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Stock Market & Financial Investment News

News Breaks
February 15, 2013
09:57 EDTDWADreamWorks planning three indoor theme parks in Russia, Deadline Hollywood says
DreamWorks (DWA) has teamed up with property development and management firm Regions GC to build three indoor theme parks in the Russian cities of Moscow, St. Petersburg and Yekaterinburg, according to Deadline Hollywood. The parks, which are being planned as year-round "entertainment zones," are expected to be completed in 2015. Reference Link
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April 19, 2015
17:43 EDTDWADreamWorks CEO downplays Chinese takeover speculation, Variety says
In an interview with Variety at the Beijing International Film Festival, DreamWorks (DWA) CEO Jeffrey Katzenberg said he does not believe the company is headed towards a takeover by a Chinese firm. "We are a minority owner in a joint venture here, and I think that is the most successful structure to do business here in China today... We’re very comfortable with that arrangement," said Katzenberg. Variety notes that there was speculation late last year of takeover talks with Alibaba (BABA) or Wanda. Reference Link

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