DreamWorks Animation SKG Inc., maker of the “Madagascar” movies, will gain $100 million in revenue from TV production this year, Chief Executive Officer Jeffrey Katzenberg said, as it lessens its dependence on films.
Netflix Inc., the biggest online subscription-video service, rose the most in almost two months after agreeing to buy shows from DreamWorks Animation SKG Inc., furthering a push into original children’s programming.
Netflix Inc.’s deal to obtain original programming from DreamWorks Animation SKG signals the rising power of alternatives to major networks and studios for the distribution of movies and television shows, according to executives and investors in the media industry.
South Korea’s economy has yet to catch up to its people. They are the world’s most-wired citizenry and the most advanced at using smartphones. Korean stars are Asia’s most popular; Korean gadgets and fashions the coolest.
Madagascar President Andry Rajoelina registered as a candidate for elections scheduled for July, four months after saying he won’t run as part of an agreement to help restore political stability in the country.
Sherritt International Corp., a Canadian mining and energy company with operations on four continents, is considering options including selling assets or restructuring the business to improve its value.
Vodacom Group Ltd., South Africa’s largest wireless operator, plans to begin operating in three additional countries by the end of 2014 as it seeks to bring data services and smartphones to new markets.
Sherritt International Corp., a Canadian mining and energy company, should begin a share buyback program and investigate the work that was done on the Ambatovy mine in Madagascar, said Takota Asset Management Inc.