Tagged With: Dreamworks

Dreamworks Headline News

Intel, DreamWorks Animation Form Alliance To Revolutionize 3-D Filmmaking

Intel Corporation and DreamWorks Animation have formed a strategic alliance aimed at revolutionizing 3-D filmmaking technology, beginning with MONSTERS VS. ALIENS, which is slated for a domestic release date of March 27, 2009. As previously announced, DreamWorks Animation has committed to producing all of its feature films in stereoscopic 3-D beginning next year.

The strategic alliance will take advantage of Intel's visual computing products and tools and DreamWorks Animation's expertise in content creation to advance the in-theater entertainment experience.

Dreamworks Headline News

Spielberg, Reliance Still Talking

Representatives for Steven Spielberg and Indian conglomerate Reliance are continuing to speak daily about the terns of a proposed $1.5million deal that would create a privately-owned DreamWorks and produce some 30 films over the next five years, according to THE HOLLYWOOD REPORTER.

Series Headline News

DreamWorks Deciphers 39 Clues

DreamWorks has bought the screen rights to THE 39 CLUES, an adventure series being launched this fall by Scholastic Media, per VARIETY. Steven Spielberg is debating whether to direct the project, which is a 10-book series that includes collectible cards and an online game.

DreamWorks co-chair and CEO Stacey Snider and Scholastic Media President Deborah Forte closed the deal.

Because DreamWorks is on its way out the door at Paramount, it was unclear whether the project would remain at the studio.

Dreamworks Headline News

Paramount Hits $1 Billion Domestic Gross In Record Time

Coming off reaching the billion-dollar mark in international box office sales last weekend, Paramount Pictures has now also crossed the billion-dollar milestone on its domestic gross sales, making it the first studio to accomplish this feat this calendar year and besting last year's billion-dollar record by nearly three weeks.

Dreamworks Headline News

Spielberg And India Firm Close To DreamWorks Deal

The principals of DreamWorks SKG are close to a deal with one of India's biggest entertainment conglomerates, reports THE WALL STREET JOURNAL this morning.

According to people familiar with the situation, the deal would form a new movie venture, giving director Steven Spielberg the cash to finance his DreamWorks team's departure from Paramount later this year.

Mumbai-based Reliance ADA Group would provide Spielberg with $500 to $600 million in equity, moving them one step closer to leaving Viacom, which has been a contentious relationship from the start.

Dreamworks Headline News

DreamWorks' Stock Downgraded After Panda Release

MARKETWATCH reports that an analyst at UBS downgraded shares of DreamWorks to a sell rating today.

DreamWorks enjoyed a sizeable run-up on its shares leading up to the now-successful release of KUNG FU PANDA.

"We are downgrading the DreamWorks shares to Sell from Neutral reflecting our belief that the current share price exceeds the true intrinsic value of the company," analyst Michael Morris wrote in a note to clients.

Dreamworks Headline News

HP Technology Helps Kung Fu Panda Soar To New Creative Heights

Moviegoers worldwide are sure to be delighted by the breakthrough animation achieved through the combination of HP technology and DreamWorks Animation's creativity as DreamWorks Animation's KUNG FU PANDA, hits theaters today.

HP also partnered with DreamWorks Animation, Nickelodeon and McDonald's to bring KUNG FU PANDA to life outside the movie theater in fun, interactive ways, including an HP "The Computer Is Personal Again" TV spot featuring Po the Panda, downloadable activities and crafts, and a choreographed "The Panda" dance that the whole family can learn.

Dreamworks Headline News

DreamWorks Licenses Gaming Rights To Upcoming Feature Film

THQ and DreamWorks Animation have entered into an exclusive licensing agreement to develop and publish video games based on the studio's 2010 fall animated feature film.

The film, acquired under the working title of MASTER MIND, is due in theaters on November 5, 2010. The new agreement grants THQ exclusive rights to publish interactive games based on the DreamWorks Animation property for all console and handheld systems, wireless devices and Windows PCs.

Dreamworks Headline News

Atlantis To Rise For DreamWorks

DreamWorks has optioned the rights to ATLANTIS RISING, a comic book from Platinum Studios, according to THE HOLLYWOOD REPORTER.

Alex Kurtzman and Roberto Orci will produce the live-action feature adaptation for DreamWorks. Platinum chairman and CEO Scott Mitchell Rosenberg will also produce.

Dreamworks Headline News

Ghost In The Shell Bought By DreamWorks

DreamWorks has acquired the rights to GHOST IN THE SHELL, and plans to turn the Japanese manga into a 3D live-action feature, per VARIETY.

Steven Spielberg took an active role in the deal, telling VARIETY, "GHOST IN THE SHELL is one of my favorite stories," said Steven Spielberg. "It's a genre that has arrived, and we enthusiastically welcome it to DreamWorks."

Dreamworks Headline News

DreamWorks Buys Script From Newbies

The fantasy adventure script IMAGINARY FRIENDS has been purchased by DreamWorks, according to VARIETY.

Newcomers Cornelius Uliano and Bryan Schulz, who met at the Brooks Institute of Photography, were paid in the six-figure range for their work.

