Log in

DreamWorks Strikes $100 Million Deal

27 Apr, 2004 By: Jessica Wolf

A deal with Japanese media group Kadokawa Holdings is fattening the coffers at DreamWorks SKG to the tune of $100 million.

The investment gives the Tokyo firm distribution rights to DreamWorks DVD product in Japan and elevates the value of the studio to around $3.5 billion, according to reports.

The Japanese company expects to make around $32 million in sales of DreamWorks product through the end of this year and another $138 million next year, according to The Hollywood Reporter.

DreamWorks, not a publicly traded company, is reportedly considering an IPO sometime this year for its animation division, which yielded Shrek and the upcoming Shrek 2.

Add Comment