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Tag: Dream Works Animation

  • Dream Works Animation to boost its television and digital presence

    Dream Works Animation to boost its television and digital presence

    MUMBAI: The Californian Animation giant Dream Works Animation (DWA) is reportedly on the move to revamp and re-position itself as a television power. The company told analysts that it will produce 1,200 TV episodes over the next five years, which CEO Jeffrey Katzenberg says “will give us a significant footprint across the global TV landscape”.

    He commented that DWA is now on the path to becoming one of the biggest producers and distributors of television following the multi-year agreement with Netflix to create 300 hours of original content for the online streaming platform. DWA has also made a deal with Germany‘s Super RTL to make up to 1,100 half-hours of programming.

    Katzenberg adds that the company should see $100 million in revenues from TV this year, about half of which will come from titles in the Classic Media library which include characters like Casper, The Rocky and Bullwinkle Show, Mr. Peabody & Sherman and George of the Jungle Classic Media was bought last year by DWA.

    Adding details to this, DWA also revealed that it is projecting at least $200 million in TV revenue per year with gross profits of around 30 per cent, close to what it sees from its films post 2015. Revenue from the Netflix and Super RTL deals won‘t vary depending on the performance of different titles.

    The numbers don‘t include benefits from sales of licensed merchandise, the library value of shows, or progress from its recently acquired online video service AwesomenessTV. The company isn‘t ready yet to create a separate business line for television, but will consider the change.

  • Disney’s blockbuster line-up for 2013-14 is all set to soar sky-high

    Disney’s blockbuster line-up for 2013-14 is all set to soar sky-high

    MUMBAI: The year 2013 is raking in the ‘moolah‘ for the Walt Disney group with its Indian arm, UTV Disney amassing nearly 48 per cent of the entire box office collections of all the 39 films released by various studios in India so far.

    Disney‘s worldwide footprint, having acquired major core brands like Marvel and ESPN, is all geared up with blockbuster releases in Hollywood in the coming few years.

    The studio is now organising its live action movies, having sorted its animation slate. Six movies, including two of the Stan Lee comic franchise ‘Marvel Studios‘ has been given new dates. It is reported that these two Marvel movies would be slated for a May release (May 6, 2016; May 5 2017), as it has become the franchises‘ trademark month of release.

    Amongst the list of movies slated, includes, Savings Mr. Banks which hits the theatres in mid December 2013, starring Tom Hanks and Emma Thompson as the leading pair, portraying Sir Walt Disney and Mary Poppins.

    Following this would be Muppet Most Wanted, a sequel to 2011‘s The Muppets. The Ricky Gervais, Ty Burrell and Tine Fey movie will go on floors by 21 March 2014.

    While its animated movie, Planes is all set to go on the floors on 9 August this year, its sequel Planes: Fire and Rescue is already into production with its 3D release scheduled for 18 July 2014.

    Disney in collaboration with Dream Works has also planned The Hundred-Foot Journey, for an early August release in 2014. Steven Spielberg would be co-producing the big screen adaption of the international best-selling book by Rishard C. Morais along with Oprah Winfrey and Juliet Blake.

    The following October 2014 has been booked for the big screen adaption of the award winning children‘s book Judith Viorst. The movie starring Steve Carell and Jennifer Garner is titled Alexander and the Terrible, Horrible, No Good, Very Bad Day.
    The Brad Pitt directed Tomorrow Land staring veteran star George Clooney, HughLaurie, Raffey Cassidy and Thomas Robinson shall be hitting the theatres on 12 December 2014 and produced by Bird and Damon Lindelof.

    The final movie for 2014 and slated for a Christmas release, Into the Woods, would see Rob Marshall directing the epic based on the Tony-winning original musical by James Lapine and Stephen Sondheim. It centers on a baker and his wife‘s quest to break a witch‘s curse in order to start a family. Along the way, they encounter several well-known fairy tale characters, and together they learn what happens after “happily ever after”.