Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

DreamWorks Animation Skg Inc (DWA) Wants to Be The Walt Disney Company (DIS)

DreamWorks Animation Skg Inc (NASDAQ:DWA) isn’t happy just being the creator of hit films like Shrek and Kung Fu Panda. The company has a much bigger dream in mind. It wants to be more like The Walt Disney Company (NYSE:DIS).

That’s clear enough from its corporate communications. In yesterday’s earnings release, CEO Jeffrey Katzenberg said that Dreamworks Animation Skg Inc (NASDAQ:DWA) continues to “diversify and evolve into a branded family entertainment company.” That sounds more than a bit like The Walt Disney Company (NYSE:DIS), which defines itself as “a diversified worldwide entertainment company” that pulls revenue from its studio business while also profiting from consumer products, television, and theme parks.

Dreamworks Animation Skg Inc (NASDAQ:DWA)Not just movies
Investors could see evidence of the diversity that Dreamworks Animation Skg Inc (NASDAQ:DWA) is after in its latest quarterly results. Yes, it still got the vast majority of revenue from theatrical releases, with The Croods standing out as a hit and bringing in $72 million of DreamWorks’ $213 million in sales. But the company also booked significant revenue from a licensing deal with Netflix, Inc. (NASDAQ:NFLX), and from its Classic Media television property that it purchased last year.

Dreamworks Animation Skg Inc (NASDAQ:DWA) also announced a major push into the consumer products business. It made a deal with Hasbro, Inc. (NASDAQ:HAS) to release toys and games around its theatrical releases for 2015 and 2016. DreamWorks expanded its properties into theme parks, too, licensing new entertainment venues at SeaWorld in San Diego and at Busch Gardens in Tampa, Fla., this past quarter. The company even got deeper into the cruise business by expanding its deal with Royal Caribbean Cruises Ltd. (NYSE:RCL) to include two of Royal’s newest ships.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.