SUBMITTED BY Fred Hill
November 3, 2008 — Kung Fu Panda made was a huge chunk of the 3rd quarter results for DreamWorks Animation. Analysts also believe that the smaller studio should do just fine in the economic downturn.
One of the things about being a small Hollywood studio is that results swing heavily based on the performance of single film. That will be amply demonstrated Tuesday when DreamWorks Animation SKG releases its third-quarter earnings.
"Kung Fu Panda," which was released in June, has become one of DreamWorks' most successful movies, generating $630 million in worldwide ticket sales. The movie's box-office performance -- it hasn't come out on DVD yet -- has prompted some analysts to raise DreamWorks earnings estimates for the year...
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