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DreamWorks Animation could be headed to Sony

DreamWorks Animation has decided not to distribute its own films after its longtime deal with Paramount Pictures expires this fall, and it may strike a new pact with Sony Pictures, according to people close to the negotiations not authorized to speak publicly.

 

Paramount to launch big-budget animation unit

Paramount to launch big-budget animation unit

Viacom's movie studio, Paramount Pictures, is launching its own animated division to make films with large budgets of up to $100 million each.

 

'Megamind' is No. 1 movie: $47.7M

'Megamind' is No. 1 movie: $47.7M

A trio of new releases propelled the box office to a record weekend, and DreamWorks Animation’s and Paramount Pictures’ Megamind led the way with $47.7 million, according to studio estimates. The $130 million CG-animated comedy starring Will Ferrell, Brad Pitt, and Tina Fey got off to a slightly underwhelming $12.5 million start on Friday. But the superhero flick skyrocketed 65 percent on Saturday as parents, starved for a family film to take their tots to, stormed the local multiplex.

 

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