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8 articles from 2008

24 July 2008 10:36 AM, PDT | From Studio Briefing | See recent Studio Briefing news

Jeffrey Katzenberg, who is a major advocate of theatrical 3-D films, has disclosed that George Lucas is investing in a technology that could turn all of his Star Wars movies into 3-D features that could be given new releases. Katzenberg told the website ComingSoon.net that he now has the technical resources to begin the conversion process. Previous attempts to turn 2-D movies into 3-D have produced mixed results and reactions -- mostly negative -- but Katzenberg remarked in the interview that Lucas "isn't going to put a product out, I think, that isn't anything other than first rate."

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18 June 2008 10:35 AM, PDT | From Studio Briefing | See recent Studio Briefing news

After a sometimes rocky and often antagonistic relationship with Paramount executives over the past three years, the principals of DreamWorks, Steven Spielberg and David Geffen, are reportedly close to a deal that would see Mumbai-based Reliance Ada Group invest more than $500 million to revive the company as an independent filmmaker. Today's (Wednesday) Wall Street Journal, citing people familiar with the talks, said that in addition to Reliance's investment, Spielberg and Geffen plan to borrow $500 million. The new DreamWorks reportedly plans to produce about six films a year. However, no studio has yet been selected to distribute them. (DreamWorks Animation, headed by Jeffrey Katzenberg, currently has a long-term distribution deal with Paramount.)

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11 June 2008 9:02 PM, PDT | From avclub.com | See recent The AV Club news

The rise of Pixar is one of the most remarkable media stories of the last 20 years. On one side, there's the company that began as an attempt to sell hardware to image professionals, and made a few demos to show off its product's capabilities. On the other, there are the fanatic animation geeks who wanted to outdo Disney, but couldn't convince George Lucas, Jeffrey Katzenberg, or Steve Jobs that there was any future for computer-generated cartoons. Journalist David A. Price records Pixar's improbable fortunes with a deft touch and an eye for drama. Although his book The Pixar Touch: The Making Of A Company occasionally succumbs to the business miasma of numbers, mergers, and dollar signs, the tale of Pixar's near-miraculous artistic feats and outsized personalities will be fascinating to audiences far beyond the boardroom. Pixar began as a computer-graphics laboratory at the New York Institute of Technology,...

Donna Bowman

11 June 2008 8:10 AM, PDT | From PEOPLE.com | See recent PEOPLE.com news

In a celebrity lineup not seen since the Los Angeles Lakers' heyday in the '80s, the stars showed up at the Staples Center Tuesday night and those willing their stumbling team to victory included Hilary Duff and David Beckham. Also in the crowd – besides Laker legend Magic Johnson, who this time was a spectator – Kristin Davis, Kanye West, Dustin Hoffman, Andy Garcia, David Arquette and Fergie, all mingling in the celebrity-only Chairman's Room below the stadium "It was amazing sitting around that circle of fans," Duff told People courtside as she nestled with pro-hockey-player boyfriend Mike Comrie. "It was just really exciting.

Bryan Alexander

19 May 2008 7:00 AM, PDT | From wenn.com | See recent WENN news

Entertainment moguls Steven Spielberg, David Geffen and Sumner Redstone have been named among the 10 richest people in Los Angeles.

Dreamworks partners Geffen and Spielberg make the Los Angeles Business Journal top 50 list at four and nine respectively, while Viacom boss Redstone's estimated $7 billion (GBP3.5 billion) net worth and the $8.4 billion (GBP4.2 billion) he made in 2007 put him in second place behind investment tycoon Kirk Kerkorian.

Geffen and Spielberg's Dreamworks co-founder, Jeffrey Katzenberg comes in at 36 on the new list, producer Stephen Bing at 38 and former Disney boss Michael Eisner and current studio chief Roy Disney hold up the countdown at 49 and 50 respectively.

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30 April 2008 3:39 PM, PDT | From Studio Briefing | See recent Studio Briefing news

While DreamWorks Animation chief Jeffrey Katzenberg has pledged to make all of his studio's future films in digital 3-d, he may not find a lot of theaters in which to show them. In a conference call with analysts on Tuesday, Katzenberg said that the conversion of theaters to 3-d has "dragged along, and it's been pretty disappointing." He noted that the addition of 3-d to the production of an animated film will cost the company $15 million more per film. But whether that additional investment will pay off, given the number of theaters that are currently equipped to show 3-d films, "is the thing up for grabs right now," he said. Meanwhile DreamWorks Animation said that its first-quarter profits came in at $26.1 million versus $15.4 million a year ago -- a 69-percent jump. Profits were driven by sales of Shrek the Third DVDs and the overseas ticket sales for Bee Movie. Note:In Tuesday's edition of Studio Briefing, we mentioned that United Artists was founded in 1919 by actors Charlie Chaplin, Mary Pickford, and Douglas Fairbanks. We neglected to mention that a fourth founder was the director D.W. Griffith.

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28 February 2008 10:30 AM, PST | From Studio Briefing | See recent Studio Briefing news

Toshiba may have thrown in the towel in its battle with Sony over high-definition players, halting production of its own Hd DVD units and leaving Sony's Blu-ray as the de facto standard. Nevertheless, Toshiba apparently has not yet let DreamWorks Animation out of its exclusive deal to produce Hd DVD titles only. Jeffrey Katzenberg, the studio's Ceo, told Reuters that Bee Movie, the studio's next home video release, will be issued only on Hd DVD unless Toshiba releases DreamWorks Animation from its current contract. "It's really in their court at this point to really declare what the next step will be," Katzenberg told the wire service. He pointed out that his studio had been "well compensated" by Toshiba for agreeing to release its films in high definition exclusively in the Hd DVD format.

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27 February 2008 10:29 AM, PST | From Studio Briefing | See recent Studio Briefing news

Shrek the Third was just what it took to put DreamWorks Animation back in the green again. DVD sales of the animated sequel accounted for $179.4 million in revenue during the fourth quarter. Total revenue rose to $290.2 million with net income of $94.1 million. It was, said Ceo Jeffrey Katzenberg, "DreamWorks Animation's most successful year since going public." Comparison with the year-earlier results was difficult since the studio wrote down $109 million following disappointing ticket sales for its 2006 feature, Flushed Away.

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8 articles from 2008