Tuesday, April 7, 2020

SHREK FOREVER AFTER: WHO’S DISAPPOINTED NOW?

October 27, 2010 by · Leave a Comment 

Although widely described as a disappointment by analysts when it opened below expectations domestically last May, Shrek Forever After has turned out to be DreamWorks Animation’s highest-grossing release of all time. In a statement released in connection with its third-quarter SEC filing, the studio said that it now intends to release at least three films a year. (It’s next film, Megamind, is due on Nov. 5.) Results for the quarter far exceeded analysts’ forecasts. The studio posted earnings of $39.8 million, up 103 percent from $19.6 million for the same period a year ago. Revenue for the quarter was put at $135.4 million, of which the Shrek movie contributed $120.4 million.