Dreamworks Animation SKG Inc (DWA) - NASDAQ
  • Jun. 30, 2014, 10:46 AM
    • Piper Jaffray lifts its ratings on DreamWorks Animation (DWA +3.1%) to a Neutral rating after having the entertainment stock slotted at Underperform.
    • The investment firm thinks the company has navigated around its worst patch of earnings news.
    • The studio didn't quite hit expectations with How To Train Your Dragon 2 which set off a wave of selling.
    | Jun. 30, 2014, 10:46 AM | 2 Comments
  • Jun. 18, 2014, 8:55 AM
    • DreamWorks Animation (DWA) acquires the rights to Felix the Cat.
    • CEO Jeffrey Katzenberg says the iconic cartoon character will be used in a fashion line being pushed out by the company.
    • "We plan to make him one of the most desired fashion brands in the world," says an optimistic Katzenberg.
    | Jun. 18, 2014, 8:55 AM | 2 Comments
  • Jun. 16, 2014, 12:45 PM
    | Jun. 16, 2014, 12:45 PM | 4 Comments
  • Jun. 16, 2014, 11:18 AM
    • A weekend box office take on How To Train Your Dragon 2 which fell below expectations prompts some frenzied selling in DreamWorks Animation (DWA -12.2%).
    • Though the $50M box was relatively strong and beat the haul from Dragons 1, expectations were running high that the studio would shake off its slump with Dragons 2 in a resounding way.
    • During the weekend, Dragons 2 was beat out by 22 Jump Street.
    | Jun. 16, 2014, 11:18 AM | 4 Comments
  • Jun. 16, 2014, 9:33 AM
    • DreamWorks Animation (DWA) launches DreamWorksTV on YouTube as a new avenue to promote its movie and TV franchises.
    • The company plans to launch some original programming on the YouTube property.
    | Jun. 16, 2014, 9:33 AM
  • Jun. 16, 2014, 7:11 AM
    • 22 Jump Street (SNE) and How to Train Your Dragon 2 (DWA) both cleared $50M at the box office during their opening weekend.
    • Movie analysts think the four-year gap between the two Dragon movies kept the movie below some of the lofty estimates for a +$65M opening.
    • Maleficent (DIS) fell to a $19M haul over the weekend and now has earned $165M.
    • Godzilla set records for Warner Bros. (TWX) in China during its opening run. The film earned over $25.8M for the first two days in the nation.
    | Jun. 16, 2014, 7:11 AM | 1 Comment
  • Jun. 12, 2014, 9:09 AM
    • DreamWorks Animation (DWA) has a lot riding on this weekend's opening of How to Train Your Dragon 2 after recent high-profile misfires from the studio.
    • Analysts see an opening weekend box office take of between $60M and $70M.
    • What to watch: Dragon 2 also opens in 20 international markets this weekend, and even more over the next week, where it will compete with the FIFA World Cup for attention. While many studios backed off from premiering films during the highly-watched soccer tournament, DreamWorks set its dragons loose.
    • DWA +0.3% premarket
    | Jun. 12, 2014, 9:09 AM
  • May 29, 2014, 9:22 AM
    • Netflix (NFLX) will air new seasons of DreamWorks Dragons under the terms of an exclusive deal the company has with DreamWorks Animation (DWA).
    • The Netflix launch of the kids series based on How to Train Your Dragon is set for spring of 2015.
    • DreamWorks Dragons previously ran on the Cartoon Network.
    • What to watch: How to Train Your Dragon 2 debuts in theaters on June 13. A strong showing could help boost the franchise across mediums for both DreamWorks and Netflix.
    | May 29, 2014, 9:22 AM | 7 Comments
  • May 4, 2014, 10:05 AM
    • DreamWorks Animation (DWA) CEO Jeffery Katzenberg fired out a warning to the movie industry during his talk at the Milliken Global Conference in Beverly Hills last week.
    • “Movies are not a growth business,” exclaimed the exec who cut his teeth on the medium.
    • Katzenberg sees a future where movies play for a short period of three weeks at theaters for $15.00 - followed by a run on TV at $4.99 and smartphones at $1.99. The forecast doesn't bode well for theater operators and associated businesses.
    • DreamWorks plans increasing its focus on shortform (digital and TV) in response.
    • Liberty Media (LMCA) CEO Greg Maffei also cautioned at the conference of a seismic change in the media industry as "clutter" from video games and social media crowds out traditional entertainment channels.
    • Movie studio stocks: DIS, LGF, SNE, VIAB, TWX, FOXA, VIA, CMCSA
    • Movie exhibitor/equipment stocks: CKEC, CNK, RGC, MCS, RDI, AMC, IMAX, DCIN
    • Related ETF: PBS
    | May 4, 2014, 10:05 AM | 23 Comments
  • Apr. 30, 2014, 8:24 AM
    • DreamWorks Animation (DWA) says it will take a $57M write-down to account for a poor box office showing for Mr. Peabody & Sherman.
    • The film's disappointing run dominated financial results for Q1.
    • The company reported consumer product sales of only $7.1M during the period.
    • What to watch: The studio has had a bumpy ride with its films over the last couple of years which has held back profits. This summer it releases How to Train Your Dragon 2 with the stakes getting higher for it to deliver a solid box office tally.
    • DWA -2.5% premarket
    | Apr. 30, 2014, 8:24 AM
  • Apr. 29, 2014, 4:17 PM
    • Dreamworks Animation SKG Inc (DWA): Q1 EPS of -$0.51 may not be comparable to consensus of -$0.08.
    • Revenue of $147.24M (+9.4% Y/Y) beats by $13.29M.
    | Apr. 29, 2014, 4:17 PM
  • Apr. 28, 2014, 5:35 PM
  • Apr. 28, 2014, 6:54 AM
    • DreamWorks Animation (DWA) is downgraded to an Underperform rating by Bank of America on growth concerns.
    • The price objective on the media stock is dropped to $22.
    • The company is scheduled to report on Q1 earnings tomorrow.
    | Apr. 28, 2014, 6:54 AM | 1 Comment
  • Mar. 24, 2014, 7:27 PM
    | Mar. 24, 2014, 7:27 PM | 30 Comments
  • Mar. 20, 2014, 9:27 AM
    • DreamWorks Animation (DWA) unveils plans for the entertainment complex it's building in Shanghai with local partners.
    • CEO Jeffrey Katzenberg says DreamCenter will rank along with NYC's Broadway district and London's West End as the world's greatest entertainment districts.
    • The cost for the project is reported to be $2.4B to mirror the large investment Disney is making in Shanghai Disney.
    • The big picture: The relationship between Hollywood and China continues to blossom as western pop culture icons start to take hold in the region. Companies such as DreamWorks Animation and Disney (DIS) see enormous opportunities to reboot their franchise properties in the nation.
    | Mar. 20, 2014, 9:27 AM
  • Mar. 13, 2014, 10:19 AM
    • Netflix (NFLX) announces three new series aimed at children from DreamWorks Animation (DWA -1.6%) will be released late in the year.
    • The shows to be debuted will be King Julien, Puss in Boots, and Veggie Tales in the House.
    • Netflix and DreamWorks Animation signed a first-run agreement last summer.
    | Mar. 13, 2014, 10:19 AM
Company Description
DreamWorks Animation SKG, Inc. engages in the business of development, production and exploitation of animated films and their associated characters in the worldwide theatrical, home entertainment, television, merchandising and licensing and other markets. It operates through two segments: Film... More
Sector: Services
Industry: Movie Production, Theaters
Country: United States