--(www.USEquityNews.com)-- 10/29/2008 - Entertainment industry alert provided by U.S. Equity News. For the quarter ended September 30, 2008, DreamWorks Animation SKG, Inc. (NYSE: DWA) reported total revenue of $151.5 million and net income of $37.4 million, or $0.41 per share on a fully diluted basis. This compares to revenue of $160.8 million and net income of $47.0 million, or $0.47 per share on a fully diluted basis, for the same period in 2007. To date, Kung Fu Panda has reached approximately $415 million in international box office and over $630 million worldwide, making it DreamWorks Animation's most successful original film of all time.
Archer Entertainment Media Communications, Incorporated (OTC: AEMC) www.archeremc.com, (ISIN US039490107), announced today the signing of a Letter of Intent to acquire the intellectual property owned by White Bear Productions, Inc., of New York, an edu-tainment-oriented print and Internet property designed to recruit children globally in the campaign against climate change. The transaction is now undergoing Due Diligence.
Regal Entertainment Group (NYSE: RGC), a leading motion picture exhibitor owning and operating the largest theatre circuit in the United States, announced today that tickets will go on sale Friday for Walt Disney Pictures' Bolt in Disney Digital 3D. Regal Entertainment Group will offer this digital 3D presentation at 140 locations across the country utilizing the RealD cinema system. The movie opens Friday, November 21.
uKarma Corporation (OTCBB: UKMA), a lifestyle multimedia and consumer products company focused on health, wellness and personal development, announced today that its exclusive international distributor, Northern Response (International), Ltd, showcased uKarma's innovative Xflowsion DVD series at the Electronic Retailer's Association (ERA) Conference in Las Vegas during September and has begun taking orders for foreign markets.
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