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DreamWorks Animation Reports $83M Loss for 2012 4th Quarter; Confirms Upcoming Layoffs

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DreamWorks Animation SKG, Inc., reported a Q4 2012 loss of $83 million (98 cents per share) on revenues of $265 million, due to disappointing performance of Rise of the Guardians and a one-time charge of $54 million to return Me and My Shadow to development. During a conference call discussing DreamWorks’ quarterly results, CEO Jeffrey […]

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