tupek Posted August 30, 2014 Share Posted August 30, 2014 Yes, it was a disappointment. For me and for many others. However, today I see it like a bonafide success. 1 Quote Link to comment Share on other sites More sharing options...
Bulldawg626 Posted August 30, 2014 Share Posted August 30, 2014 (edited) SEOUL — Korean animation firm, Studio Mir has forged a 4-year contract with DreamWorks Animation spanning four animated TV series. Each series is expected to be a 78-episode 2-D show. Significantly, the two companies are set to co-develop and co-produce. Details of the financing and ultimate distribution were not disclosed. “The contract between DreamWorks and Studio Mir is a landmark in that it is a partnership of equals,” said Yoo Jae-myung, founder and CEO of Mir. The company is known in the U.S. for its “Legend of Korra,” which plays on Nickelodeon and was pitched to fans at last month’s Comic-Con. Korean companies have often been sub-contractors on international TV shows and animated films – a large portion of the animation of “The Simpsons” is handled by Korean firms including Anivision and AKOM – but they have rarely been full co-producers or co-owners of the IP. “This contract is a solid opportunity for the entire Korean animation industry to create a better workforce and infrastructure in the field of animation,” said Yoo. http://variety.com/2014/tv/news/koreas-studio-mir-inks-multi-series-deal-with-dreamworks-animation-1201293880/ I'm personally excited to see what Dreamworks and Studio Mir have in store with this deal. Edited August 30, 2014 by Bulldawg Quote Link to comment Share on other sites More sharing options...
terrestrial Posted September 4, 2014 Share Posted September 4, 2014 Not sure if this is the right place, but... Variety Insight @VarietyInsight 4 mins Michael Wright named @DW_Studios CEO http://variety.com/2014/film/news/michael-wright-to-replace-stacey-snider-at-dreamworks-as-ceo-1201297485/ … Quote Link to comment Share on other sites More sharing options...
chimpo Posted September 4, 2014 Share Posted September 4, 2014 DW Studios and Dreamworks Animation are two different companies. Quote Link to comment Share on other sites More sharing options...
terrestrial Posted September 4, 2014 Share Posted September 4, 2014 DW Studios and Dreamworks Animation are two different companies. Yes, but does this forum even have a 'normal' Dreamworks thread or is a tweet like this even of interest at all? I was hoping here are some people who might know / interested or... or point me in the correct 'direction' Quote Link to comment Share on other sites More sharing options...
The Futurist Posted September 4, 2014 Share Posted September 4, 2014 Katzenberg is a brilliant dude but his ego got the best of him in regards to what s happenning with DWA, his 3 movies a year strategy is a big fail. 4 Quote Link to comment Share on other sites More sharing options...
Mojoguy Posted September 5, 2014 Share Posted September 5, 2014 Underperforming movies? Shrek 5 coming in 3... 2... 1... Quote Link to comment Share on other sites More sharing options...
Sir Tiki Posted September 28, 2014 Share Posted September 28, 2014 Japanese conglomerate SoftBank is in talks to acquire DreamWorks Animation in a deal that would value the company at $3.4 billion, according to a source with knowledge of the situation. DWA founder and CEO Jeffrey Katzenberg would sign a five-year contract to remain with the company, according to the source, who says the DWA board held an emergency meeting Thursday to consider the offer. SoftBank is said to have offered $32 a share. DWA stock closed at $22 per share on Friday. A DWA spokesperson said, "We don't comment on rumors and speculation." [[...]] Katzenberg has long sought a buyer for his company, which began as the animation division of DreamWorks Studios and was spun off as a public company in 2004. DWA currently releases its movies through 20th Century Fox. DWA has been on a roller-coaster ride in the stock market as it moves from one release to the next. The issue in a prospective sale has always been valuation. The company's 2014 releases include the underperforming Mr. Peabody & Sherman, which grossed $273 million worldwide, and the more successful How to Train Your Dragon 2, which pulled in $611 million this summer. http://www.hollywoodreporter.com/news/source-dreamworks-animation-sale-talks-736164 Would be interesting if true. Quote Link to comment Share on other sites More sharing options...
