It was a good year to be Warner Bros. and Fox and a grim one for Sony and DreamWorks. Among the specialty arms, Focus has reason to celebrate, while Fox Searchlight is hoping for a brighter new year.
Less than a week after announcing it had purchased the studio, Paramount has signed a term sheet to sell DreamWorks' library of live-action titles to several private-equity groups.
While Paramount execs are still high-fiving each other for last-minute dealmaking heroics in snatching up DreamWorks, it remains to be seen precisely what it is they're acquiring.
Domestic Film DAILY
PROVIDED BY: Box Office
Guardians of the Galaxy
Guardians of the Galaxy1Daily:$5.8M Cumulative:$281.2M Disney -16.98%
Teenage Mutant Ninja Turtles
Teenage Mutant Ninja Turtles2Daily:$3.7M Cumulative:$166.3M Paramount Pictures -21.00%
If I Stay
If I Stay3Daily:$2.5M Cumulative:$32.3M Warner Brothers / New Line -25.19%
Wall Streeters were cautiously upbeat Monday over Paramount's plan to purchase DreamWorks -- "a great move that pushes up timing on a potential turnaround of Paramount by two to three years," cooed…
There's a little matter to settle in Paramount Pictures' surprise buyout of DreamWorks: a library sale that Par brass hopes will bring as much as $1 billion to the studio's coffers. Tom Freston and…
Paramount Pictures has struck a deal to acquire DreamWorks SKG in a pact worth $1.5-$1.6 billion beating out rival suitor NBC Universal. Par is putting up about half the purchase price with several…
After a bumpy first year as CEO, Jeffrey Katzenberg has tapped a new No. 2 to restore investor trust in DreamWorks Animation. Effective Monday, Lewis Coleman has been named president, the first…
Weaker-than-expected perf from "Wallace & Gromit: The Curse of the Were-Rabbit," along with continued expenses from shareholder litigation, helped drive down DreamWorks Animation's bottom line to a…
DreamWorks Animation is rounding out the cast of its upcoming CGI pic "Kung Fu Panda." Dustin Hoffman, Jackie Chan and Ian McShane are set to join Jack Black in the animated comedy, which will be…
DreamWorks has acquired the Jonathan Lethem novel "As She Climbed Across the Table" for Walter Parkes and Laurie MacDonald to produce. Book is about an unusual romantic triangle among an…