Dreamworks (DWA) +4.4% AH after announcing a new distribution deal with 20th Century Fox,...

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

Dreamworks (DWA) +4.4% AH after announcing a new distribution deal with 20th Century Fox, following earlier speculation that it might ink a deal with Sony (SNE). DWA says the five-year agreement with Fox "presents more favorable economics... taking advantage of lower costs associated with the emerging digital distribution landscape and managing domestic television distribution in-house."