Layoffs at the Walt Disney Company’s studios and other units may take place in the wake of an internal cost-cutting review begun by the Mouse House several weeks ago, according to “three people with knowledge of the effort.”Read More
DreamWorks Animation had net income of $24.4 million for the third quarter ended September 30, up 24% from $19.7 million for the same period in 2011, the studio announced Thursday.
For the quarter, the company reported total revenue of $186.3 million. This compares to revenue of $160.8 million for the same period in 2011.Read More
First-quarter earnings at DreamWorks Animation SKG Inc. rose slightly in the first quarter as both revenue and costs increased, the studio announced Wednesday.Read More
The 101 animated films released from 2002 through 2011 more than doubled their investment, with average revenues running 108.4% higher than costs.Read More
The operator of the proposed Shanghai Disney theme park has succeeded in securing a 12.9 billion yuan ($2 billion U.S.) loan for the park’s construction, Chinese media reported Wednesday.Read More