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DreamWorks Animation officially passes on Paramount

August 02, 2011|The Los Angeles Times

DreamWorks Animation has ruled out working with Paramount Pictures after next year.

The independent studio behind the "Shrek" and "Kung Fu Panda" movies officially informed Paramount Pictures that it was rejecting an offer to continue their distribution agreement on the same financial terms for one additional year, confirmed a person familiar with the matter who was not authorized to speak publicly.  COMPANY TOWN

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