Dreamworks Animation SKG Inc
 (DWA)

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  • Apr. 29, 2015, 5:35 PM
  • Apr. 28, 2015, 6:29 PM
    • As part of YouTube committing to new original projects from top creators, the service signed a deal with the AwesomenessTV unit of Dreamworks Animation (NASDAQ:DWA) to create "several" feature-length films over the next two years, using YouTube creators and premiering on YouTube first.
    • For YouTube, it's a move to draw higher-quality ads with better content. AwesomenessTV, DreamWorks' millennial-focused channel, was acquired by the studio in May 2013 and most recently led its new New Media segment to $24.9M in revenues and $13.2M in gross profit.
    • AwesomenessTV also was key to a deal supplying 200 hours of original video to Verizon's upcoming video service. The channel features 7B views and 112M subscribers.
    • The first film from the DWA-YouTube collaboration should be out this fall.
    | Apr. 28, 2015, 6:29 PM
  • Apr. 27, 2015, 1:13 PM
    • Romantic fantasy The Age of Adaline (NYSE:LGF), starring Blake Lively, earned $5M at the box office on Friday, just ahead of Furious 7's $4.9M -- then the rest of the weekend happened, and Furious 7 (NASDAQ:CMCSA) became the first film to lead domestic box office for four straight weeks since 2012's The Hunger Games.
    • The racing film took in $18.3M to run its domestic total to $320.5M.
    • Paul Blart: Mall Cop 2 (NYSE:SNE) took second place with $15.5M in its second week, and The Age of Adaline drew $13.4M in total, just ahead of Home's (NASDAQ:DWA) $8.3M.
    • Furious 7's $1.3B global take makes it the fifth-highest grosser in history. Next up: Harry Potter and the Deathly Hallows: Part 2 at $1.34B.
    • Meanwhile, the film that will topple Furious 7 next weekend has already made a small mint overseas. Avengers: Age of Ultron drew $201M in overseas grosses (in only 55% of the global market) ahead of its May 1 U.S. release, presaging a massive haul for the Marvel (NYSE:DIS) sequel.
    • Its predecessor, Marvel's The Avengers, earned a record $207.4M domestically in its debut weekend in 2012.
    | Apr. 27, 2015, 1:13 PM | 3 Comments
  • Apr. 20, 2015, 1:07 PM
    • With its main competition coming from a security guard on a Segway, fast-driving Furious 7 (NASDAQ:CMCSA) led the box office for a third straight weekend with a healthy $29M, to close in on $300M domestically.
    • The Universal film outdrew the critically panned Paul Blart: Mall Cop 2 (NYSE:SNE), which clocked in with a surprisingly strong $24M. The film earned a fairly rare 0% on critic aggregator Rottentomatoes.com but is now projected to profit, considering its $30M budget.
    • As presaged by its fast start, Furious 7 blew past the $1B mark in global box office a few days ago.
    • Universal grabbed another win with Unfriended, an ultra-cheap ($1M budget) teen-bullying horror that earned $16M, good enough for third place over the $10.3M earned by animated feature Home (DWA +1.5%). In its fourth weekend, Home (the best bit of news for DreamWorks in some time) has tallied $142.6M.
    • On the other side of the spectrum, Child 44 (NYSE:LGF) -- which was banned in Russia -- debuted with just $600K in 510 theaters, a terrible trajectory for a film that cost $50M to make.
    | Apr. 20, 2015, 1:07 PM
  • Apr. 16, 2015, 1:31 PM
    • Verizon (NYSE:VZ) is turning to college sports for its mobile-first streaming video service, inking deals with a number of partners to fill out an offering that should have 20-30 channels later this year.
    • The company has deals with ACC Digital Network, Campus Insiders, CBS Sports, ESPN and 120 Sports to join its deal for 200 hours with Awesomeness TV (NASDAQ:DWA).
    • What does Verizon get? "Dozens of live major college games" from CBS and "select live college football and college games" as well as original-entertainment shows like 30 for 30 from ESPN (NYSE:DIS).
    • Pricing and packaging for the service are still unresolved, but Verizon does plan to offer it only via its mobile data plans at first.
    | Apr. 16, 2015, 1:31 PM
  • Apr. 15, 2015, 8:01 PM
    • Jeffrey Katzenberg, CEO of DreamWorks Animation (DWA +2.5%), took a 53% pay cut in 2014, reducing his pay to $6.4M from $13.5M, an aftershock of the studio's poor year, according to the company's proxy statement.
    • The difference? Mainly $6M in incentive pay that he received in 2013 but not in 2014. Other executives, including president Ann Daly and chief global brands officer Michael Francis, also saw their bonus pay vanish.
    • The company's first good news in a long time has come with the results of Home, its only 2015 release, which has drawn more than $130M in domestic grosses and $243M worldwide to break a string of flops. So some significant stock grants could come the execs' way if the company is in the black at the end of 2015 and 2016.