The studio is keeping the logline under wraps.

Million Headline News

Dragon Delayed To 2010

DreamWorks Animation will wait to release the 3D flick HOW TO TRAIN YOUR DRAGON until March 26, 2010, a less crowded date, according to THE HOLLYWOOD REPORTER.

DRAGON was previously scheduled to open on Nov. 20, 2009, where it would have been competing with A CHRISTMAS CAROL with Jim Carrey and James Cameron's AVATAR, both in 3D.

Dreamworks Headline News

DreamWorks Comes to Dubailand

Development company Tatweer, a member of Dubai Holding, announced it has formed a strategic alliance with DreamWorks Animation SKG, Inc. to develop a diverse portfolio of tourism and leisure projects in Dubailand, the world's most ambitious tourism, leisure and entertainment destination. A highlight of the alliance will be the creation of a 5 million-square-foot DreamWorks Animation branded theme park in Dubai.

Dreamworks Headline News

Musical Shrek To Hit the Boards

DreamWorks Theatricals and Neal Street Productions, Ltd. have announced that SHREK THE MUSICAL will play an exclusive world premiere engagement at The 5th Avenue Theatre in Seattle, August 14th to September 21st, prior to opening on Broadway in the Fall of 2008. Preview performances will begin in early November at a theater to be announced.

Production Headline News

DreamWorks Ups Damaschke and Batter

By Rick DeMott | Thursday, November 15, 2007 at 12:00am

DreamWorks Animation SKG, Inc. today announced that senior team members Bill Damaschke and John Batter have been promoted to Co-Presidents of Production for Feature Animation, with Damaschke also being appointed to the newly created position of President of Live Theatrical.

Imax Headline News

IMAX & DreamWorks Sign Four Pic Deal

By Rick DeMott | Wednesday, November 14, 2007 at 12:00am

IMAX Corp. and DreamWorks Animation SKG Inc. announced a deal to release the studio's first three 3-D motion pictures worldwide in IMAX 3-D. The IMAX 3-D releases will include MONSTERS VS. ALIENS in March 2009, HOW TO TRAIN YOUR DRAGON in November 2009 and SHREK GOES FOURTH in May 2010. A fourth DreamWorks Animation title, KUNG FU PANDA, will be released in IMAX's 2-D format in June 2008. The IMAX 3-D titles are expected to be among the first presented with IMAX's digital 3-D projection system, which is scheduled to be launched beginning June 2008.

Dreamworks Headline News

Paramount, DreamWorks Set 2009 for Transformers 2

By Rick DeMott | Thursday, September 27, 2007 at 12:00am

There's no script, Michael Bay has not signed on to direct, nor has Shia LaBeouf inked a deal to star, but Paramount and DreamWorks have a release date for TRANSFORMERS 2. Hoping to sign the director and star, as well as lock down a script, soon, the studios is eying June 26, 2009 as the release date for the sequel to this summer's blockbuster.

Dreamworks Headline News

Former Viacom CEO Freston Joins DreamWorks Ani Board

By Rick DeMott | Tuesday, September 25, 2007 at 12:00am

DreamWorks Animation SKG Inc. announced the election of Tom Freston to its Board of Directors.

Freston most recently served as President/CEO of Viacom, from January to September 2006. Prior to assuming this position, Freston was Co-President/Co-COO of Viacom and, previously, Chairman/CEO of MTV Networks. Under his leadership, MTV Networks grew to reach more 400 million households in 164 countries.

Dreamworks Headline News

Monsters vs. Aliens to Invade Earlier

MONSTERS VS. ALIENS, DreamWorks Animation's first-ever film produced in stereoscopic 3-D technology, has been pushed up to a March 27, 2009 release. The Paramount Pictures release had been previously slated for May 15 and now avoids splitting the market with James Cameron's 3-D/CG fantasy, AVATAR, which opens May 22. However, CLOUDY WITH A CHANCE OF MEATBALLS, the next 3D-animated feature from Sony Pictures Animation, is currently scheduled for March 27 as well.

Cross Headline News

DreamWorks Names New Chief Accountant

DreamWorks Animation SKG has announced that Philip Cross, who has been serving as a consultant to the company, has been named Chief Accounting Officer. Mr. Cross will be responsible for managing the company's accounting functions and will report to Lew Coleman, DreamWorks Animation's President and Chief Financial Officer.

Dreamworks Headline News

Paramount, DreamWorks Animation Exclusively Embrace HD DVD

The format war has heated up with Paramount Pictures and DreamWorks Animation each announcing exclusive support for the next-gen HD DVD format over Blu-ray Disc on a worldwide basis.

Animation Headline News

Bowling Green MoCap Team Takes FJORG! 'Viking Animator' Competition

Team MoCap from Bowling Green State University (Tomas Jech, W. Jacob Gardner and Jim Levasseur) took first place in the 32-hour FJORG! ''Viking Animator'' Competition for their animation SWITCH at SIGGRAPH 2007 in San Diego. Sixteen teams of three people each competed to create the most impressive character-driven animation of at least 15 seconds in length adhering to a strict set of rules and using only the resources provided at the conference.

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