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‘Jurassic World’ to bring an early Christmas to the toy industry

Dinosaurs don’t stay extinct for long in the movie theaters. And the toy industry will happily excavate the prehistoric animals for profits. This weekend, the Jurassic Park franchise returns to...

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Spielberg’s DreamWorks could be splitting from Disney

Steven Spielberg could be taking DreamWorks, the film studio he co-founded, away from Disney DIS once their deal expires in August next year, according to the Hollywood Reporter. Sources have said that...

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Google’s Noah Falstein: Indie games are vital for virtual reality

Google GOOG has helped millions get their first taste of virtual reality through its Cardboard VR initiative. And Google’s chief game designer Noah Falstein, who has been making games since 1980 for...

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Why Samsung and HTC Are Investing in This VR Studio

Virtual reality company Baobab Studios, which was founded by former Zynga game developers and Dreamworks animators, has raised $6 million in a Series A funding round led by Comcast Ventures. HTC and...

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The Makers of ‘Shrek’ Are Getting Into Television

DreamWorks Animation, the creator of Shrek, is looking to move beyond theaters and get into live-action television. The company is starting a new division in order to find alternative ways to boost...

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Steven Spielberg Hopes the Sequel to DreamWorks is a Hit

You might think that being Steven Spielberg has to be a pretty sweet deal: After all, you are revered as the guy who created Jaws, E.T. and the Jurassic Park series, among other hits. Everything you...

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Netflix Has an Awesome Lineup of New Kids’ Shows Coming

Netflix and DreamWorks Animation are expanding their partnership to develop a string of original series, including two new kids’ shows based off a reimagining of Voltron and Guillermo del Toro’s...

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DreamWorks Shares Climb After Beating Analyst Estimates

Hollywood studio DreamWorks Animation dwa reported a better-than-expected 36.3% jump in quarterly revenue, boosted by the television release of its movie “Home” and higher licensing fees. Shares of the...

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DreamWorks CEO Jeffrey Katzenberg: We’re Interested in Paramount Pictures Merger

March 1 (Reuters) – Hollywood studio DreamWorks Animation SKG Inc would be interested in a merger with Viacom Inc’s Paramount Pictures, the company’s chief executive said on Tuesday. “I could imagine...

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Verizon Buys Sizable Stake in AwesomenessTV for $160 Million

Verizon Communications said it agreed to buy a 24.5 percent stake in AwesomenessTV, whose YouTube channels are among the most popular on the video site, for about $160 million. AwesomenessTV, which has...

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Penrose Studios Raises $8.5 Million Ahead of Tribeca VR Premiere

Virtual reality and augmented reality company Penrose Studios recently raised $8.5 million from Accelerate-IT Ventures (AITV), with participation from TransLink Capital, Suffolk Equity and 8 Angel. The...

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Comcast in Talks to Buy DreamWorks Animation For More Than $3 Billion

Comcast, the largest U.S. cable operator, is in talks to buy Hollywood studio owner DreamWorks Animation SKG for more than $3 billion, The Wall street Journal reported, citing people familiar with the...

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When Comcast Looks in the Mirror, It Sees Another Disney

As predicted by a Wall Street Journal report earlier this week, Comcast announced on Thursday that its NBCUniversal unit is acquiring DreamWorks Animation for $3.8 billion in cash. In doing so, the...

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Why the Home Shopping Network Is Helping Selling Disney’s New Movie, ‘Alice’

Walt Disney spent $170 million to produce Alice Through the Looking Glass, a sequel to the 2010 film that the media giant hopes will turn into yet another blockbuster. While millions more will be spent...

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Former Pixar and DreamWorks Animators Helped Design This Adorable Robot

The rise of robotics has brought us robots that can place objects in boxes, follow workers through warehouses, and serve as hotel assistants. A new robot built by San Francisco startup Anki, however,...

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J.P. Morgan Leads $52.5 Million Investment In This Hot Robotics Company

J.P. Morgan is high on robots. The big bank on Monday led a $52.5 million investment round in a San Francisco robotics startup Anki. Venture capital firms Andreessen Horowitz and Index Ventures and...

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China to Launch Probe Into Comcast-DreamWorks Deal

China will launch an anti-monopoly investigation into Comcast’s purchase of DreamWorks Animation after receiving complaints that the deal could hurt competition in the Chinese market. “Recently MOFCOM...

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Jeffrey Katzenberg and the Future of Hollywood

Jeffrey Katzenberg and the Future of Hollywood At DreamWorks Animation, he played a major role in reshaping the movie business. Here’s where he and the industry are going next. The day after selling...

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Viacom Plans To Replace Interim CEO

(Reuters) – Viacom ‘s board plans to look both internally and externally for a new chief executive to replace interim CEO Tom Dooley, a source familiar with the situation told Reuters on Wednesday. The...

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20th Century Fox Just Poured Big Money Into This Hot Virtual Reality Startup

Virtual reality is more than just a new way for hardcore video gamers to shoot robots or race each other on futuristic racetracks. Hollywood movie studios, animators, and screenwriters are also looking...

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