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Jeffrey Katzenberg Has A Very Hollywood Advice For President Biden: 'Own Your Age'
Sunday, June 25, 2023 - 7:36am | 376Entertainment mogul Jeffrey Katzenberg is advising President Joe Biden to “own his age,” embracing as an asset, drawing parallels with celebrities like Harrison Ford and Mick Jagger, The Wall Street Journal reports. Hollywood Advice Katzenberg, along with other advisers, suggests that...
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Biden Top Donor, Jeffrey Katzenberg, Confident In Surpassing $1B Contribution For 2024 Presidential Race: 'It's Not A Sprint'
Thursday, May 11, 2023 - 9:57pm | 458Hollywood mogul and a Democratic donor, Jeffrey Katzenberg, pledged to provide “all the resources” necessary to support Joe Biden‘s re-election campaign in 2024, dismissing worries about the president’s political future. What Happened: Dreamworks SKG co-founder,...
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Didn't Quibi Fail? Yes, But Disney Aims for TikTok Generation With New Start Wars Shorts
Wednesday, October 26, 2022 - 4:49pm | 654A leading media company could be testing out a strategy to appeal to a younger generation of content consumers and it involves one of the biggest movie franchises of all time. What Happened: The Star Wars franchise continues to evolve with more movies and television shows coming to theaters and on...
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Meet Everyrealm, The Virtual Land Company Backed By Coinbase, Dapper Labs, Will Smith, The Weeknd And Even More Celebrities
Friday, March 25, 2022 - 12:06pm | 738Land sales in virtual worlds such as The Sandbox (CRYPTO: SAND) and Decentraland (CRYPTO: MANA) have skyrocketed over the past year. One company is attracting investments from big investors and celebrities as it buys up virtual land and attempts to be a huge company inside the...
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Quibi Shuts Down — The Idea Wasn't 'Strong Enough' Or 'Timing' Went Amiss, Says Leadership
Wednesday, October 21, 2020 - 10:10pm | 476Short-form media streamer Quibi is shutting down six months into its launch, the company’s founder Jeffrey Katzenberg and CEO Meg Whitman said in an open letter to employees and investors. What Happened: Katzenberg and Whitman said they were winding down the business and returning cash to...
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Quibi's Moment In The Spotlight Could Be Over Quick
Monday, September 21, 2020 - 5:45pm | 673Less than a year after launching, short video maker Quibi is now exploring options that could include a sale. What Happened: The Wall Street Journal is reporting Quibi is “exploring strategic options” for the future. The report says the company could seek additional funding or go public...
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Quibi Blames Coronavirus For Lackluster Launch, But Is Its Strategy The Real Problem?
Friday, May 15, 2020 - 2:35pm | 585Media veterans Jeffrey Katzenberg and Meg Whitman were confident in the mid-pandemic timing of their launch of Quibi, a short-form video app. “Think about how often you use your phone when you’re homebound,” Whitman told the New York Times before the April 6 rollout. “People...
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Comcast's NBCUniversal Confirms $3.8 Billion Buyout Of Dreamworks
Thursday, April 28, 2016 - 9:54am | 467Comcast Corporation (NASDAQ: CMCSA) confirmed on Thursday morning that its NBCUniversal segment has acquired Dreamworks Animation Skg Inc (NASDAQ: DWA). As part of the merger agreement, DreamWorks shareholders will receive $41 in cash for each share of DreamWorks share they own. The agreement...
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Disney Has A History Of Some Messy Executive Changes
Thursday, April 7, 2016 - 1:44pm | 388Earlier this week, Walt Disney Co (NYSE: DIS) announced COO Thomas Staggs will be stepping down as of May 6. Investors are hoping for a smooth transition, but Disney has a history of messy executive changes. Back in 1994, Walt Disney Studios chairman Jeffrey Katzenberg reportedly left the...
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DreamWorks Animation Reveals Good News With Q4 Earnings
Wednesday, February 24, 2016 - 8:00am | 260Proving again what a difference a year makes, DreamWorks Animation Skg Inc (NASDAQ: DWA) released its earnings from Q4 2015 and the news is good…really good. This time last year, the studio reported a loss of $3.08 per share on $234.2 million revenue. Yet now the company is reporting a...
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Dreamworks Drops 11% On Disappointing Q2 Results
Wednesday, July 30, 2014 - 8:08am | 193Dreamworks Animation Skg (NASDAQ: DWA) shares fell nearly nine percent after-hours Tuesday after the company posted a wider-than-expected loss on revenue below analysts' consensus. The company offered no outlook but said third quarter results will be driven primarily by its feature films...
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DreamWorks Animation Climbs After Q2 Beat (DWA)
Wednesday, July 31, 2013 - 5:46pm | 213DreamWorks Animation (NYSE: DWA) released its fiscal second-quarter earnings results after the closing bell on Wednesday. The company reported both earnings per share and revenue that came in ahead of Wall Street expectations. In late trade, the stock was last up better than five percent to $26....
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DreamWorks in Talks with Sony Regarding Distribution Deal
Monday, July 16, 2012 - 3:18pm | 347DreamWorks (NASDAQ: DWA), the animation and family entertainment studio, is in talks with entertainment corporation Sony (NYSE: SNE) in an attempt to strike a distribution deal. DreamWorks currently has a distribution deal with Viacom's (NASDAQ: VIA) Paramount Pictures, though Reuters reports that...
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Can DreamWorks' Indoor Theme Park Outshine Disney World?
Wednesday, July 11, 2012 - 2:04pm | 477DreamWorks (NASDAQ: DWA) has signed a deal with Triple Five to produce an indoor theme park in the New Jersey Meadowlands. Designed as part of the American Dream project, the theme park will feature characters from the animation studio's most popular films, including Shrek, How to Train Your...
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Katzenberg's DreamWorks Animation (DWA) Collaborates With Samsung
Friday, January 8, 2010 - 9:42am | 121DreamWorks Animation (NASDAQ: DWA) has announced its collaboration with TV set maker Samsung to promote its 3D products. While talking with CNBC, Jeffrey, Co-Founder & CEO, DreamWorks, stated that his firm would follow a skimming policy, where the products would be initially launched at the...