First, the bad news: Dreamworks Animation had a net loss of nearly $55 million last year.
But now the good news: that’s a heck of a lot better than 2014 when the company lost upwards of $300 million.
As a reward for everyone’s hard work that resulted in the company losing only tens of millions instead of hundreds of millions of dollars, the company awarded raises to most of its top executives. The biggest benefactor was Dreamworks CEO Jeffrey Katzenberg whose compensation package, including stock awards, more than doubled. Katzenberg controls 60.7% of the company’s voting shares.