DreamWorks Animation To Sell Glendale Studio As It Grapples With Liquidity

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Sad news for the animation community here in L.A.

Deadline.com is reporting that DreamWorks Animation execs apparently failed to impress investors with their cautiously upbeat financial forecasts in a conference call after releasing a generally disappointing Q4 earnings report. The company stock price continued to fall in post-market trading as the call progressed, falling 9.1%.

Read the entire article here.

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