DreamWorks says TV revenue to hit $200M by 2015

June 18, 2013

DreamWorks Animation SKG Inc. says its new deal to provide original TV shows to Netflix will help it double the revenue it gets from TV shows to $200 million by 2015.

DreamWorks expects $100 million in TV revenue this year. The Glendale, Calif., company released the figures in a call with analysts Tuesday.

The deal to supply . with 300 hours of new TV shows over several years was announced Monday. It allows Netflix to debut the shows in the 40 markets where the video company operates. DreamWorks also announced Tuesday that it will supply new TV shows to German broadcaster Super RTL, where Netflix doesn't operate.

shares are up 44 cents to $24.75 in aftermarket trading. The stock has gained 6.6 percent this week.

Explore further: Netflix signs streaming deal with Dreamworks: report

Related Stories

Britain and Ireland tuning into Netflix

August 20, 2012

Netflix on Monday announced that one million people in Britain and Ireland signed up for the film and TV show streaming Internet service in the seven months after its debut there.

Netflix shares soar as ranks of viewers surge

April 23, 2013

Netflix shares jumped 24 percent in after-hours trade on Monday on earnings figures indicating that original programs and other tactics are luring viewers to the streaming Internet video service.

Recommended for you

Inferring urban travel patterns from cellphone data

August 29, 2016

In making decisions about infrastructure development and resource allocation, city planners rely on models of how people move through their cities, on foot, in cars, and on public transportation. Those models are largely ...

How machine learning can help with voice disorders

August 29, 2016

There's no human instinct more basic than speech, and yet, for many people, talking can be taxing. 1 in 14 working-age Americans suffer from voice disorders that are often associated with abnormal vocal behaviors - some of ...

Apple issues update after cyber weapon captured

August 26, 2016

Apple iPhone owners on Friday were urged to install a quickly released security update after a sophisticated attack on an Emirati dissident exposed vulnerabilities targeted by cyber arms dealers.

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.