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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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But the game has changed: Congress voted to eliminate funding for public media across the country. Here at LAist that means a loss of $1.7 million in our budget every year. We want to assure you that despite growing threats to free press and free speech, LAist will remain a voice you know and trust. Speaking frankly, the amount of reader support we receive will help determine how strong of a newsroom we are going forward to cover the important news in our community.
We’re asking you to stand up for independent reporting that will not be silenced. With more individuals like you supporting this public service, we can continue to provide essential coverage for Southern Californians that you can’t find anywhere else. Become a monthly member today to help sustain this mission.
Thank you for your generous support and belief in the value of independent news.
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