Sinbad: Legend of the Seven Seas
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2004 | 2003 | 2002

1 article from 2004

Report: DreamWorks To Sell Off Animation Unit

3 February 2004 | Studio Briefing - Film News | See recent Studio Briefing - Film News news »

DreamWorks is considering a possible spin-off of its animation unit, either as an outright sale or an initial public offering, the New York Post reported today (Tuesday), citing sources familiar with the matter. The unit is the particular province of DreamWorks principal Jeffrey Katzenberg, who is widely credited with reviving Disney's animation department in the 1980s and who at DreamWorks has successfully mounted a challenge to Disney's animated fare with such films as Antz and Shrek. (He has also witnessed his share of box-office bombs, including last year's Sinbad: Legend of the Seven Seas, which cost $60 million to make, but took in only $26 million at the domestic box office.) Meanwhile, the Post reported separately that Michael De Luca, head of production at DreamWorks, is expected to announce that he is quitting because of "creative differences." …

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2004 | 2003 | 2002

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