DreamWorks Animation will make fewer movies because not enough people are seeing them — theverge.com

DreamWorks Animation plans to cut around 500 jobs and reduce its film output from three per year to two per year as part of a major restructuring meant to improve its profitability. The studio, known for Shrek and the Madagascar series, has struggled at the box office in recent years despite finally finding some critical success with How to Train Your Dragon. Continued box-office misses have put DreamWorks Animation in a tough place. Twice this year, other companies have considered buying it, though neither purchase — from SoftBank or Hasbro — panned out.

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