The path to "Sesame Street" just got a little longer for kids who watch the show via PBS.» Read More
Sept 2- DreamWorks Studios, the film company co-founded by Steven Spielberg, will split from Walt Disney Co after the release of his film, "The BFG," the Hollywood Reporter said, citing people familiar with the matter. Disney Studios signed a long-term, exclusive film distribution agreement with DreamWorks Studios principals Steven Spielberg and Stacey Snider...
NEW YORK— Comcast, which became a TV powerhouse by signing up Generation Xers, baby boomers and their parents, now is fighting for millennial eyeballs. The TV giant is investing in online media outlets like BuzzFeed and Vox that attract young viewers. It's setting up a streaming TV service for millennials who don't watch a boob tube.
District Judge Lucy Koh in San Jose, California, rejected the dismissal request by Walt Disney Co and its Lucasfilm and Pixar units, Sony Corp, DreamWorks Animation SKG Inc and 21st Century Fox Inc's Blue Sky Studios. A lawyer for Disney declined to comment, as did DreamWorks spokesman Dan Berger. The animators said the conspiracy originated with Pixar and...
Aug 4- Hollywood studio DreamWorks Animation SKG Inc reported a bigger-than-expected 40 percent jump in quarterly revenue, helped by the box-office success of "Home" and strength in its television business. "Home"- its only movie release of the year- had one of the best openings for an original movie made by DreamWorks, pulling in $54 million in its opening weekend,...
Aug 4- Hollywood studio DreamWorks Animation SKG Inc reported a near 40 percent jump in quarterly revenue, helped by the box-office success of its only movie release of the year, "Home". Net loss attributable to DreamWorks widened to $38.6 million, or 45 cents per share, in the second quarter ended June 30 from $15.4 million, or 18 cents per share, a year earlier.
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June 9- Fuhu Inc, creator of kid-friendly computer tablets, said it will launch a new tablet that includes content from Walt Disney Co, Dreamworks Animation SKG Inc, Discovery Communications Inc and others. The tablet, called nabi Pass Tab, has a $9.99 monthly fee for a two-year subscription, while a one-year subscription costs $14.99 a month.
U.S. stocks closed narrowly mixed on Friday as investors eyed developments in Greece and weighed a bond yield rally on a strong jobs report, which supports the case for a rate hike this year.
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April 30- Hollywood studio DreamWorks Animation SKG Inc reported a bigger-than-expected quarterly loss as the company spends heavily on restructuring and diversifying its business. Shares of DreamWorks, known for film franchises such as "Shrek," "Madagascar" and " Kung Fu Panda," fell about 5 percent to $24.70 in light extended trading on Thursday.
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April 30- Hollywood studio DreamWorks Animation SKG Inc reported higher-than-expected revenue, helped by the success of "Home" movie, its only release this year, and revenue from its "How to Train Your Dragon" franchise. DreamWorks said on Thursday that it earned $2.9 million from "Home", which was released on March 27, in the first quarter and $41.4 million in home...
April 30- Hollywood studio DreamWorks Animation SKG Inc reported a 13 percent rise in quarterly revenue, helped by the success of its "Home" animated movie, its only release this year. However, net loss attributable to DreamWorks widened to $54.8 million, or 64 cents per share, in the first quarter ended March 31 from $42.9 million, or 51 cents per share, a year earlier.
U.S. stocks closed down more than 1 percent on the last day of trade for April as investors weighed mixed data and continued weakness in the dollar.
U.S. stock index futures indicated a lower open as markets digested mixed data and major moves in the dollar and Treasurys, after the Fed statement.
The markets quickly shifted focus from the Fed meeting to the upcoming April jobs report.