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Shares plunged in 2014 and things got so bad that DreamWorks Animation was reportedly in talks to sell itself to toy maker Hasbro ( HAS) and Japanese tech/telecom conglomerate SoftBank ( SFTBY).
#KUNG FU PANDA 3 FULL MOVIE IN THEATRRS SERIES#
The studio racked up losses after a series of duds at the box office. So the nightmare for DreamWorks Animation may be over after a tough couple of years.
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One of the country's biggest hits last year as an animated CGI movie called "Monkey King: Hero is Back." It's also a movie targeted mainly at kids - a market that is growing rapidly in China. Related: China's richest man buys Hollywood studioīut "Kung Fu Panda 3" is even more tailor made for China than other American films. The latest Star Wars, Fast and Furious, Avengers and Transformers movies were all hits in China. Shanghai Media Group is the second largest TV and radio conglomerate in China.Īnd Shanghai Alliance Investment Ltd is the private equity arm of the Shanghai government.ĭreamWorks Animation is making a big bet - like other Hollywood studios - on Chinese moviegoers since there seems to be significant demand for U.S. China is next.Ĭhina Media Capital is an investment firm that owns a stake in the Chinese subsidiary of big screen movie operator IMAX ( IMAX). The studio co-produced the movie with a partner named Oriental DreamWorks - a joint venture it set up in 2012 with these three big players in the Chinese entertainment industry. And that could wind up being very big for DreamWorks Animation. Even though it's been nearly five years since "Kung Fu Panda 2", there was a TV show - "Kung Fu Panda: Legends of Awesomeness" - on Nickelodeon to keep Po, Master Shifu and the Furious Five from fading into pop culture oblivion.īut the movie isn't just coming out in the United States this weekend.