    • Previously: DreamWorks up 8% as moviegoers bring 'Home' the bacon (Mar. 30 2015)
    | Apr. 15, 2015, 8:01 PM
  • Apr. 13, 2015, 4:28 PM
    • Furious 7 topped domestic box office for the second straight weekend and kept on a straight course toward becoming the first in its seven-film series to gross $1B worldwide.
    • The record-seeing Universal (NASDAQ:CMCSA) film took $60.6M to bring its two-week U.S. total to $252.5M. It's one of only a dozen movies to reach $60M in its second weekend.
    • The film cruised past $800M globally, playing in 66 territories, and pushed the Fast & Furious series over $3B in grand total grosses.
    • Home (NASDAQ:DWA) continued to hold up in its third week, finishing second with $19M ($129.6M overall), just ahead of romantic new entrant The Longest Ride, with $13M.
    • Cinderella (NYSE:DIS) and Insurgent (NYSE:LGF) slipped to Nos. 5 and 6 respectively. Cinderella took $7.1M to bring its five-week haul to $180.7M ($436.8M worldwide), and Insurgent drew 6.7% to bring a four-week total to $114.7M ($250M worldwide).
    | Apr. 13, 2015, 4:28 PM
  • Apr. 10, 2015, 8:59 PM
    • Paramount Pictures' Interstellar (VIA, VIAB) debuted strong on top of the home-entertainment charts, surpassing some solid competition.
    • The film topped The Hobbit: The Battle of the Five Armies (NYSE:TWX) on Nielsen's VideoScan sales chart (DVD and Blu-ray).
    • The top five was rounded out by Big Hero 6 and Into the Woods (NYSE:DIS), and Penguins of Madagascar (DWA, FOXA).
    • The Hobbit sold 57% of Interstellar's units but only 39% of the Blu-rays of the visual-and-sound-heavy space adventure. Blu-rays accounted for 70% of total Interstellar sales.
    • The rampaging success of Furious 7 (NASDAQ:CMCSA) pushed the two previous series films, Fast Five and Fast & Furious 6, back into the top 20.
    | Apr. 10, 2015, 8:59 PM | 7 Comments
  • Apr. 6, 2015, 10:59 AM
    • Furious 7 exceeded all expectations and smashed an April box-office record with a $143.6M weekend -- and big international receipts of $204.4M (from 10,500 screens in 63 territories) point to a massive winner for Universal (CMCSA +0.5%).
    • Notably for a sequel -- where follow-ups usually do a fraction of the first film's business -- the newest entry got the biggest opening weekend of the seven-film series. And it has a relatively clear path to hundreds of millions more before May 1 brings the competition of a new Avengers.
    • Home, the sole 2015 release from DreamWorks Animation (DWA +1.7%), held up well in its second weekend with $27.4M, for a two-week total of $95.6M.
    • Will Ferrell-Kevin Hart comedy Get Hard (NYSE:TWX) took third place with $12.9M ($57M total gross), while Cinderella (DIS; $10.3M; $167.3M total) and Insurgent (LGF; $10M; $103.4M total) were fourth and fifth.
    • Previously: Box office sales and in-theater spending trending strong (Apr. 05 2015)
    • Previously: Holiday movie weekend: Universal to get 'Furious' opening (Apr. 03 2015)
    | Apr. 6, 2015, 10:59 AM | 1 Comment
  • Apr. 3, 2015, 10:00 AM
    • With a few small dramas and documentaries in competition, the way is clear for Universal's (NASDAQ:CMCSA) Furious 7 to dominate the box office, and early receipts suggest the film is well on track toward an April-record $115M weekend.
    • The seventh entry in the Fast and the Furious racing franchise pulled a strong $16.9M in a limited 34-market run on Wednesday, including 12 international markets. It opened in 33 more markets Thursday and will run in 63 markets over the weekend.
    • Other eyes will be on Home -- the high-stakes sole 2015 release for DreamWorks Animation (NASDAQ:DWA) -- to see if it can get legs from last week's strong $54M debut, and on whether Insurgent (NYSE:LGF) and Cinderella (NYSE:DIS) can stretch out gains from their female-heavy audience.
    | Apr. 3, 2015, 10:00 AM | 5 Comments
  • Mar. 30, 2015, 9:52 AM
    • DreamWorks Animation (NASDAQ:DWA) is up 8.2% after Home -- its only film release for 2015 -- led the weekend box office and beat its own expectations with $54M, the company's third-largest non-sequel opening.
    • Following a series of flops for DWA, the film was expected to draw about $30M-$35M.
    • Home is another standout child-focused success in a year filled with adult fare so far. R-rated prison comedy Get Hard (NYSE:TWX) took the No. 2 spot, drawing $34.6M.
    • Insurgent (NYSE:LGF) and Cinderella (NYSE:DIS) followed those two, adding to their considerable takes with $22M and $17.5M respectively. New foreign markets joined Cinderella, pushing it to more than $300M globally, and Insurgent has made $180M worldwide.
