“Dragon" 3-D film delayed to 2010
IMP News Wire Dated February, 27 2007

DreamWorks Animation has delayed its offering "How to Train Your Dragon" by four months to March 26, 2010.

The move leaves the studio with just one release, "Monsters vs. Aliens," scheduled for next year, and three for 2010: "Dragon," "Shrek Goes Fourth" on May 21, and "Master Mind," the working title of a film set for November 5 that year.

DreamWorks Animation reported net income of $94.1 million in the fourth quarter, up from a loss of $21.3 million in the same quarter a year ago. Revenue increased 42% to $290.2 million, with nearly 62% of that coming from "Shrek the Third."

Katzenberg said making a movie 3-D adds about $15 million to its production cost. "There is significant enough potential given the premium price that consumers appear to be paying for 3-D to be a very good return on our investment," he said.

DreamWorks Animation's next two releases, "Kung Fu Panda," set for June 6, and "Madagascar: The Crate Escape," planned for November 7, are 2-D releases. From then on, the company plans for its films to be exhibited both in 2-D and stereoscopic 3-D.

Courtesy: Reuters/Hollywood Reporter