| Jan 23, 2015
| 10:47 AM
DreamWorks Animation stock tumbled after the studio announced layoffs and over $300 million in writedowns and charges.
The stock fell $1.95 or 9.5% to $19.27 in trading on Friday. Earlier in the session, DreamWorks stock hit a new 52-week low of $18....
| Jan 22, 2015
| 1:58 PM
DreamWorks Animation announced Thursday that it would cut 500 jobs in the wake of a string of box-office disappointments, the Los Angeles Times reports.
The Glendale studio also said it would take a $290-million charge in connection with the layoffs,...
| Jan 20, 2015
| 4:00 AM
DreamWorks Animation SKG, the upstart studio that once rivaled Walt Disney Studios in mining box-office gold from animated features, is embarking on a fresh round of layoffs following a string of disappointing releases.
DreamWorks is looking to shave as...
| Jan 19, 2015
| 1:42 PM
Stung by a series of box office misfires and failed sale attempts, DreamWorks Animation plans a substantial number of layoffs, two people familiar with the matter said.
In a move to cut operating costs, the Glendale studio intends to significantly reduce...
| Jan 4, 2015
| 5:55 PM
DreamWorks Animation announced that its chief creative officer Bill Damaschke will step down from his position as veteran producers Bonnie Arnold and Mireille Soria transition into co-presidents of feature animation, according to the Los Angeles Times. ...
| Oct 29, 2014
| 1:40 PM
DreamWorks Animation SKG, Inc. reported stronger-than-expected profits in the third quarter, fueled by the box-office success of "How to Train Your Dragon 2."
The Glendale-based animation studio earned a profit $11.9 million, or 14 cents a share, on...
| Oct 30, 2014
| 5:15 AM
DreamWorks Animation SKG Inc. reported a stronger-than-expected profit in the third quarter, fueled by the box-office success of "How to Train Your Dragon 2."
The Glendale animation studio earned $11.9 million, or 14 cents a share, on revenue of $180....
| Sep 30, 2014
| 5:00 AM
Few executives in Hollywood are as closely associated with their companies as Jeffrey Katzenberg is with DreamWorks Animation.
Katzenberg, 63, founded the company with Steven Spielberg and David Geffen in 1994 and oversaw construction of its Tuscan-...
| Sep 28, 2014
| 10:03 PM
DreamWorks Animation has evolved from a fledgling studio into a $700-million-a-year multimedia powerhouse, but Wall Street analysts said Sunday that the proposed acquisition by Japanese telecommunications giant SoftBank Corp. could help the studio weather...
| Sep 27, 2014
| 11:47 PM
Japan's SoftBank Corp is in talks to acquire DreamWorks Animation SKG , the Hollywood studio behind the "Shrek" and "Madagascar" movie hits, a person with knowledge of the situation said.
An acquisition of DreamWorks by SoftBank would make it part of a...
| Sep 27, 2014
| 10:09 PM
DreamWorks Animation, the studio behind the "Shrek," "Kung Fu Panda" and "Madagascar" movies, is in talks to sell the company to Japanese telecommunications firm SoftBank Corp., according to a person familiar with the talks.
Jeffrey Katzenberg, chief...