Today DreamWorks Animation unveiled a partnership to do just that, with the “if you can’t beat ‘em, join ‘em” strategy. It’s partnering with China’s leading media companies: China Media Capital, Shanghai Media Group and Shanghai Alliance Investment to launch a new company called “Oriental DreamWorks.”
DreamWorks Animation attracted bullish option activity after reports that it will enter a joint venture with two Chinese media groups.
Netflix reportedly struck a streaming deal with DreamWorks Animation. But can the studio behind family hits like "Shrek" and "Madagascar" make up for the potential loss of Liberty Starz content?
Play along with the Fast team as we give you a word, and you guess if it’s the name of a publicly traded Chinese company, or a name of a lovable panda!
Stocks ended higher for the day on optimism over prospects of a Greek bailout package, despite several reports of economic weakness, but the gains weren't enough to erase a month of losses.
The good news: After fumbling earlier this year, the box office is back on track, thanks to a massive holiday weekend. This was a record-setting Memorial Day weekend — attendance hit 35 million, more than 10 million higher than a year ago, as Americans spent $280 million on movie tickets over the weekend, beating the record set in 2007 of $255 million.
Stocks added to gains reached on optimism over prospects of a Greek bailout package, despite several reports of economic weakness, but the gains weren't enough to erase a month of losses.