Also, DreamWorks Animation's "Home" recorded a respectable second weekend domestic gross.
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Blog: Cartoon Brew (Login to Add to MyJacketFlap)
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Blog: Cartoon Brew (Login to Add to MyJacketFlap)
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The bank that bought the campus just a few weeks ago is attempting to flip the property for a $65 million profit.
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DreamWorks CEO Jeffrey Katzenberg says that it has been "the hardest, most difficult, most painful eight weeks in our 20-year history."
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The 13-year DreamWorks veteran Alessandro Carloni will now co-direct "Kung Fu Panda 3" with Jennifer Yuh.
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Everything you wanted to know about the making of the Oscar-contending film "How to Train Your Dragon 2."
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Blog: Cartoon Brew (Login to Add to MyJacketFlap)
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Analyzing the performance and acting in the Academy Award-nominated "How to Train Your Dragon 2."
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Major layoffs are coming up at DreamWorks Animation; hundreds of people could potentially be let go.
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The major studios filed a motion last Friday in federal court asking a judge to dismiss the antitrust wage-fixing lawsuit that had been filed by animation industry employees.
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Blog: Cartoon Brew (Login to Add to MyJacketFlap)
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The wage-theft scheme operated by major American animation studios continues to grow with no end in sight.
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The National Board of Review named 'How to Train Your Dragon 2' the best animated film of the year.
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JacketFlap tags: Business, Hasbro, dreamworks, DreamWorks Animation, Jeffrey Katzenberg, Brian Goldner, Add a tag
Troubling new details about the abruptly-halted merger talks between DreamWorks Animation and Hasbro have been revealed.
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DreamWorks has removed the upcoming feature, "B.O.O.: Bureau Of Otherworldly Operations," from its scheduled June 5, 2015 release date.
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JacketFlap tags: Business, Hasbro, dreamworks, DreamWorks Animation, Jeffrey Katzenberg, Add a tag
Blog: PW -The Beat (Login to Add to MyJacketFlap)
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Insiders have been whispering that Hasbro the toy making giant, may buy Dreamworks Animation. The two companies would definitely find some of what they’re missing in one another.
A combination of the two companies could accelerate efforts at each to move beyond their core businesses. DreamWorks Animation has expanded into consumer products in recent years but lags behind Walt Disney Co. , and Hasbro had just changed tack on its entertainment business, selling off some of its stake in the Hub cable network withDiscovery Communications Inc. Hasbro, which has been contemplating such a deal for years, has clout with big retailers that DreamWorks could benefit from too, the person familiar with the talks said.
Hasbro has been pretty heavily involved in animation, despite the Discovery/Hub sell-off, so you can see why they’d want a full fledged animation studio. They just launched Allspark Pictures, a film division, which is already working on Jem and the Holograms ad My Little POny movies. Dreamworks Animation has been trying to get acquired, and a deal with Japanese telecom SoftBank Corp. fell apart just weeks ago.
Now its obvious what Hasbro brings to the deal: G.I. Joe, Transformers and My Little Pony. But Dreamworks has its own huge portfolio of characters: the Classic Media library which it purchased two years ago, including all the Harvey Comics characters, including Casper the Friendly Ghost, the Lone Ranger, Lassie, He-Man and She-Ra, Gumby, Voltron, AND all the Gold Key heroes, currently licensed to Dynamite. A huge list of characters, many of them still ripe for reboots, something HAsbro would probably be eager to do.
Scott Mendelsson at Forbes, has an interesting analysis of the move, pointing out that DreamWorks has been the victim of a lot of sky is falling reporting. As soon as one of their movies open at a mere $60 million, reporters say it’s a bomb even if it is a worldwide hit:
This has been a pattern for the animation giant. They have had a major film that opened perhaps somewhat below expectations or below unrealistic expectations which caused analysts to proclaim failure and DWA stock to take a hit, with few mea culpas being offered when said films went on to worldwide box office glory after the fact.
