Dreamworks (DWA -2.8%) CEO Jeffrey Katzenberg says his company and Intel have developed new...

|About: Dreamworks Animation SKG Inc (DWA)|By:, SA News Editor

Dreamworks (DWA -2.8%) CEO Jeffrey Katzenberg says his company and Intel have developed new animation software that will enable the company to operate 50-70x faster. He says the average animator now produces just three seconds of video a week, while the new technology will revolutionize the industry simply in terms of waiting.