Jeffrey Katzenberg on DWA’s Cutbacks: ‘3 Films a Year Was Too Ambitious’

January 22, 2015 11:49 PM

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Jeffrey Katzenberg on DWA’s Cutbacks: ‘3 Films a Year Was Too Ambitious’

DreamWorks Animation’s goals may have been a little too lofty when it announced plans to start releasing three films a year, admits company chief Jeffrey Katzenberg.

“Making three films a year was too ambitious,” Katzenberg told analysts after announcing a major reorganization of the Glendale, Calif. toon studio that is resulting in layoffs of around 500 people, including its chief marketing officer Dawn Taubin, and chief operating officer Mark Zoradi. Chief cre...

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