DreamWorks Animation Names Andrew Chang General Counsel
November 10 2009 - 7:55AM
PR Newswire (US)
GLENDALE, Calif., Nov. 10 /PRNewswire-FirstCall/ -- DreamWorks
Animation SKG, Inc. (NASDAQ:DWA) today announced that Andrew Chang,
DreamWorks Animation's Head of Litigation and Technology Law, has
been named General Counsel. Chang has been with DreamWorks for
seven years and has held his current position since the Company's
IPO in 2004. Katherine Kendrick, who currently serves as General
Counsel, has announced plans to leave the Company when her contract
expires at the end of 2009. "As he has done so successfully over
the past seven years, I am confident that Andrew will remain a
leading force in propelling DreamWorks Animation into the future
when he joins our executive team as General Counsel," said Lew
Coleman, President and Chief Financial Officer of DreamWorks
Animation. "Andrew was instrumental in negotiating a number of the
Company's key strategic partnerships and alliances - including
those with HP, Intel and Technicolor in India - and possesses the
skill set required to maintain DreamWorks Animation's position as a
true leader in technology with a strong corporate infrastructure."
Chang commented, "It is truly an exciting time at DreamWorks
Animation as the Company grows and diversifies at an unprecedented
rate. I welcome this new opportunity to serve in a greater capacity
and look forward to working with the Company's deep bench of
innovative and creative talent." Prior to joining DreamWorks
Animation, Chang held the position of Vice President of Legal at
Metro-Goldwyn-Mayer Studios, Inc. Before joining MGM, he was an
associate at the law firm of Gibson, Dunn & Crutcher, in Los
Angeles, specializing in litigation, antitrust and distribution
practices. Chang received his J.D. degree from the Georgetown
University Law Center and an A.B. in politics from Princeton
University. About DreamWorks Animation DreamWorks Animation creates
high-quality entertainment, including CG animated feature films,
television specials and series, live entertainment properties and
online virtual worlds, meant for audiences around the world. The
Company has world-class creative talent, a strong and experienced
management team and advanced filmmaking technology and techniques.
All of DreamWorks Animation's feature films are now being produced
in 3D. The Company has theatrically released a total of 18 animated
feature films, including the franchise properties "Shrek,"
"Madagascar" and "Kung Fu Panda." Caution Concerning
Forward-Looking Statements This document includes certain
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. The Company's plans,
prospects, strategies, proposals and our beliefs and expectations
concerning performance of our current and future releases and
anticipated talent, directors and storyline for our upcoming films
and other projects, constitute forward-looking statements. These
statements are based on current expectations, estimates, forecasts
and projections about the industry in which we operate and
management's beliefs and assumptions. These statements are not
guarantees of future performance and involve risks, uncertainties
and assumptions which are difficult to predict. Actual results may
vary materially from those expressed or implied by the statements
herein due to changes in economic, business, competitive,
technological and/or regulatory factors, and other risks and
uncertainties affecting the operation of the business of DreamWorks
Animation SKG, Inc. These risks and uncertainties include: audience
acceptance of our films, our dependence on the success of a limited
number of releases each year, the increasing cost of producing and
marketing feature films, piracy of motion pictures, the effect of
rapid technological change or alternative forms of entertainment
and our need to protect our proprietary technology and enhance or
develop new technology. In addition, due to the uncertainties and
risks involved in the development and production of animated
feature projects, the release dates for the projects described in
this document may be delayed. For a further list and description of
such risks and uncertainties, see the reports filed by us with the
Securities and Exchange Commission, including our most recent
annual report on Form 10-K and our most recent quarterly reports on
Form 10-Q. DreamWorks Animation is under no obligation to, and
expressly disclaims any obligation to, update or alter its
forward-looking statements, whether as a result of new information,
future events, changes in assumptions or otherwise. DATASOURCE:
DreamWorks Animation SKG, Inc. CONTACT: Jeff Hare, DreamWorks
Animation Publicity, +1-818-695-8055, , Shannon Olivas, DreamWorks
Animation Corporate Communications, +1-818-695-3658, Web Site:
http://www.dreamworksanimation.com/
Copyright