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DreamWorks Animation in talks to sell to Japan's SoftBank
2014-09-28 15:11:07| IT Services - Topix.net
DreamWorks Animation, the studio behind the "Shrek," "Kung Fu Panda" and "Madagascar" movies, is in talks to sell the company to Japanese telecommunications firm SoftBank Corp., according to a person familiar with the talks. Jeffrey Katzenberg, chief executive of the Glendale studio, has been in discussions to sell the company he launched twenty years ago to SoftBank, which owns Sprint Corp. and recently dropped a bid to acquire T-Mobile.
Tags: sell
animation
talks
softbank
SoftBank to acquire DreamWorks Animation - report
2014-09-28 13:19:00| Telecompaper Headlines
(Telecompaper) Japanese mobile operator SoftBank is in talks to acquire US-based animation studio DreamWorks Animation, The Hollywood Reporter, citing unnamed people familiar with the matter. DreamWorks Animation reported a second-quarter net loss of USD 15.4 million in July, and revenues of USD 122.3 million. DreamWorks Animation's current CEO, Jeffrey Katzenberg, would remain the head of DreamWorks Animation, should the deal occur, with the executive signing a 5-year contract to remain its CEO, Variety reports. According to the same source, SoftBank is offering USD 32 per share to acquire DreamWorks Animation, higher than the studio's stock price of USD 22.36 as of 26 September.
Tags: report
animation
acquire
softbank
DreamWorks Animation Unwraps DreamPlace, Its Christmas Shopping Mall Attraction
2014-07-24 17:35:23| Beverages - Topix.net
Coca-Cola and merchandisers have been appropriating Santa Claus for years. Now DreamWorks Animation hopes to put its stamp on the myth by having Shrek introduce kids to St. Nick when they visit him at shopping malls featuring the studio's DreamPlace location based experience.
Tags: shopping
christmas
animation
mall
DreamWorks Animation, Fuhu launch nabi DreamTab HD8
2014-06-02 23:40:39| Auto Parts - Topix.net
On The Fly: Analyst Upgrade Summary Today's noteworthy upgrades include: Andersons upgraded at BMO Capital... AutoZone upgraded to Buy from Hold at Gabelli... Auxilium upgraded at MKM Partner... ConocoPhillips upgraded to Buy from Neutral at Guggenheim... DreamWorks Animation upgraded to Hold from Sell at Topeka... FormFactor upgraded at B.
Tags: animation
launch
dreamworks
nabi
Hasbro, DreamWorks Sign Product Agreement
2013-08-02 02:49:52| Toys - Topix.net
DreamWorks Animation SKG Inc. has signed an agreement to have Hasbro Inc. make toys and games based on two upcoming animated feature films.
Tags: sign
product
agreement
hasbro