a licensing agreement just signed which will see characters from Kung Fu Panda, How to Train Your Dragon, Shrek and Madagascar that attend events, shows and other offers throughout Cotai Resorts strip on the Sands Cotai...Read Full Story
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