DreamWorks Animation SKG has cancelled a secondary stock offering and lowered its earnings estimates, the company said today. The studio now expects to lose between seven and nine cents a share during the second quarter of 2005, and it lowered its annual earnings expectations to between eighty and ninety cents a share. The company has […]
The Penguin characters from the movie Madagascar will be appearing in a video at the Second Annual High Performance Computing (HPC) Users Conference. The video by DreamWorks Animation depicts how HPC impacts the daily life of the average consumer and will be shown for the first time at the conference on July 13 in Washington, […]
DreamWorks and Dodge Caravan have joined forces to develop a marketing and advertising promotion to support the release of the animated film Madagascar and the Dodge Caravan National Sales Event. The promotion will consist of television, newspaper, direct mail, and point-of-sale materials. Canada Newswire Group has more on the promotion, running through June.
Abbey Gardy, LLP has filed a Class Action lawsuit on behalf of all purchasers of DreamWorks Animations SKG, Inc. securities between October 27, 2004 and May 10, 2005. The complaint alleges that DreamWorks issued a series of material misrepresentations to the market during the Class Period, thereby artificially inflating the price of DreamWorks securities. The […]
An article in the New York Times discusses the lack of impact DreamWorks’ Madagascar has had on the country it is named for (free registration required). The movie is not even being screened in the country, whose capital city has only two movie theatres showing martial arts movies and evangelical films.
DreamWorks Animation SKG has announced their next film collaboration with Aardman, a new comedy entitled Crood Awakening. Set in the Stone Age, Crood Awakening is a comedy about a big man in a small village called Crood. His position as “Leader of the Hunt” is threatened by the arrival of a prehistoric genius who comes […]
DreamWorks Animation SKG, Inc. today announced financial results for its first quarter ended March 31, 2005. For the quarter, revenue totaled $167 million and net income totaled $46 million, compared to revenue of $41 million and a net loss of $25 million for the same period in 2004. The improvement in both profit and revenue […]
The DreamWorks film Rocumentary, an animated feature based on the 1964 Beatles movie A Hard Day’s Night, has been put on hold, according to the Chicago Sun-Times. The film was to star four penguins from Antarctica who become the biggest rock band in the world. However, George Harrison refused to approve the idea before his […]