“Movies Are Not A Growth Business”, Jeffrey Katzenberg Tells Confab

“The business of movies as a traditional business has been challenged on many levels and it’s not a growth business,” said Jeffrey Katzenberg today at the Milken Institute’s Global Conference in Beverly Hills. “TV is a growth business. Short form content is a growth business. Movies are not a growth business,” he added of the shift in the industry in recent years.  The DreamWorks Animation CEO was joined by Liberty Media CEO Greg Maffei on a panel at the annual boardroom confab on Entrepreneurial Leadership In the Corporate World. “The stakeholders are trapped in an enterprise that can’t get out of its own way,” Katzenberg added. “For it really to grow it needs to break out of the windows that have existed for many generations. And I think that’s 10 years away.”

Related: DreamWorks Animation’s Jeffrey Katzenberg Made $13.5M In 2013, +157%
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This article was printed from https://deadline.com/2014/04/jeffrey-katzenberg-milken-institute-movies-business-720809/