Business

The One Thing That Could Save DreamWorks Animation: China

At least one DreamWorks animated film has lost money for the past three years in a row: "Rise of the Guardians" in 2012 had an $87 million writedown; "Turbo" in 2013 resulted in a $13.5 million writedown; and this year's "Mr. Peabody & Sherman" caused a $57 million writedown. This is rather obviously not a sustainable trend from a business standpoint, and investors are beginning to worry about the studio's long-term prospects.

Business

First Look at $2.4 Billion Oriental DreamWorks Complex in Shanghai

Last week DreamWorks revealed the first renderings of the Dream Center, a 40-acre, $2.4 billion development in Shanghai, China. Scheduled to open in 2017 (or early-2018), the site will house the Oriental DreamWorks production studio, which is currently working on "Kung Fu Panda 3," as well as the world's largest IMAX screen, eight outdoor plazas, hotels, restaurants, theaters, galleries, and tourist attractions.

Books

DreamWorks Animation Launches Children’s Publishing Unit

DreamWorks Animation has announced the launch of DreamWorks Press, an in-house publishing operation that will produce digital and print books based on their popular properties like "Kung Fu Panda," "Madagascar," and "Shrek," as well as upcoming films like "B.O.O.: Bureau of Otherworldly Operations."

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