Company officials said fourth-quarter earnings were driven by home video sales of "Madagascar," which finished among the best-selling home video titles of 2005.
Revenue for the fourth quarter of 2005 totaled $172.9 million. "Madagascar" contributed $152.3 million of revenue, driven mostly by home video sales.
Revenue from the animated feature "Shark Tale" contributed $5.7 million in the quarter. Remaining revenue for the quarter came from library and other films, which contributed about $14.9 million, reports said.
Local firm purchases property
Glendale-based American Realty Advisors have acquired The Quadrangle, a mixed-use, office-retail development in the Dallas/Fort Worth office market.
The193,970-square-
foot property features an eight-story office tower and includes six two-story office , a company news release said.
The Quadrangle is a landmark within Dallas, which has recently experienced a boom in residential and retail development.
American Realty Advisors is an investment advisory firm and a leading provider of investment management services to institutional investors.
The Firm's portfolios include office, industrial, and retail properties across the nation.