Shrek Forever After was written off as a stunning disappointment after it opened to “only” $70 million in May of 2010. Yes, that was far below the $122m debut of the third Shrek film, and that time I was absolutely among the guilty in presuming an eventual financial disappointment. Shrek Forever After displayed strong legs over the summer and eventually earned $238m domestic (still larger than any non-Shrek DWA feature) and $752m worldwide (DWA’s third biggest global grosser and 55% larger than the $484m worldwide cume of the original Shrek). Kung Fu Panda 2 was written off over Memorial Day 2011 when it “only” debuted with $66m over its Thurs-Mon debut (Kung Fu Panda opened with $60m over its Fri-Sun debut in 2008). Yet even as the film earned $165m domestic, well-below the $215m cume of the first film, it went on to earn $665m worldwide, above the $631m cume of Kung Fu Panda and still DreamWorks’ second-biggest non-Shrek film after 2012′s Madagascar: Europe’s Most Wanted ($746m).
So yeah, maybe a little Disney whispering there. If Hasbro does buy Dreamworks Animation, this could possibly jeopardize their deal with Disney/Marvel to make toys, as Disney and Dreamworks are rivals, with Dreamworks having been founded by Jeffrey Katzenberg after he stormed away from Disney in a huff long ago.
Obviously this is all still in the talking stages. Dreamworks stock is up, Hasbro is down since rumors surfaced; consider this a REAL life version of Convergence/Secret Wars!
Blog: Cartoon Brew (Login to Add to MyJacketFlap)
JacketFlap tags: Business, Hasbro, dreamworks, DreamWorks Animation, AwesomenessTV, SoftBank, Hearst Publishing, Add a tag
Although Japan's SoftBank wasn't successful in its bid to purchase DreamWorks Animation, DreamWorks CEO Jeffrey Katzenberg continues to seek a buyer for his animation studio.
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JacketFlap tags: DreamWorks Animation, Academy of Art University, Timothy Lamb, Artist of the Day, Monsters vs. Aliens, Mr. Peabody & Sherman, Add a tag
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JacketFlap tags: Advertising, Michelle Obama, dreamworks, DreamWorks Animation, Darrell Van Citters, Penguins of Madagascar, Renegade Animation, Steve Hickner, Add a tag
As DreamWorks Animation CEO Jeffrey Katzenberg knows, there's lot of benefits to being President Obama's BFF.
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JacketFlap tags: dreamworks, DreamWorks Animation, Benedict Cumberbatch, Penguins of Madagascar, The Graham Norton Show, Feature Film, Add a tag
The general public gets a lot of flak from the animation community for not being able to tell the difference between the studios that make mainstream CGI features.
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JacketFlap tags: Feature Film, dreamworks, Werner Herzog, DreamWorks Animation, Penguins of Madagascar, Eric Darnell, Simon Smith, Add a tag
Here's a 4-minute piece from the upcoming "Penguins of Madagascar" that DreamWorks Animation teased last weekend at New York Comic Con.
Add a CommentBlog: Cartoon Brew (Login to Add to MyJacketFlap)
JacketFlap tags: Shorts, dreamworks, DreamWorks Animation, Rocky and Bullwinkle, Gary Trousdale, Add a tag
A two-minute clip from "Another Fine Moose You’ve Gotten Me Into, or The Man In The Iron Moose!" directed by Gary Trousdale at DreamWorks Animation.
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I think Hasbro also still owns Dungeons and Dragons. I’d be really pleased if this acquisition meant we finally got a decent film out of that franchise. Bonus points if Minsc and Boo feature.
OMG, another Minsc & Boo fan! And here I thought I was the only one….
*squeak*
At one point there were rumors (maybe fueled by fanboy wishmaking rather than fact?) that Disney might buy Hasbro. Since Hasbro owns Rom and Micronauts, one of the consequences of this would be the return of those properties to Marvel Comics.
Obviously a merger/acquisition between the two companies would put that kind of scenario even further out of reach.
Hey, they still own ASH.
I think Hasbro also still owns Dungeons and Dragons. I’d be really pleased if this acquisition meant we finally got a decent film out of that franchise.
TSR sold the film rights for D&D back before they went bankrupt in the late 90s (before they were acquired by Wizards of the Coast – who was eventually bought by Hasbro). Hasbro and the current rights holder are currently involved in a lawsuit that AFAICT hasn’t been decided yet though the trial ended in September.
Looks like things have fallen through:
http://www.hollywoodreporter.com/news/dreamworks-animation-hasbro-end-merger-749215
Does DWA produce much television programming?
I don’t recall any of their features being spun off onto cable.