DreamWorks Animation SKG is taking an $87-million write-down on the failure of its holiday release Rise of the Guardians. While the film has earned $302 million worldwide, more than half that amount goes to the theaters that screened it and millions more go to promotion, marketing and distribution expenses. The film reportedly cost $145 million to make. In a statement, DreamWorks Animation chief Jeffrey Katzenberg said, While Rise of the Guardians did not achieve the level of box-office success that we have come to expect from a DreamWorks Animation film, we have made several changes to our future slate that we believe will position us well for the next two years. In a conference call, Katzenberg observed that those changes include significant layoffs, or as he put it, This means that many valuable members of the DreamWorks Animation family will be leaving the company within the year.
On the same day that Glastonbury welcomed back Margate's adopted sons, The Libertines, Margate itself put on it's very own Leisure Festival as it...
Sheffield's very own all girl group Pretty Fierce are still on a high after the recent release of their debut single - 'Ready For Me'.
Three nights before the end of his current tour Will Varley returned to his home town of Deal to delight a sold out crowd in The Astor Theatre.
With only a few days to go before Portsmouth based songstress and producer WYSE releases her new single, 'Belladonna', we caught up with her to find...
Colorado raised, Glasgow educated and Manchester based Bay Bryan is nothing if not a multi-talented, multi-faceted artist performing as both...
Former Marigolds band member Keelan Cunningham has rediscovered his love of music with his new solo project Keelan X.
Wiltshire singer-songwriter Luke De Sciscio, formally known as Folk Boy, is set to release is latest album - 'The Banquet' via AntiFragile Music on...
Electronic music pioneer and producer Annie Elise says that the release of her first EP - 'Breathe In, Breathe Out' feels "both vulnerable and...