DreamWorks Animation reinventing itself with TV deals, CEO says
With the freshly-announced deals to produce animated television shows for Netflix and Germany’s leading children’s TV channel, DreamWorks Animation is well on the way to reinventing itself as a multifaceted media company.
That’s the message Chief Executive Jeffrey Katzenberg is imparting to Wall Street in the wake of the company’s television deals with Netflix and Super RTL.
“We’re now on a path to becoming the biggest producer and distributor of high quality TV programming on a global basis,” Katzenberg said in a conference call with analysts Tuesday. “DreamWorks is increasingly shifting from an animated film company into a multifaceted entertainment company.”
-- Richard Verrier, Los Angeles Times
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