I have no earthly idea. But the New York Times seems to be speculating:
... “Jeffrey Katzenberg is the rare instance of someone who actually should be running a bigger company,” said Roger Smith, a former film executive and the New York editor for Global Media Intelligence.
That’s not the way Mr. Katzenberg sees it. “I can see why we would be valuable to other people,” he said. “The challenge for me is to see why we need them. I’m not convinced at all that we need to be part of a larger company to be successful.”
Currently, most stand-alone movie outfits are openly for sale (Metro-Goldwyn-Mayer), looking for new money (Creative Artists Agency) or angling for an alliance (Lions Gate Entertainment). But Mr. Katzenberg insists that his company, with no debt and a powerful track record, has all it needs to thrive. ...
The days of Disney doing animated features while every other major stands around and watches is twenty years behind us. Maybe DWA's Megamind will be another solid hit (the crew is certainly hopeful), but the competitive ups and downs of the cartoon business just now have got to make existence a little queasy for the moguls.