Thursday, November 5, 2015

Home Helped DreamWorks Animation Growth

http://www.latimes.com/entertainment/envelope/cotown/et-ct-la-dreamworks-earnings-20151105-story.html


     During it's third quarter DreamWorks Animation experienced a $3.5 million loss, however when its latest animation movie came out, "Home", there was a sharp increase in revenues. The Glendale- based studio says that the loss was due to many layoffs that happened earlier this year since there was also several box office flops. 
     Dream Works was able to generate a whooping $50.7 million in its third quarter, because of the boost it got from the home video sales of "Home". This was a big jump from their $14.3 million last year. Personally its pretty great to hear how one movie can have such an impact on a company. 
    I found this interesting possibly due to the fact that I absolutely love this movie so when I read it helped increase revenues I was pretty happy. Plus animated movies are my favorite so i'm excited to see what else DreamWorks has in store for the future. But I wonder how this one movie had such a big impact on this company. 

1 comment:

  1. It had a big impact because people liked. Pretty simple. If the movie wasn't good or people didn't like it, they would not improve. The question to ask is what made people like it so much?

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