When Google bought YouTube for $1.65 billion in 2006, people wondered how it would make money. Not anymore.» Read More
Or it could have been Michael Bay's sequel-reboot hybrid "Transformers: Age of Extinction," the lone movie to even approach $1 billion globally. Even though it's not due in theaters for more than a year, no other film captured the popcorn-hunger of moviegoers quite like J.J. Abrams' resurrection of George Lucas' space opera.
July 29- DreamWorks Animation SKG Inc said the U.S. Securities and Exchange Commission is investigating the company's write-down of film inventory on "Turbo". DreamWorks took an impairment charge of $13.5 million, or 12 cents per share, on "Turbo" in the fourth quarter due to the poor performance of the movie, about a garden snail that races in NASCAR.
July 29- DreamWorks Animation SKG Inc quarterly revenue almost halved as "How to Train Your Dragon 2" failed to fly as high as the first movie in the series. After a run of three weak movies, DreamWorks had pinned its hopes on "How to Train Your Dragon 2". The movie contributed 3.7 percent to the total feature film revenue of $69.7 million in DreamWorks' second quarter.
July 29- DreamWorks Animation SKG Inc's quarterly revenue almost halved as moviegoers gave a tepid reception to its dragon movie, "How to Train Your Dragon 2", released in June. The company reported a loss of of $15.9 million, or 18 cents per share in the second quarter, down from a profit of $22.2 million, or 26 cents per share, a year earlier.
The Fed meets for two days, starting Tuesday, and is widely expected to taper back its monthly bond buying program by another $10 billion to $25 billion - and do little else.
A crush of big cap earnings and arguably the most important economic reports until September make next week the busiest of the summer for markets.
No matter how hard Sam Johnson presses down on the spider, the creature known as Sparratus stays together. It was not always so. The FT reports.
Zynga is returning to Nasdaq compliance with two new board appointments.
It's time for the Lightning Round. Cramer makes the call on viewer favorites.
Gaming company Zynga said that Reid Hoffman and Jeffrey Katzenberg have stepped down from the company's board of directors.
Some of Monday's midday movers:
June 13- Zynga Inc said it was not in compliance with Nasdaq listing rules after two independent directors stepped down from the social gaming company's board on June 11. Zynga has until July 27 to submit a plan outlining how it intends to regain compliance, the company said in a regulatory filing on Friday.
Until he got the call Han Lei was living the American dream: working one of the most demanding jobs at Dreamworks' lighting department.
Netflix has purchased the earliest home video rights for Sony's animated films, which were previously owned by Starz.
The studio has thrown an estimated $250 million behind the flick, and a strong performance can buoy Fox after a string of disappointments.
Amazon will launch three original children's TV shows this summer for Prime members on the company's instant video service.
April 29- DreamWorks Animation SKG Inc reported a first-quarter loss, compared with a year-earlier profit, as the company took an impairment charge related to the weak box office performance of the movie "Mr.
Check out which companies are making headlines after the bell Tuesday: Twitter, eBay, Costco
April 29- DreamWorks Animation SKG Inc reported a first-quarter loss, compared with a year-earlier profit, as the company took an impairment charge related to the weak financial performance of the movie "Mr.
U.S. stock index futures pointed to a higher open, ahead of first quarter earnings from companies including Twitter and eBay.