Jonwo Posted September 28, 2014 Share Posted September 28, 2014 (edited) DWA going private would be the best thing for them since they wouldn't have to worry about their stock price when a film under performs I've always thought someone like would buy DreamWorks Animation eventually, surprised Katzenberg would stay after the sale, would have he would pass on the reigns and retire and DWA would benefit from new leadership Edited September 28, 2014 by Jonwo Quote Link to comment Share on other sites More sharing options...
lilmac Posted September 28, 2014 Share Posted September 28, 2014 I wonder how important Katzenberg still is to DWA. I'd like to think Pixar has creative geniuses outside of Lassetter. Is DWA dependent on Katzenberg's brilliance? Quote Link to comment Share on other sites More sharing options...
AniNate Posted September 28, 2014 Share Posted September 28, 2014 I wonder how important Katzenberg still is to DWA. I'd like to think Pixar has creative geniuses outside of Lassetter. Is DWA dependent on Katzenberg's brilliance? I'd say Dean DeBlois and Conrad Vernon are probably their biggest assets right now. 1 Quote Link to comment Share on other sites More sharing options...
lilmac Posted September 28, 2014 Share Posted September 28, 2014 I'd say Dean DeBlois and Conrad Vernon are probably their biggest assets right now. Thanks! Quote Link to comment Share on other sites More sharing options...
TServo2049 Posted September 28, 2014 Share Posted September 28, 2014 (edited) I thought Conrad Vernon left DreamWorks? He's doing Sausage Party for Sony. We also can't forget Chris Sanders (HTTYD1, Croods) and Jennifer Yuh-Nelson (Kung Fu Panda 2+3). Edited September 28, 2014 by TServo2049 Quote Link to comment Share on other sites More sharing options...
CaptainJackSparrow Posted September 28, 2014 Share Posted September 28, 2014 Hopefully they do get bought soon. Quote Link to comment Share on other sites More sharing options...
kowhite Posted September 28, 2014 Share Posted September 28, 2014 You know, HTTYD2 underperformed expectations, particularly since it's a good movie...but 600m+ worldwide? It's not like it did bad business. 1 Quote Link to comment Share on other sites More sharing options...
Jonwo Posted September 28, 2014 Share Posted September 28, 2014 You know, HTTYD2 underperformed expectations, particularly since it's a good movie...but 600m+ worldwide? It's not like it did bad business. HTTYD2 did very well compared to the last two films but Jeffrey likely needed it to a be a bigger hit, least it won't be another write off. 1 Quote Link to comment Share on other sites More sharing options...
AniNate Posted September 28, 2014 Share Posted September 28, 2014 I'm not sure if Vernon actually left. Could just be on loan like Bird was with MI4. Quote Link to comment Share on other sites More sharing options...
TServo2049 Posted September 28, 2014 Share Posted September 28, 2014 (edited) Interesting that these news reports are referring to HTTYD2 as a leggy success, not an underperformance. Regardless of the fact that it could/should have done better, it's still their biggest film OS and WW since Madagascar 3. Nevertheless, I bet these sale talks are indeed a result of the recent stock price rollercoaster ride. Edited September 28, 2014 by TServo2049 1 Quote Link to comment Share on other sites More sharing options...
Jonwo Posted September 28, 2014 Share Posted September 28, 2014 Interesting that these news reports are referring to HTTYD2 as a leggy success, not an underperformance. Regardless of the fact that it could/should have done better, it's still their biggest film OS and WW since Madagascar 3. Nevertheless, I bet these sale talks are indeed a result of the recent stock price rollercoaster ride. As I mentioned, Dreamworks Animation going private would be the best thing for them, as a company that only produces animated films, TV and live action spin-offs, being a independent public company is worse for them because it means every film has to a hit, and the stock price takes a hit if it doesn't. Disney, WB etc all have other businesses so a film underperforming doesn't affect them as much unless it's a huge bomb. 1 Quote Link to comment Share on other sites More sharing options...
Sir Tiki Posted September 29, 2014 Share Posted September 29, 2014 (edited) Well, that was quick: SoftBank Corp.'s discussions to acquire DreamWorks Animation SKG Inc. have cooled, according to people familiar with the matter, less than two days after word first emerged of the talks. It wasn't immediately clear what had happened between Saturday, when the talks were under way, and Monday. It remained possible that negotiations could restart, two of the people said. The two sides could ultimately strike a deal other than an outright takeover, one of the people said, for instance some kind of content partnership. http://online.wsj.com/articles/softbank-dreamworks-animation-talks-cool-1412025651 Looks like they'll be independent for a little while longer. Edited September 29, 2014 by Sir Tiki 1 Quote Link to comment Share on other sites More sharing options...
