GLENDALE, Calif., Feb. 5, 2013 /PRNewswire/ -- DreamWorks Animation
SKG, Inc. (Nasdaq: DWA) today announced that, at the recommendation of
its distributor, Twentieth Century Fox, it has decided to change the
domestic theatrical release date for Mr. Peabody & Sherman to March 7, 2014. The film had previously been scheduled for release on November 1, 2013. Me & My Shadow, which had previously been scheduled for release in March of 2014, will now return to development at the studio.
"Our distributor, who has had great success in March with their Ice Age franchise, has recommended we move Mr. Peabody & Sherman to
the spring of 2014, which we totally agree is a much more advantageous
release window," said Anne Globe, Chief Marketing Officer of DreamWorks
Animation. "Mr. Peabody & Sherman is now the first of our three-picture lineup for next year."
The Company's feature film slate for 2013 and 2014 is now as follows: The Croods on March 22, 2013; Turbo on July 19, 2013; Mr. Peabody & Sherman on March 7, 2014; How To Train Your Dragon 2 on June 20, 2014 and Happy Smekday! on November 26, 2014.
"We believe the best strategy for DreamWorks Animation in the
long run is to ensure that every one of our films has an optimal
release date with the biggest opportunity to succeed at the box office,"
added Jeffrey Katzenberg, Chief Executive Officer of DreamWorks
Animation. "The move of Mr. Peabody & Sherman means that we will now release two films in 2013, and we are adjusting our operating infrastructure costs accordingly."
About DreamWorks AnimationDreamWorks Animation
creates high-quality entertainment, including CG animated feature films,
television specials and series and live entertainment properties, meant
for audiences around the world. The Company has world-class creative
talent, a strong and experienced management team and advanced filmmaking
technology and techniques. DreamWorks Animation has been named one of
the "100 Best Companies to Work For" by FORTUNE®Magazinefor
five consecutive years. In 2013, DreamWorks Animation ranks #12 on the
list. All of DreamWorks Animation's feature films are produced in 3D.
The Company has theatrically released a total of 25 animated feature
films, including the franchise properties of Shrek, Madagascar, Kung Fu Panda, How to Train Your Dragon and Puss In Boots.