Friday, March 21, 2014

DreamWorks Enters China With $2.4B Complex



March 21 (Bloomberg) –- Hollywood film studio DreamWorks Animation is pushing into Mainland China, breaking ground on a $2.4B entertainment and movie studio complex in Shanghai. Oriental DreamWorks already has 150 animators in Shanghai working on their first films, and it plans to have 400 animators there by the end of next year. Bloomberg’s Stephen Engle caught up with DreamWorks CEO Jeffrey Katzenberg at the launch. (Source: Bloomberg)

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