DreamWorks Animation boss makes the wrong kind of headlines

DreamWorks Animation boss makes the wrong kind of headlines, Hollywood and Wall Street saw DreamWorks Animation boss Jeffrey Katzenberg make all the wrong kind of headlines last week.

The embarrassing collapse of merger talks with toy-maker Hasbro Nov. 20 sent DreamWorks’ stock down as much as 14 percent that morning. Just two months earlier, DWA had similarly failed merger talks in September with Japan telecom giant Softbank.

But Katzenberg is nothing if not intrepid. While the movie and finance worlds were still buzzing about the failed talks, the movie mogul got out in New York last week to promote DWA’s “Penguins of Madagascar.”
A party at the Bryant Park ice rink saw Katzenberg mingling with actors including Benedict Cumberbatch and Mr. 305, Pitbull.

But Katzenberg did not chat with press or get out on the rink, according to our spies. (We’ll save the thin-ice jokes.)
“Penguins” stars a bunch of accident-prone penguins who brave a vengeful squid named Dave. It opens on Nov. 26 and is distributed by 20th Century Fox.

Other VIPs who took their chances of staying upright on the ice included ABC News’ George Stephanopoulos and actress Debra Messing .