About 240 people will lose their jobs in the wake of Paramount Pictures’ acquisition of DreamWorks SKG, Paramount confirmed Wednesday. Half of the cuts will come at Viacom Inc.-owned Paramount, which ...

Investors in DreamWorks Animation SKG Inc. had reason to celebrate after the Glendale-based film studio announced better-than-expected second-quarter profit late Thursday. But the champagne quickly ...

Viacom Inc. unit Paramount Pictures has reached a $1.6 billion deal to buy live-action film studio DreamWorks SKG, after DreamWorks ended negotiations with General Electric Co.’s NBC Universal, the ...

“Madagascar” was no “Shrek 2” on DVD, and “Wallace & Gromit” wasn’t even close to “Shark Tale” in theaters, causing DreamWorks Animation profits to plunge 67% in the fourth quarter. Meanwhile, ...

“Flushed Away” and “Dreamgirls” are coming from two entirely separate companies, but the general public probably won’t be able to tell. Technically, since their split two years ago, DreamWorks ...

Steven Spielberg’s DreamWorks studio has signed on with Universal Pictures to distribute its films as his company parts ways with Paramount. Under the seven-year deal, Universal will distribute up to ...

Fourth quarter profits fell by more than half at DreamWorks Animation SKG Inc. as DVD sales of “Madagascar” failed to match last year’s box office receipts from the blockbuster “Shrek 2.” The company ...

LOS ANGELES (Reuters) - General Electric Co's Universal Studios has reached an agreement to distribute films by DreamWorks SKG in its new partnership with Reliance ADA Group of India, DreamWorks ...

LOS ANGELES (Reuters) - Walt Disney Co said it secured a deal to distribute films by Steven Spielberg's DreamWorks Studios in a pact short on details but one that provides much-needed cash for the ...

TheKung Fu Pandacrew found a new home under the wing of Comcast and NBCUniversal. Image source: Dreamworks Animation. What: Shares of Dreamworks Animation SKG soared again on Thursday, following up ...

In 1994, Disney chairman Jeffrey Katzenberg resigned from the company and teamed up with Steven Spielberg and music executive David Geffen to form DreamWorks SKG, which later was rechristened ...