Before we begin, we need to remind you that certain statements made on this call may constitute forward-looking statements. Forward-looking statements can vary materially from actual results and are subject to a number of risks and uncertainties, including those contained in the company’s annual and quarterly reports as well as in other filings with the SEC. I would encourage all of you to review the Risk Factors listed in these documents. The company undertakes no obligation to update any of its forward-looking statements.
And with that, I would now like to hand the call over to DreamWorks Animation’s Chief Executive Officer, Jeffrey Katzenberg. Jeffrey?
Thanks Rich and good afternoon everyone. The big events for the company in the second quarter was Madagascar 3, Europe’s Most Wanted, which was released in the U.S. on June 8th. Today, it's grossed $210 million at the domestic box office and $292 million overseas for a worldwide total of over $500 million, making it the seventh highest grossing movie of the year on a global basis. It is the third and biggest film in our blockbuster Madagascar franchise and yet another incredibly successful sequel for the company.All DreamWorks Animation sequels have surpassed $600 million at the worldwide box office and Madagascar 3 is on-track to do the same. It was the number one movie in the U.S. during its first two weekends of release and continues to break records in many territories around the globe. To name just a few, in Russia, Madagascar 3 is the number one animated movie of all time as well as the number three film of all time. The top three animated films ever in Russia are now DreamWorks Animation titles.In the Ukraine, United Arab Emirates and Egypt, it became the biggest grossing animated movie of the year and in Brazil and Argentina it had the biggest opening weekend of all time for an animated film. And in Portugal, this past weekend it had the biggest opening of the year of any movie so far.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV