DreamWorks Animation has had better quarters.
DreamWorks Animation profits plunged more than 70 percent in its fourth quarter to $24.3 million, or $0.29 per share, with "Shrek" spinoff "Puss in Boots" failing to living up to the box office might of its predecessors.
“Although 2011 was a very successful year for Dreamworks Animation at the box office, it did reveal some challenges for the industry as a whole,” Jeffrey Katzenberg, chief executive officer of DreamWorks Animation, said on a conference call with analysts.
Katzenberg cited the weaker than expected DVD and Blu-ray sales of "Kung Fu Panda 2" as part of the reason for the sluggish quarter. ...
It's not enough to have robust box office. When the sales of the little silver disks fall off, you have problems.