DreamWorks 4Q profit falls, when will the govt...
 

decide to give serious life sentences to those who rob people and destroy entire industries, the movie industry music industry are just going to go downhill destroy millions of jobs all because of hundreds of billions of dollar of stolen music, software and movies

http://finance.yahoo.com/news/DreamW...-14457124.html


DreamWorks 4th-qtr profit falls as revenue drops 31 percent

* Tuesday February 24, 2009, 4:34 pm EST

NEW YORK (AP) -- DreamWorks Animation SKG Inc. says its fourth-quarter profit fell as revenue dropped 31 percent.

The Glendale, Calif.-based creator of "Madagascar: Escape 2 Africa" said Tuesday that it earned $51.6 million, or 58 cents per share, compared with $94.1 million, or 98 cents per share, in the year-earlier quarter.

The company's revenue fell to $199.8 million from $290.2 million in the year-earlier quarter.

Analysts polled by Thomson Reuters expected a profit of 60 cents per share on $232.5 million in revenue.

For the full year, DreamWorks earned $142.5 million, or $1.57 per share, on $650.1 million in revenue. This is lower than the $218.4 million, or $2.17 per share, it earned on $767.2 million in revenue in 2007.

my friends at sony say they are suffering from piracy as well. the incentive to create content is being reduced, which is a threat to our democracy imho.

okay i lol'd

It's like in that South Park episode. If that shit keeps up, celebrities are going to be doomed to living a life of only semi-luxury! It's a damn shame!

or they'll stop making cool shit that gets pirated and make lame stuff targeted at old people and Mormons who won't pirate it! ah fuck!