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DreamWorks Animation Is Said to Plan Several Hundred Job Cuts

2015-01-20 03:17:45| Toys - Topix.net

DreamWorks Animation SKG Inc. plans to cut several hundred jobs, according to a person familiar with the situation, as the "How to Train Your Dragon" studio seeks to rekindle its slumping movie-making operation. Chief Executive Officer Jeffrey Katzenberg is acting after a number of box-office disappointments, including "Turbo," "Mr. Peabody & Sherman," and the lowest-grossing of the four "Madagascar" pictures.

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Dreamworks Animation Continues Television Initiatives With Channel In Asia

2014-12-12 03:06:00| Toys - Topix.net

Shares of Dreamworks Animation have had a rough year. The animated film company has seen its box office release three movies with disappointing domestic box office revenue.

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Jeffrey Katzenberg's DreamWorks Animation strategyvisit|article-5924569|river-40369-1col-hp-0|1

2014-11-30 00:19:57| Toys - Topix.net

In the space of a few weeks, the mogul and co-founder of DreamWorks Animation SKG Inc. has been rebuffed by three high-profile potential buyers: Japanese telecommunications giant SoftBank Corp., Rupert Murdoch 's 21st Century Fox and Hasbro Inc. Katzenberg, known for driving a hard bargain, may have overplayed his hand. The studio executive was said to be pursuing a deal worth $3 billion - about $1 billion above the company's market value.

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Strategy of DreamWorks Animation CEO Jeffrey Katzenberg is questioned

2014-11-20 16:23:57| Toys - Topix.net

DreamWorks Animation's next animated sequel, "Penguins of Madagascar," is expected to do solid business when it debuts next week. Above, DreamWorks offices in Redwood City, Calif.

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DreamWorks Animation in talks to sell to Japan's SoftBank

2014-09-28 15:11:07| IT Services - Topix.net

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 executive of the Glendale studio, has been in discussions to sell the company he launched twenty years ago to SoftBank, which owns Sprint Corp. and recently dropped a bid to acquire T-Mobile.

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