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FEB 28, 2013 - Business Insider

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Costs at DreamWorks Animation Are Out Of Control

From Shrek to Kung Fu Panda, DreamWorks Animation has crafted some of the most indelible characters in recent animation history. But a bruising earnings report and deep staff cuts have exposed flaws in the company's business model. The failure of DreamWorks Animation's most recent film, "The Rise of the Guardians," is the most immediate cause of an $83 million loss in the fourth quarter of fiscal year 2012, and not the fact that the Glendale campus still serves free lunch to all its employees (it does). Though the film grossed $302 million at the worldwide box office, that was not enough to ... Read More

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