    • Kingsman: The Secret Service is a hit with legs for Twenty-First Century Fox (NASDAQ:FOXA), plugging away at sixth place this week (its seventh) with $3M, and passing $300M globally.
    • Previously: DreamWorks up 7.7%, on two-day surge as planning takes shape (Mar. 04 2015)
    | Mar. 30, 2015, 9:52 AM | 5 Comments
  • Mar. 12, 2015, 11:57 PM
    • The MPAA's report on global box office notes that 2014 sales were up 1% to $36.4B, lifted by China's industry -- the first time that Asian revenues passed those of other regions.
    • China's $4.8B made it the first foreign market to exceed $4B a year. Domestic sales of $10.4B were down 5%.
    • In 2013 the three major regions (North America, Europe/Middle East/Africa, Asia Pacific) essentially tied, but 2014 was the year of Asian box office share: 34.1% vs. 29.1% in EMEA and 28.6% in North America.
    • Among worries for the industry, The Hollywood Reporter notes 32% of North America's audience didn't go to a movie at all, and that steep dropoffs in ages 2-11 and 25-39 means the industry needs to look at long-term audience growth. (Frequent moviegoers make up just 11% of the population but buy 51% of the tix.)
    • The U.S. industry might be frontloaded for a rebound with a franchise- and sequel-heavy 2015 ahead, though.
    • Filmmakers: CMCSA, FOXA, TWX, VIA, DIS, DWA, SNE
    • Previously: DreamWorks touts Chinese venture, global projects (Mar. 04 2015)
    | Mar. 12, 2015, 11:57 PM | 1 Comment
  • Mar. 11, 2015, 7:59 PM
    | Mar. 11, 2015, 7:59 PM
  • Mar. 11, 2015, 12:51 PM
    • DreamWorks Animation (NASDAQ:DWA) is up 2.3% as Verizon (NYSE:VZ) seals a deal to add 200 hours of original video content to its upcoming video service from DWA's AwesomenessTV and DreamWorksTV, targeting teens and young millennials with over-the-top video.
    • The programming will include scripted and unscripted series as well as DreamWorks original characters.
    • AwesomenessTV, acquired by DreamWorks in 2013, features 7B views and 112M subscribers.
    • The deal will take some pressure off what some, like BTIG's Richard Greenfield, see as a heavy dependence on Netflix.
    | Mar. 11, 2015, 12:51 PM
  • Mar. 4, 2015, 8:45 PM
    • DreamWorks Animation's (NASDAQ:DWA) Chinese joint venture is "incredibly important" to the troubled company, CFO Fazal Merchant said today as attention turns from a rough Q4 to the next two years for the studio.
    • Thanks to co-founder Jeffrey Katzenberg's frequent visits to China, they're in a "blessed place" with Oriental DreamWorks, the partnership the studio formed with China Media Capital, Shanghai Media Group and Shanghai Alliance Investment to create family-friendly content.
    • The venture's first project, Kung Fu Panda 3, is due in 2016. The first two films in the Kung Fu Panda series drew worldwide grosses of $632M and $665M respectively, off production budgets of $130M-$150M.
    • Merchant was speaking at Morgan Stanley's Technology, Media & Telecom Conference and also proclaimed Netflix (NASDAQ:NFLX) "incredibly pleased" with their deal through 2017 (a good thing if DWA is as dependent on the streamer as rumored). "If there were issues, I don't think they'd be shy about telling us."
    • Shares finished the day up 5.7%.
    • Earlier: DreamWorks up 7.7%, on two-day surge as planning takes shape (Mar. 04 2015)
    • Previously: DreamWorks rallies -- but too dependent on Netflix? (Feb. 25 2015)
    • Previously: DreamWorks pummeled after brutal quarter; rough year ahead (Feb. 24 2015)
    | Mar. 4, 2015, 8:45 PM
  • Mar. 4, 2015, 3:20 PM
    • DreamWorks Animation (NASDAQ:DWA) is surging toward the close, up 7.7% now (and +10.9% since Monday).
    • The stock's been swimming in bad news after an awful quarter, but investors may be beginning to listen to chief Jeffrey Katzenberg, who says he's re-focusing on the core film business after some distractions in TV, consumer products and digital.
    • He expects the company to break even this year, however. The way forward for the company's divisions is varied and all depends on some extent to making hit movies again.
    • In that case, Cowen's Doug Creutz is still skeptical: "In the near-term, we think the trailers for Home are among the least appealing we have seen from the company," he says, adding most long-term changes won't hit until 2016 or later. Home, coming out this month, is DWA's only scheduled release for 2015.
    • Previously: DreamWorks to sell campus HQ to SunTrust unit (Feb. 26 2015)
    • Previously: DreamWorks pummeled after brutal quarter; rough year ahead (Feb. 24 2015)
    | Mar. 4, 2015, 3:20 PM
Company Description
Dreamworks Animation SKG Inc creates and exploits family entertainment, including animated feature films, television series and specials, live entertainment properties and related consumer products.