The Dreamworks Animation CEO attributes his movie’s problems to an “oversaturated marketplace” as the release was overwhelmed by family friendly competition. “We hit a perfect storm here,” Jeffrey Katzenberg told analysts in a call to discuss Q2 earnings. The release on July 17 “was just a bad date.” This summer…

UPDATE: Insiders now tell Deadline that Thursday’s fundraiser at George Clooney’s Studio City home now has reached close to $15 million. The breakdown when the total was at $14.5M equaled $6M raised for the dinner and $8.5M for the accompanying online raffle which attracted general public donations for a chance to…

I hoped there would be fistfights. Or at least a chair thrown or two. “I tried but no one wanted to rumble,” Jeffrey Katzenberg told me later. Instead, Jeff Robinov, Tom Rothman, Rob Moore, Stacey Snider, Harvey Weinstein, Rob Friedman, and Katzenberg demonstrated remarkable restraint as they talked, joked, and mused…

Now that Big Media’s 2Q earnings season is over, the big question on Wall Street is: Did it give us any insight into the future? CEOs’ cheery talk about strong ad sales in TV’s upfront market, the expected bump next year from political ads, and the revenues coming in from online streaming services may be irrelevant if…

Analyst Richard Greenfield of Wall Street’s BTIG has long been skeptical of claims by Jeffrey Katzenberg and James Cameron that 3D would do wonders for the movie business. But now Greenfield says that 3D is actually hurting the industry: “U.S. consumers are increasingly rejecting 3D movies,” he said in a report today…

Hollywood is jetting to the annual Allen & Co investment conference in Sun Valley starting today. I’ve just been emailed the in-room schedule by a participant, and this year showbiz is back in favor because of an “Entertainment Panel” consisting of Barry Diller, Peter Chernin, Jeff Katzenberg, and Bobby Kotick (the…