DreamWorks Animation Trims Slate to Two Films Per Year

January 22, 2015 11:20 PM

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DreamWorks Animation has announced a restructuring plan for its film business, including trimming its slate to two films a year. As part of the restructuring, marketing chief Dawn Taubin and COO Mark Zoradi are exiting the company and vice chairman Lew Coleman is retiring.

In an effort to bring down costs as it eliminates about 500 jobs -- or 18 percent of its entire staff -- the studio said today that, beginning in 2016, it will focus its efforts on one original film and one sequel per year.

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