Connect with us

Hi, what are you looking for?

Jewish Business News


DreamWorks Animation Stock Rises on Success of ‘Home’

“Home” is now the third largest non-sequel opening in DreamWorks Animation history.

DreamWorks Animation's 'Home'

DreamWorks Animation has gotten some badly needed good news this week. Its stock rose after the unexpected strong showing at the box office of its latest release “Home.”

On Monday DreamWorks Animation’s shares rose $1.68, or about 7%, to $24.36.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

Last year the company’s stock fell 40% due to losses from flops like Penguins Of Madagascar, Mr. Peabody & Sherman, Turbo, and Rise Of The Guardians.

Tony Wible, an analyst with Janney Capital Markets, said of the news that, “It’s a huge morale boost both for investors and employees at the company. The film business is what’s been languishing there, and these results mean they avoid another impairment and have found a possible other franchise.”

The film, which stars Rihanna and Steve Martin, grossed $54 million in the US over the weekend and another $47.5 million internationally according to This in spite of getting terrible reviews and only a 43% rating from the movie review website Rotten Tomatoes.

But it remains to be seen if the film will earn back its reported $130 million budget. It will not if its ticket sales plummet next weekend. The movie’s success last weekend may only have resulted from the slow movie season and little competition in the category of family films right now.

Fortunately for it, there are no other family films being released before this coming Easter wakened.

“Home, ” however, is now the third largest non-sequel opening in DreamWorks Animation history after “Kung Fu Panda” ($60.2 million) and “Monsters vs. Aliens” ($59.3 million).

“Home” will be the studio’s only release for the year 2015. Its next film is not due out until mid-2016.



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.