Topic: DreamWorks Animation SKG Inc.

Big-screen blockbuster: Chinese conglomerate gobbles up AMC chain

In what some are calling a $2.6 billion prestige play, China's big fish Wanda is swallowing AMC to create the world's largest theater chain despite the steady decline in the US industry.

Obama event at George Clooney's house: Bad to be 'celebrity in chief'? (+video)

The Hollywood glitterati will be out in force for the sold-out fundraiser at George Clooney's place. The event will be a lucrative one for Obama's campaign, but the GOP is hoping to cash in too.

A twist on the fairy tale: a college-bound Disney Princess?

A kiss from some random dude vs. college? The Disney Princess archetypes infuse in the hearts of young girls everywhere. But a new campaign for a college-bound princess is a twist on the fairy tale.

'Iron Man 3' to have Chinese story line

'Iron Man 3' will be filmed in China, with Chinese business partners, and a Chinese story line, says Disney. Iron Man 3 will star Robert Downey Jr., Gwyneth Paltrow and Don Cheadle.

'Project X': 5 famous found-footage movies

'Project X,' a found-footage teen movie, is performing strongly at the box office – here are 5 of the most well-known movies of the genre

Stocks fall, but Nasdaq sees 3000

The Nasdaq index briefly touched 3000 Wednesday for the first time in over a decade, but the stock market fell for the day. The Dow lost 53 points to close at 12952

Xi Jinping film deals: Search for a Walt Disney of China?

Vice President Xi Jinping announces two film deals that offer Hollywood more access to China and set up a Chinese joint venture with DreamWorks to boost China's push into animation.

Xi Jinping in California: a glimpse of what China really wants

Chinese president-in-waiting Xi Jinping will spend most of his two-day California trip highlighting the two things that, perhaps, the Chinese people admire most about the US: films and basketball. 

Mission Impossible leads box office at end of weak year

The year's final weekend saw top movies add to ticket sales from the Christmas holiday one week earlier but no change in the top three chart positions. The "Sherlock Holmes" and "Alvin and the Chipmunks" franchise films took the No. 2 and 3 positions behind Tom Cruise's 'Mission Impossible: Ghost Protocol.'

Netflix will stream CW shows after collapse of Starz negotiations

Netflix: Under a four-year licensing deal announced Thursday, Netflix will have the right to show the previous seasons of TV series that CW airs through the network's 2014-15 programming window.

Election 101: Five basics about 'super PACs' and 2012 campaign money

The 'super PAC' promises to shake up the 2012 election. This new fundraising heavyweight – which Stephen Colbert famously brought attention to with his own Americans for a Better Tomorrow, Tomorrow – heralds a new era of 'superspending' in politics.

Arrested Development, cancelled in 2006, could be revived on Netflix

Arrested Development is coming back, creator Mitchell Hurwitz said over the weekend. And it could be coming straight to Netflix.

Beloved Roald Dahl book "The BFG" will get the big-screen treatment

The 1982 children's novel will be adapted by "E.T." screenwriter Melissa Mathison.

Zynga launches 'Empire' within days of its IPO

Zynga debuts 'Empires & Allies' as it prepares to sell shares of itself to the public. Valued at $10 billion, Zynga could make even more with its initial public offering.

Stocks end sharply higher, but down for May

The Dow fell about 240 points in May, which ended a five-month stretch of gains. Stocks closed higher on Tuesday with news of a possible Greek bailout package.

Kung Fu Panda 2: Hollywood works harder to win Chinese audiences

Kung Fu Panda 2, which opened May 27 in China, includes references that will be familiar to Chinese audiences – part of a broader Hollywood effort to flourish in the booming market.

Kung Fu Panda 2: How real life informs a fantasy

Kung Fu Panda 2: movie review

'Kung Fu Panda 2' delivers fast-paced 3-D adventure as Po wisecracks his way to inner peace.

Week ahead: new transparency at the Fed and a gusher of earnings

The Fed will hold its first-ever quarterly briefing, and new data will likely reveal sluggish economic growth for the first quarter

Obama in California: The good, the bad, and the $35,800 dinner plate

President Obama made his two-day, six-stop trip to California to raise money and rally his base. Along the way, he drew cheers at Facebook headquarters and hecklers in San Francisco.

How 'Tangled' topped 'Harry Potter' at box office

Disney's Rapunzel tale, 'Tangled,' was the No. 1 movie in the US last week, surprisingly beating 'Harry Potter and the Deathly Hallows, Part 1' by mixing the studio's old-school princess formula with a dash of action appeal for boys.

Batman, Lovecraft, and sequels, oh my!

Batman's 'Dark Knight Rises' is still awaiting a Bat foe. Guillermo del Toro's adaptation of H.P. Lovecraft's, 'At the Mountain of Madness' is in slow gear. But many sequels are in the works, including Benji, Madagascar, and How to Train Your Dragon.

3-D, this time with feeling

With digital 3-D, filmmakers aim to add emotional, not just visual, depth.

Liam Neeson and 'The A-Team' can't kick 'The Karate Kid' out of the weekend's top spot

Sony's remake of 1984's 'The Karate Kid' debuted at No. 1 for the weekend with a whopping $56 million. Liam Neeson and 'The A-Team' couldn't compete.

McDonald's recalls 12 million cadmium-tainted Shrek drinking glasses

The toxic metal cadmium has been detected in the paint on Shrek-themed drinking glasses being sold McDonald's in the United States, forcing the company to recall 12 million of the collectibles.