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DreamWorks Animation SKG Inc

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  • Nasdaq stocks posting largest percentage decreases Friday, 23 Jan 2015 | 1:31 PM ET

    Altisource Portfolio Solutions SA fell 10.8 percent to $21.29. Virgin America Inc. fell 10.6 percent to $38.35. Home Loan Servicing Solutions Ltd. fell 10.4 percent to $13.76.

  • DreamWorks is responsible for huge hits like "Shrek" and " Madagascar," but more recent films such as "Turbo" and "How to Train Your Dragon 2" have not done as well as anticipated. DreamWorks now plans to focus on one original film and one sequel each year. Wible said in a research note that investors see higher risk and little growth from the company's core film division...

  • Jan 22- DreamWorks Animation SKG Inc will cut about 500 jobs, more than a fifth of its workforce, and produce one fewer movie a year as part of a major restructuring after a string of box-office misses. DreamWorks, which held unsuccessful buyout talks twice last year, said it plans to produce two feature films per year, down from three, and close its Northern...

  • Jan 22- DreamWorks Animation SKG Inc will cut about 500 jobs, more than a fifth of its workforce, and produce one fewer movie a year as part of a major restructuring after a string of box-office misses. Most of this charge will be incurred in the quarter ended Dec. 31 and the remainder by 2016. DreamWorks, which had about 2,200 employees as of Dec. 31, 2013, expects to...

  • DreamWorks cutting jobs, movie plans Thursday, 22 Jan 2015 | 4:45 PM ET

    The company, known for animated movies such as "Shrek" and " Kung Fu Panda," said it is narrowing its focus to one original film and one sequel each year. DreamWorks Animation SKG Inc. will take a $290 million pre-tax charge in connection with the restructuring. DreamWorks also announced a number of management departures, including Vice Chairman Lewis Coleman, Chief...

  • Jan 12- Walt Disney Co, Sony Corp and DreamWorks Animation SKG Inc urged a federal judge to throw out a antitrust lawsuit accusing them of conspiring not to poach each other's animators in order to keep wages down. District Judge Lucy Koh in San Jose, California, that the plaintiff animators took too long to sue by waiting until five years after the U.S. Department of...

  • DreamWorks names co-presidents of feature animation Sunday, 4 Jan 2015 | 9:01 PM ET

    NEW YORK, Jan 4- Hollywood movie studio DreamWorks Animation has appointed new co-presidents of feature animation while its chief creative officer is stepping down, the company announced on Sunday. Bonnie Arnold and Mireille Soria, who have both served as lead producers on DreamWorks franchises, will oversee production for the company's new theatrical...

  • Vice Media, known for its edgy videos, also said it has appointed as co-president James Schwab, who has advised media groups such as DreamWorks Animation SKG, The Weinstein Co and Discovery Communications Inc.. Vice secured $500 million investment in September from Silicon Valley's Technology Crossover Ventures and A+ E Networks. In October, the company teamed...

  • Dec 12- Hearst Corp said it will raise its stake in global credit rating agency Fitch Group to 80 percent from 50 percent in a deal valued at about $2 billion as the media giant diversifies away from its newspaper foundations. Paris- based Fimalac, which is selling the stake to Hearst, will retain a 20 percent interest in Fitch, the third-biggest rating agency behind...

  • Dec 9- DreamWorks Animation SKG said it plans to launch a 24- hour family-oriented television channel in 19 Asian countries during the second half of 2015 as part of its effort to expand television production and distribution. Shows running on the channel, including "All Hail King Julien", "The Adventures of Puss in Boots" and "How to Train Your Dragon", are based on...

  • DreamWorks to launch family TV channel in Asia Tuesday, 9 Dec 2014 | 8:14 PM ET

    Dec 9- DreamWorks Animation SKG said it plans to launch a 24/ 7 family-oriented television channel in Asia during the second half of 2015 as part of its effort to expand television production and distribution. Shows running on the channel, including "All Hail King Julien," "The Adventures of Puss in Boots" and "How to Train Your Dragon," are based on characters from major...

  • Dec 9- Dreamworks Animation Skg Inc. *Dreamworks Animation says it plans to launch a 24/ 7 kids and family television channel across 19 countries in Asia. *Dreamworks Animation says anticipates that channel will be available to audiences beginning in second half of 2015.

  • CUT! DreamWorks' script needs rewrite, say investors Thursday, 4 Dec 2014 | 11:01 AM ET
    Shrek and Jeffrey Katzenberg attend a DreamWorks event

    After going public 10 years ago, DreamWorks Animation has become one of the biggest disappointments on Wall Street.

  • Early Movers: AA, BIG, CCL, DSP, DWA & more Monday, 1 Dec 2014 | 9:07 AM ET

    Companies making headlines before the bell Monday:

  • LOS ANGELES/ NEW YORK, Nov 30- "The Hunger Games: Mockingjay- Part 1," the third film in the dystopian action series starring Jennifer Lawrence, collected $56.9 million to hold off advances by animated films "Penguins of Madagascar" and "Big Hero 6" and claim victory at the U.S. holiday weekend box office. "Penguins of Madagascar," the fourth in the series of "Madagascar"...

  • LOS ANGELES/ NEW YORK, Nov 30- "The Hunger Games: Mockingjay- Part 1," the third film in the dystopian action series starring Jennifer Lawrence, collected $56.9 million to hold off advances by animated films "Penguins of Madagascar" and "Big Hero 6" and claim victory at the U.S. holiday weekend box office. "Penguins of Madagascar," the fourth in the series of "Madagascar"...

  • YouTube celebrities try a new gig: Selling stuff Friday, 28 Nov 2014 | 1:51 PM ET
    Awesomeness TV's West Hollywood pop-up store.

    This holiday season some YouTube creators who have millions of subscribers are teaming up with retailers to sell a slew of products.

  • Midday movers: Allergan, CarMax, CBS & more Monday, 17 Nov 2014 | 1:03 PM ET

    Some of Monday's midday movers:

  • *Baker Hughes rallies, Halliburton tumbles after deal. The M&A news partly offset the declines as Allergan agreed to be bought by Actavis while Halliburton said it would buy Baker Hughes. Allergan and Baker Hughes were the top point gainers on the S&P 500..

  • *Baker Hughes rallies on Halliburton deal; crude futures fall. *DreamWorks shares slide as Hasbro talks stall. Merger and acquisition news offset the declines as Halliburton said it would buy Baker Hughes and Allergan agreed to be bought by Actavis.