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Stock Market & Financial Investment News

News Breaks
June 13, 2014
18:42 EDTDWADreamWorks Animation looks outside of box office to spur growth, WSJ reports
Over the past several years, DreamWorks Animation CEO Jeffrey Katzenberg has moved into new and unproven industries in an effort to spur growth. The company is trying to rely less on box office results, and more on traditional businesses that operate year round, The Wall Street Journal reports. Reference Link
News For DWA From The Last 14 Days
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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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