Pursuits
DreamWorks Animation Sells Headquarters After Posting Loss
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DreamWorks Animation SKG Inc. reported a fourth-quarter loss of $263.2 million and sold its headquarters after writing down some films and cutting production.
The loss amounted to $3.08 a share, the Glendale, California-based company said Tuesday in a statement. Revenue rose 15 percent to $234.2 million, the company said, missing the $246.1 million average of estimates.