Judge Throws Out Securities Suit Against DreamWorks Animation
A class action lawsuit over securities fraud filed against DreamWorks Animation has been thrown out by a federal judge. The suit was brought over alleged improprieties surrounding the company’s write down More...
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...
Rumors of a Softbank Buyout of Dreamworks Sees Rude Awakening
There was plenty of chatter about a possible takeover of Dreamworks Animation by Softbank, as reported in this Jewishbusinessnews article. However, the Wall Street Journal says these talks have cooled and More...
Spielberg, Geffen and Katzenberg Dreamworks Sued over Flop
Steven Spielberg, David Geffen and Jeffry Katzenberg are in legal trouble. Their Dreamworks Animation SKG has been sued by one of its investors over alleged violations of Federal Securities Laws. Charles More...
Dreamworks CEO Jeffrey Katzenberg’s Snail-Paced Writedowns Get SEC’s Attention
– Dreamworks’ CEO Jeffrey Katzenberg is in trouble with the Securities Exchange Commission again over delayed writedowns. Ironically, this time it is a writedown following the making of Turbo, More...
Maya Rudolph to lend her voice to the “Big Hero 6”
– Maya, best known for her long running roles in “Saturday Night Live” has reportedly been signed up for one of the leading voice-over parts in Marvel Comics and Disney Studio’s latest More...