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'Home' run, licensing fees power DreamWorks blockbuster show

Actress America Ferrera and CEO DreamWorks Animation Jeffrey Katzenberg pose at The Hollywood Reporter's 3rd annual Nominees Night to honor the 2015 Academy Award nominees at Spago in Beverly HillsHollywood studio DreamWorks Animation SKG Inc reported better-than-expected quarterly revenue and profit, helped by the worldwide television release of its movie "Home" and higher licensing fees. Shares of the company, which produced the popular "Shrek" and "Kung Fu Panda" movies, rose 9.2 percent to $23 in after-hours trading on Tuesday. DreamWorks has been reducing its dependence on the volatile feature films business to concentrate on increasing revenue from licensing its original content to media houses and video streaming companies such as Netflix Inc and Verizon Communications Inc's Go90.




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