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WHEN A LOSS IS AS GOOD AS A WIN Friday, August 12 2005 
Ordinarily
it's
not
considered
good
news
when
a
company
reports
a
$3.7-million
loss
in
a
quarter
after
posting
a
profit
of
$146.1
million
during
the
same
quarter
a
year
ago.
However,
DreamWorks
Animation
had
expected
--
and
forecast
--
a
far
more
sizable
loss,
and
its
stock
jumped
3
percent
in
after-hours
trading
following
release
of
the
company's
quarterly
financial
statement.
The
company
credited
sales
of
tie-in
products
to
the
movie
Madagascar
for
helping
to
(more)NBC UNIVERSAL LOOKING TO BUY DREAMWORKS Wednesday, July 27 2005 
NBC
Universal
has
opened
talks
to
acquire
DreamWorks,
the
live-action
film
business
that
remained
following
the
public
spinoff
of
DreamWorks
Animation,
the
New
York
Post
reported
today
(Wednesday),
citing
three
sources
familiar
with
the
matter.
The
report
follows
word
that
DreamWorks'
latest
production,
The
Island,
co-financed
with
Warner
Bros.,
flopped
disastrously
in
its
opening
weekend.
The
movie,
which
reportedly
cost
$120-130
million
to
make,
earned
just
$12.1
million
in
its
debut.
(more) |
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DreamWorks Animation chief Jeffrey Katzenberg confirmed Wednesday that his company plans to produce a sequel to its summer hit Madagascar -- he expects it to premiere in 2008 -- and to mount a Broadway musical production of Shrek. British publications have reported that DreamWorks will be partnering in the stage production with London-based Neal Street Productions, headed by Sam Mendes, who manages to direct hit movies and stage productions with equal accomplishment. (Mendes, who won the best director Oscar for 1999's American Beauty, is also reportedly at work turning a Broadway musical into a movie -- a film version of the Stephen Sondheim musical Sweeney Todd -- for DreamWorks.) Appearing at an investors conference in Pasadena on Wednesday, Katzenberg said that successful stage versions of movies can produce a steady revenue stream for a long time. "When these things work, they are very, very, very powerful and seem to go on for a very long time," he said.
