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Stock Market & Financial Investment News

News Breaks
March 25, 2013
06:08 EDTDWADreamWorks' "The Croods" tops the box office, WSJ reports
DreamWorks' (DWA) "The Croods" topped the box office with an an estimated $44.7M at the box office in U.S. and Canada, reports the Wall Street Journal. The film cost about $135M to make. 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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