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'Shark Tale' Success May Aid DreamWorks IPO
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The DreamWorks studio has had recent success with films like Shark Tale, which took in almost $50 million this weekend. The news helps the company's chances of raising money on an initial public offering; analysts had warned that expenses such as its series for NBC TV, Father of the Pride, could harm the company's prospects. Kim Masters reports.
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Right now, LAist has lost $1.7M in annual funding due to Congress clawing back money already approved. The support we receive from readers like you will determine how fully our newsroom can continue informing, serving, and strengthening Southern California.
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