Cutter wrote on Apr 28, 2016, 11:25:
Huh, I actually haven't had a martini in long while. Think I'll have me one later on tonight.
That seems like an incredibly low amount for Dreamworks when you consider MS wasted $2.5 billion on Mojang.
Well, MS grossly overpaid for Mojang. Other stories are saying the offer for Dreamworks is closer to $4B. That's a better amount for a studio that produces several movies a year, each of which is profitable in the $100s of millions. And that's not including the massive merchandising each of these movies had or post run licensing and disc sales. Odd they say the market value for Dreamworks is only $2.3B. That seems very low to me.
Still several of their recent movies have underperformed: Turbo and Mr. Peabody didn't even clear $300M in total gross, and Penguins of Madagascar and Home failed to clear $400M. How to Train Your Dragon and Kung Fu Panda are their only reliable franchises at this point.
"Even after you've had the COVID-19 vaccine, you still need to wash hands, watch distance and wear a mask because you can still transmit the virus even though you're not going to get sick." - NIH Director Dr. Francis Collins