Jeffrey Katzenberg to Assume More Active Role in Production, Development at DreamWorks

  DreamWorks Animation is restructuring itself and adapting to the changing market in order to make two blockbuster films each year, with its CEO Jeffrey Katzenberg taking a more hands-on approach in More...

DreamWorks Animation Lays Off 400

Troubled DreamWorks Animation has begun laying off employees. Some reports say that up to 400 of its workers will be let go, most from its Glendale and Redwood City, California facilities where it employs More...

Rising Star Shia LaBoeuf Sells Very First House For $590, 000 After Moving Upscale Four Years Ago

– LaBeouf, one of Hollywood’s hottest properties these days, has said goodbye to the first  property that he  owned on his way to the top. – Shia LaBeouf/ Getty – Shia LaBeouf must More...

Jeffrey Katzenberg picks up a TV channel for $35 million – and its Awesome!

– Katzenberg’s DreamWorks Animation Studio have acquired AwesomenessTV, an Internet-based television network, geared towards the US teen market, for $35 million. – – / By Stanley More...