DREAMWORKS ANIMATION SEEKS $650 MILLION IPO

DreamWorks Animation Inc. drops the curtain on a proposed $650 million initial public offering. The Glendale, Calif.-based studio filed Wednesday, July 21, its long-awaited prospectus with the U.S. Securities and Exchange Commission. The filing laid out terms of its separation from DreamWorks SKG, the entertainment company founded a decade ago to house the collective creative talents of film producers Steven Spielberg and Katzenberg and record producer David Geffen under one roof. (full article)