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News Breaks
June 18, 2013
16:56 EDTDWADreamWorks sees annual TV revenue $200M by 2015
On an analyst conference call, DreamWorks said it expects to generate about $100M of television revenue in 2013, and expects to grow its television revenue number to $200M annually by 2015. The company also said it expects gross profit margin of about 30% for its television segment, which it says it consistent with historical margins for its feature film business. Comments taken from live transcript of call. Shares of DreamWorks are up about 0.9% in after hours trading.
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September 2, 2014
17:39 EDTDWADreamWorks Animation announces How to Train Your Dragon 2 crosses $600M
DreamWorks Animation's How to Train Your Dragon 2 continues to do well in the global box office as it officially crossed the $600M mark on Labor Day. A record-breaking opening in China coupled with phenomenal success in territories around the world have catapulted Dragon 2 to become the highest grossing animated film of the year and one of the top ten grossing films of the year in any genre. Through Monday, How to Train Your Dragon 2 has grossed $174M domestically and $426M in international markets. The company also announces the third chapter in DreamWorks Animation's How to Train Your Dragon series shifting to a June 9, 2017 release date.

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