FishbowlLA
 
Receive mediabistro.com's Daily FishbowlLA Feed via email


Daily Media Newsfeed Click here to receive mediabistro.com's Daily Media Newsfeed via email.

Monday May 22, 2006

"Hedge" your bets? DreamWorks Animation stock due for a trimming?

Amidst the sort of critics-be-damned moviegoing that the world saw over the weekend, much has been said about the state of box office (still trending down, despite such gangbuster grosses) and about the future of Sony. oth02.jpg


But the real story is lost in the blaring Code" headlines: DreamWorks Animation's "Over the Hedge" is somewhat lost in the shuffle, much like the company that made it. And like the suburban privet that finds itself on the business end of a weed-whacker in the film, DreamWorks' share price may be facing quite a trimming in the weeks to come.

Bravo! to the LA Times' Josh Friedman, whose box office story fully takes into account the effect of an "Eh!" opening for "Over the Hedge":

"Banc of America Securities analyst Michael Savner said he expected the movie, which will face stiff competition when Pixar Animation Studios' "Cars" comes out June 9, to generate $140 million to $150 million in the U.S. and Canada and $370 million worldwide. That would make the film, which cost about $80 million to produce, profitable but not the windfall some expected. 'Over the Hedge wasn't a bomb," Savner said, 'but it may not be the catalyst to energize investors about the DreamWorks story.'"

These are strange times. As the Motley Fool puts it, the guys at DreamWorks Animation are facing a sort of chicken-or-the-egg crisis. Viz,


"Unfortunately, moviegoers are facing a glut of computer-generated releases. That hasn't stopped 'Ice Age,' 'Toy Story,' and 'Shrek' sequels from topping the originals, but it make me wonder whether a recognized property is now the only way to stand out in the digital crowd."

In other words, unless it's a sequel, don't bother.

Um, run that by me again? How does Hollywood make the hit sequels if it doesn't make the hits first?




new on mediabistro.com

Improve Your Web Life: New Sites, New Uses, New You

Streamline your online life with a tour of sites and tools you don't know about, tips for using the ones you do, and sources for easy, free software.
Watch the video

Email This Post

Fill out the following information and click on the Send button in order to send this post, "Hedge" your bets? DreamWorks Animation stock due for a trimming?, to a friend.
Friend's name
Friend's email address
Your name
Your email address
Note to your friend (optional, max 200 Characters)

Read more on FishbowlLA >

Interested in advertising on FishbowlLA?

fishbowlLA: a blog about the Hollywood creative community and L.A. media

Editors:
Mayrav Saar
Tina Dupuy
Dan Cox

Email:

About Us

Syndication

mb Blogs

TVNewser

PRNewser

GalleyCat

UnBeige

MobileContentToday

AgencySpy

FishbowlNY

FishbowlDC

FishbowlLA

Anonymous Tips


Links

mb Newsfeed

A Socialite's Life
Anne Thompson
BoingBoing
Buddy TV
Curbed LA
Dandyism
Deadline Hollywood Daily
Defamer
Eater LA
Eating LA--Pat Saperstein
ERS News
Franklin Avenue
Girls Talkin' Smack
Go Fug Yourself
Gold Derby
IMDB
Jezebel
LAist
LA magazine
LA Times
LA Weekly
Mixed Media
Page Six
Past Deadline
Pink is the New Blog
Radar
Romenesko
Slate
Salon
Script Notes
Tabloid Baby
The Evil Beet
TMZ.com
YouTube
WOW Report

Archives

July 2008

June 2008

May 2008

April 2008


Categories

About

About Us - Modules

About Us - Subheader Module

Armchair Sociology

Blogistan

Box Office

Contest

Courses

Daily Grind

Darwin was right

Documentary

Festivity

Foreign legion

Free Weekly Roundup

Geekdom

General

Guild Wars

Idiot Box

In N Out

Interesting LA Times Paragraph of the Day

Journos

Let's make a deal...

Lit 101

Magazines

Mo'guls, mo' problems

My Social Life

Newspaper Deathwatch

Newspapers

Our Town

Podcasts

Poli Sci

Power Lunch

Radio-dispatched

Season of Giving

Show Business

So Sue Me...

So, What Do You Read?

Studio film

Stuff To Do

Tangled Web

Trades

Underlying rights

Video games

Working the Room

Zell Watch

Recent

Edwards Off Short List for VP: Enquirer?

Whom Do Journalists Love More?

FBLA is Prepping for Comic Con Tomorrow

Forum

Los Angeles Issues 8 topics
Writer's Space (3) 7/9/2008
Looking to Network! (3) 7/7/2008
"IWOSC Reads Its Own" July 20 at Barnes & Noble (1) 6/27/2008
Copyright Question for Legal Ninjas. (2) 6/4/2008
more... - post new topic

Subscribe

Click here to receive the Daily Media News Feed by email.

Upcoming

Intro to Copy Editing
With the features copy chief at Daily Variety.
starts July 29

Perfect Pitching
Sell magazine stories through query letters.
July 28

Writing Comic Books and Graphic Novels
Work in a medium that publishers and studios love.
July 30

Jobs in L.A.

Featured Listings

Interactive Copywriter
Publicis in the West
Seattle, WA

Public Relations Manager- Los Angeles
GUESS?, Inc.
Los Angeles, CA

Graphic Designer
Clear Channel Radio - Los Angeles
Burbank, CA

Account Executive
Deep Focus
Marina del Rey, CA

Become a partner


ADVERTISEMENT


mediabistro.com l Member Benefits l Jobs l Freelance Marketplace l Courses l Events l Forums l Content
mediabistro Blogs: Media News l TVNewser l GalleyCat l UnBeige l FishbowlNY l FishbowlLA l FishbowlDC l mbToolbox l PRNewser l AgencySpy l MobileAppsToday l MobileContentToday l MobileMarketingToday l MobileDevicesToday
Site Map l Advertising/Sponsorships l Partners l About Us l Contact Us/Help

JupiterOnlineMedia

internet.comearthweb.comDevx.commediabistro.comGraphics.com

Search:

Jupitermedia Corporation has two divisions: Jupiterimages and JupiterOnlineMedia

Jupitermedia Corporate Info


Legal Notices, Licensing, Reprints, & Permissions, Privacy Policy.

Web Hosting | Newsletters | Tech Jobs | Shopping | E-mail Offers