Dreamworks Animation Closes PDI Studio, Cuts 500 Jobs
The animation world was rocked this week asDreamworks Animationclosed itsPDI Studioin northern California. The closure comes as part of an expected round of Dreamworks Animation layoffs, but the 500 jobs that were cut this week far exceeded expectations, and the closure of the studio had not been predicted at all. Along with these layoffs comes a significant reduction in production, as the company’s planned three film per year output will now back off to only two films: one original per year, and one sequel.
Along with this closure comes another push for theHow to Train Your Dragon 3release date — the film will now arrive in 2018.
Dreamworks Animationannouncedthat the studio closure is effective immediately, and that some artists are being offered the chance to relocate to the remaining Dreamworks Animation facility in Glendale, CA.
The remaining slate for the company looks like this:
You’ll see there’s only one film scheduled for 2015. The other was originally going to beB.O.O.: Bureau of Otherworldly Operations, but in November of last year that film was taken off the release schedule. As of now, it isn’t anywhere in the company’s release plan. What the future holds for the film remains to be seen.
In addition, DA still hasCaptain Underpants,but that film “will be produced outside of the studio’s pipeline at a significantly lower cost,” in a move that could represent the future for some other Dreamworks Animation films. That will be released in 2017.
In the press release, Jeffrey Katzenberg said,
The number one priority for DreamWorks Animation’s core film business is to deliver consistent creative and financial success. I am confident that this strategic plan will deliver great films, better box office results, and growing profitability across our complementary businesses.
