DreamWorks Animation

Analysis: 3D Entertainment the Next Big Thing at CES 2009

Authored by Jay Baage on January 9, 2009 - 11:17am.
Las Vegas – What is the next big thing at CES 2009? To me, the answer is clear: 3D Entertainment. Disney and Dreamworks have made commitments to produce movies in 3D and sneak peaks of the coming Dreamworks Animation 3D movie Monsters vs. Aliens look amazing, both on the big screen during Sony’s keynote yesterday and on HDTV in Intel’s booth. Mark Cuban even called 3D movies "The LSD of 2009" during a CES interview. And 3D is making its way into video games as well. I played Guitar Hero in 3D thanks to NVIDIA’s 3D Vision kit, which combines high-tech wireless glasses, a high-power IR emitter and advanced software to create a stereoscopic 3D experience for hundreds of existing PC games.

DreamWorks Plans 3D Super Bowl Ad for "Monsters vs. Aliens"

Authored by Mark Hefflinger on January 5, 2009 - 12:45pm.

Los Angeles - DreamWorks Animation (NYSE: DWA) plans to give out some 150 million pairs of 3D glasses for a 3D Super Bowl telecast ad promoting its upcoming animated feature, "Monsters vs. Aliens," the Associated Press reported. The free glasses will be distributed at Pepsi/SoBe Life Water displays in 28,000 retail locations, in a marketing stunt that "involves tens of millions of dollars," DreamWorks Animation CEO Jeffrey Katzenberg told AP.

DreamWorks Animation, Intel Partner on Digital 3D Movies

Authored by Mark Hefflinger on August 21, 2008 - 12:54pm.

San Francisco - DreamWorks Animation SKG (NYSE: DWA) has announced plans to produce all of its forthcoming films in digital 3D, starting with "Monsters vs. Aliens" in March 2009, and has partnered with chipmaker Intel (NASD: INTC) on the technology, Reuters reported. The companies are collaborating on a new 3D movie image brand called InTru 3D, which will combine Intel's new standalone graphics chip with 3D technology the company acquired from start-ups.

Intel, DreamWorks Animation Team on 3D Filmmaking

Authored by Mark Hefflinger on July 8, 2008 - 11:51am.

Santa Clara, Calif. - Intel (NASD: INTC) announced on Tuesday that it has formed a strategic alliance with film studio DreamWorks Animation (NYSE: DWA), aimed at "revolutionizing 3D filmmaking technology," the companies said. Under the agreement, Intel will provide DreamWorks Animation with advanced chips, as well as software engineers to optimize DreamWorks' applications for these advanced processors, which Intel said will allow DreamWorks to "render higher quality images more quickly and to modify them with greater ease." The first film to be produced under the partnership will be "Monsters vs. Aliens," set for release next March.

Paramount, DreamWorks Announce Exclusive HD DVD Support

Authored by Mark Hefflinger on August 20, 2007 - 1:12pm.

Los Angeles - Movie studios Paramount Pictures, a unit of Viacom, and DreamWorks Animation announced on Monday that they will now exclusively release their high-definition movies on HD DVD, abandoning support for Sony's rival Blu-ray format.

Gameloft Developing Mobile Game for DreamWorks' "Shrek the Third"

Authored by Mark Hefflinger on April 23, 2007 - 12:08pm.

New York - Mobile game developer and publisher Gameloft announced on Monday an international licensing agreement with DreamWorks Animation, to create a mobile game based on the upcoming film, "Shrek the Third." The game is slated for release across 170 wireless carriers in over 75 countries.

AOL Announces Slate of Five New Online Shows

Authored by Mark Hefflinger on April 17, 2007 - 12:08pm.

Dulles, Va. - As part of a major strategy push toward online video, AOL on Tuesday announced five new Web-based programs that it will produce in partnership with production companies such as Mark Burnett, DreamWorks Animation and Telepictures.

Animated Film Producers Aardman Sign with Sony Pictures

Authored by Mark Hefflinger on April 4, 2007 - 1:43pm.

Bristol, England - Aardman Features, the U.K.-based animated film studio behind movies like "Chicken Run" and "Wallace & Gromit," announced that it has signed a new three-year deal with Sony Pictures Entertainment.

DreamWorks Animation to Produce All Features in Stereoscopic 3D

Authored by Mark Hefflinger on March 13, 2007 - 4:54pm.

Glendale, Calif. - DreamWorks Animation announced on Tuesday that, beginning in 2009, it will produce all of its films using stereoscopic 3D technology. "I believe that this is the greatest opportunity for movies and for the theatrical exhibition business that has come along in 30 years," said DreamWorks Animation CEO Jeffrey Katzenberg. "Advancements in sound have dramatically improved the auditory experience, but there hasn't been a corresponding breakthrough in the way we see movies until now." The company's first production using the format, "Monsters vs. Aliens," is slated for release in the summer of 2009, when "several thousand screens" are expected to be equipped for 3D.

DreamWorks Animation Parts With "Wallace & Gromit" Producer Aardman

Authored by Mark Hefflinger on January 31, 2007 - 11:00am.

Glendale, Calif. - Movie studio DreamWorks Animation SKG announced that it has ended its exclusive production agreement with Aardman Animations, with which it has released the films "Chicken Run," "Flushed Away" and the Academy Award-winning "Wallace & Gromit: The Curse of the Were-Rabbit."

DreamWorks Animation Cancels Offering, Discloses SEC Probe

Authored by Mark Hefflinger on July 11, 2005 - 10:54am.
Glendale, Calif. -- DreamWorks Animation, the digitally-animated film studio responsible for films including "Shrek," "Shark Tale" and "Madagascar," announced on Monday that it has withdrawn a planned $500 million secondary stock offering, lowered its second quarter outlook, and disclosed that it is the subject of an SEC probe. "Based on the current valuation of our shares, we believe it is in the best interest of all parties, including the company and its current shareholders, to withdraw the offering at this time," said CEO Jeffrey Katzenberg. The company additionally disclosed that the SEC has launched an informal inquiry concerning securities trading and the financial results it reported in May; the company is also the target of a half-dozen shareholder class action lawsuits, over a purported share price inflation related to "Shrek 2" sales predictions. DreamWorks Animation on Monday lowered its second quarter outlook from "no profit" to anticipate a loss of between $0.07-$0.09 per share, citing weaker-than-expected DVD sales.

"Shrek" Producer DreamWorks Animation Raises $812 Million in IPO

Authored by Mark Hefflinger on October 28, 2004 - 4:49am.
Glendale, Calif. -- DreamWorks Animation, the computer-animated film production unit behind the successful "Shrek" franchise, raised $812 million in its initial public offering of shares (IPO) yesterday, and saw its stock rise nearly 40% in its first day of trading on Thursday. The company has estimated a share price of between $23 and $25, but the IPO price outperformed at $28 and climbed to close at $38.75 today. DreamWorks Animation will be headed by CEO Jeffrey Katzenberg, while David Geffen will sit on the board and former Pepsi chairman and CEO Roger Enrico will serve as chairman. The company will use funds from its IPO to pay off debt and fund future productions, which in 2005 will include "Madagascar" and "Wallace & Gromit."