Jeffrey Katzenberg-led animation studio reports revenues of $319 million, with $48 million in net income to cap year of restructuring; stock earnings of 55 cents per share exceed analyst expectations of just 16 cents.
Former Gaumont International Television executive to oversee the expansion of DWA’s television business into the live-action genre.
Former Spike TV exec previously served as director of development at Nicklelodeon and worked as a development executive at Walt Disney Animation Studios as part of the team that oversaw ‘Mulan,’ ‘Toy Story’ and ‘Hercules.’
Stock climbs 14 percent for the Jeffrey Katzenberg-led animation studio as revenues rise to $259 million and DWA revises projection for year to a $30 million profit.
District Judge Lucy Koh rejects the requests of Disney, DreamWorks, Pixar, Sony and other Hollywood studios to dismiss claims the companies violated antitrust laws by conspiring to suppress the wages of animation and VFX artists.
DWA head Jeffrey Katzenberg calls the studio’s second quarter financial results “solid,” bolstered by the theatrical release of ‘Home’ and expansion of the company’s television and new media businesses.
DreamWorks Animation re-sells its 13-acre Glendale campus under a deal worth $15 million to the cash-strapped studio led by Jeffrey Katzenberg.
Former Fox communications executive Dan Berger fills the void left by Chip Sullivan, who departed DWA in April for a job at NBC.
The Jeffrey Katzenberg-led studio exceeds analyst expectations with a 13 percent rise in revenues despite posting a $54.8 million loss for the period ended March 31, 2015.
Lawsuit contended that the roots of the anti-poaching agreements went back to the mid-1980s, when George Lucas and Ed Catmull agreed to not raid each other’s employees.
Studio chief Jeffrey Katzenberg calls 2015 ‘a reset year’ amid company restructuring.
The new DreamWorks feature animation co-president talks about her role as producer on the studio’s Oscar-nominated hit.
Approximately half of PDI’s 450 workers will lose their jobs; the others will be offered positions at the DWA campus in Glendale.
Studio moving feature production from three films per year down to two; reduction in output will result in a loss of approximately 500 jobs across divisions and locations.
Hearst acquires a 25 percent interest in teen-skewed multi-platform media company for a purchase price of $81.25 million.
Three class-action lawsuits over anti-poaching and wage-fixing deals by Disney, DreamWorks Animation, Sony Pictures Imageworks and other animation studios have been consolidated into a single complaint under the jurisdiction of antitrust federal judge Lucy Koh.
Directed by Tom Wheeler and featuring the voices of Bill Murray and Melissa McCarthy, ‘B.O.O.: Bureau of Otherworldly Operations’ was set to debut on June 5, 2015.
DreamWorks Animation stocks fall, Hasbro shares rise after merger talks end.
In a deal said to be at least 60 days off, DWA head Jeffrey Katzenberg would chair the combined operation to be called DreamWorks-Hasbro.
Quarterly revenue and earnings up 17 percent on strength of ‘How to Train Your Dragon 2.’
Separate negotiations to acquire DreamWorks Animation reportedly break down.
Japanese conglomerate SoftBank is reportedly in talks to acquire DreamWorks Animation in a deal valuing the company at $3.4 billion.
A new class-action suit is filed in Washington courts contending that studios such as The Walt Disney Co. and DreamWorks Animation conspired to suppress wages via “non-poaching” agreements.
DreamWorks Animation CEO is among the recipients of the National Medal of Arts for 2013, to be awarded on Monday, July 28, at a ceremony at the White House.
Emails and court documents from the Silicon Valley “Techtopus” wage-fixing cartel class action lawsuit show that Sony Pictures Animation resisted efforts made by other studios to keep wages down.
