DreamWorks' Jeffrey Katzenberg discusses new Fox deal

In a Monday news conference, DreamWorks Animation Chief Executive Jeffrey Katzenberg discussed his company's just-completed distribution deal with Twentieth Century Fox, and praised Fox chairmen Jim Gianopulos and Tom Rothman for building a “world-class distribution team” and singled out Fox’s strong relationships with large retailers that are critical to selling movie merchandise.

“I’m confident that Fox’s world-class experience and global resources will allow our films to reach the fullest potential over the next five years,” Katzenberg said.

DreamWorks Animation, the Glendale studio behind the hit animated franchises “Shrek,” “Kung Fu Panda” and “Madagascar,” has signed a five-year deal with Fox, which will distribute its movies beginning next year.

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-- Ben Fritz and Richard Verrier, Los Angeles Times

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