DreamWorks Animation scales back release slate; cuts 500 jobs

January 23, 2015 12:31 AM

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DreamWorks Animation scales back release slate; cuts 500 jobs

The studio will release over the next three years "Kung Fu Panda 3," "Trolls," "Boss Baby," "The Croods 2," "Larrikins" and "How to Train Your Dragon 3."

By implementing the strategy announced Thursday, the company said it will "focus its feature production from three films per year down to two, maximize its creative talent and resources, reduce costs, and drive profitability."

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