Income climbs to $62 million
DreamWorks Animation profits more than doubled last quarter as the company said CEO and co-founder Jeffrey Katzenberg has renewed his contract through 2013. Income jumped to $62 million from $26 million the year before. Revenue rose to $263 million from $157 million. The company cited the success of “Madagascar: Escape 2 Africa” at the international box office and on home video. Pic contributed $147 million of revenue at has reached nearly $600 million in worldwide box office.