Marilyn Katzenberg and Jeffrey Katzenberg seen arriving at the 30th Annual American Cinematheque Awards Gala held at The Beverly Hilton Hotel, Beverly Hills, California, United States - Friday 14th October 2016
The announcement of Dreamwork's smaller slate led to a significant stock plunge.
Despite Dreamworks Animation’s big releases from 2014 – such as How to Train Your Dragon 2 and Penguins of Madagascar – the studio isn’t doing all that well financially. According to the Hollywood Reporter, the studio’s stock is plunging, after the announcement of layoffs and a smaller list of releases for 2015.
With the newly announced cuts, films like How to Train Your Dragon 3 hang in the balance.
The move comes after a string of costly box-office flops for the studio in recent years. This summer’s How to Train Your Dragon 2 earned $40 million less than the original at US box offices ($177 compared to $217) on a $145 million budget.
Continue reading: Dreamworks Stock Plumets After Job Cuts And Limited Line-Up Announcement
Sources say Softworks is in negotiations to acquire the animation studio.
DreamWorks Animation could be on the verge of being bought by Japanese conglomerate SoftBank, for the hefty price of $3.4 billion, it has been reported.
DreamWork's Mr Peabody and Sherman
The Hollywood Reporter writes that “a source with knowledge of the situation”, has said that the company is in talks to acquire the studio, in a deal that would see the company valued at $3.4 billion.
The CEO offered $75m for three more episodes.
Luckily, for true fans of Breaking Bad, Vince Gilligan and his trusty team shored up the plot without any real room for interpretation in the finale of Breaking Bad. But if things has gone Jeffrey Katzenberg’s way, we’d be looking at three more episodes of the AMC meth drama.
Never thought we'd say this, but that's enough, thanks
The CEO of DreamWorks Animation, announced during his keynote speech at the Mipcom Mart in Cannes that he offered a whopping $75 million for three more episodes. "The last series cost about $3.5 million an episode, so they would make more profit from these three shows than they made from five years of the entire series," stated Katzenberg, according to The Daily Mail.
Continue reading: If Jeffrey Katzenberg Had His Way, Breaking Bad Would Still Be Going
'Green Lantern' star Ryan Reynolds showed up at the 'Turbo' premiere in the AMC Loews Lincoln Square in New York. He plays the title character in the hilarious animated flick; a snail who wishes to defy his nature and become faster than the speediest IndyCar racer in the world.
Among arrivals at the 2013 White House Correspondents' Association Dinner at the Washington Hilton were 'Pitch Perfect' star Rebel Wilson with her sister Liberty, 'House of Cards' star Robin Wright, Oscar winning movie director Steven Spielberg and the Grammy winning John Legend.
The directing and writing duo of the animated family movie 'The Croods', Kirk DeMicco and Chris Sanders are among arrivals on the red carpet at the New York City premiere for the movie.
It's been a relatively quiet year for both Tom Hanks and Will Smith, though both teamed up for the Governor's Awards 2012 on Saturday evening (December 1, 2012). Producers of the show had enlisted the Hollywood giants to present DreamWorks Animation CEO Jeffrey Katzenberg with the first Oscar of awards' season.
Katzenberg received an honorary award from the Academy of Motion Picture Arts and Science for his humanitarian work. Smith introduced the revered producer, while Hanks gave fitting speech about the CEO's generosity and his fundraising efforts after the 9/11 attacks. "Jeffrey Katzenberg doesn't have to do any of these things. But Jeffrey Katzenberg cannot help but to do all of these things - it is in his DNA. Jeffrey Katzenberg is a brilliant man, a hardworking man, a visionary and one of the most powerful men (in Hollywood)." Joking about his time spent with Katzenberg, Hanks added, "It's not just the invitation to breakfast. It's the lunch that lasts exactly 47 minutes. It's the follow-up phone call. It's the tour of the facility. It's the follow-up phone call. It's the letter to remind you of the phone call and the tour of the facility. And finally, it's the contribution you make."
Elsewhere at the ceremony, Quentin Tarantino gave a speech for stuntman Hal Needham, who revolutionized the stunt business by appearing in 310 feature films. "He is the man," said the Django Unchained director, "Before he became a director, he pushed the boundaries of what could be done.I have ripped off many shots from you. Today, I say thank you very much."
Continue reading: Tom Hanks And Will Smith Team Up At Governor's Awards 2012
This years Governors Awards saw one heck of a turn out in terms of famous faces, with honouree Jeffrey Katzenberg and Academy Award-winning director Steven Spielberg just two of the big names in attendance at the black tie event.
This years Jean Hersholt Humanitarian Award was handed to Katzenberg, honouring his ongoing commitment to charity, with the the founder and chief executive of Dreamworks Animation set to be given his award during the Oscar ceremony in February 2013. Fellow honourees at the gala include arts advocate George Stevens, Jr., documentarian D.A. Pennebaker and stunt performer and director Hal Needham.
Sidney Poitier and Annette Bening introduced Stevens, speaking highly of his commitment to the arts before allowing him to the stage - where he thanked his late father for encouraging him to consider film a timeless art and "for opening the door for me to a creative life."
The cast of The Rise Of The Guardians were out in force at the AFI Festival last night (November 4, 2012) as the film made its long awaited premiere debut in Hollywood. Though there are many big screenings taking places across the festival's eight days, plenty of attention has been placed on the forthcoming 3D computer-animated fantasy-adventure film which, in addition to the attending Alec Baldwin, Jeffrey Katzenberg, Nancy Bernstein, Peter Ramsey and Christina Steinberg, also stars Hugh Jackman and Jude Law.
The sequel begins where part one left off. Ogre Shrek (Mike Myers) and his now equally ogre-rific wife Fiona (Cameron Diaz) embark on a hilarious honeymoon montage, complete with mermaid-tossing. They return to find Donkey (Eddie Murphy) still fulfilling his role as "annoying talking animal." Before they can kick him out, however, they receive an invitation from Fiona's parents, King Harold (John Cleese) and Queen Lillian (Julie Andrews), who want to meet their daughter's new husband. Unfortunately, they didn't see the first film, and have no idea that their daughter is now permanently of the green persuasion, as is their new son-in-law.
Continue reading: Shrek 2 Review