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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 before year-end will determine how fully our newsroom can continue informing, serving, and strengthening Southern California.
If this story helped you today, please become a monthly member today to help sustain this mission. It just takes 1 minute to donate below.
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