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July 16
1925 - Actor Harry Carey files patent on the original 160-acre Saugus homestead he'd purchased in 1916 (now Tesoro Del Valle) [story]


DreamWorks Animation  is implementing a new strategic plan to restructure its core feature animation business to ensure the consistent and profitable delivery of the high quality films that audiences have come to expect from the studio.  Following a full review of the business, the company will focus its feature production from three films per year down to two, maximize its creative talent and resources, reduce costs, and drive profitability.

dreamworks-logoUnder the leadership of newly appointed Co-Presidents of Feature Animation Bonnie Arnold and Mireille Soria, the studio’s core feature animation production will now focus on six specific movies for the next three years – one original film and one sequel each year – including Kung Fu Panda 3 (March 18, 2016), Trolls (Nov. 4, 2016), Boss Baby (Jan. 13, 2017), The Croods 2 (Dec. 22, 2017), Larrikins (Feb. 16, 2018) and How to Train Your Dragon 3 (June 29, 2018). Captain Underpants, which will be produced outside of the studio’s pipeline at a significantly lower cost, is scheduled for release in 2017.  The company’s 2015 release, Home, will premiere domestically on March 27.

“The number one priority for DreamWorks Animation’s core film business is to deliver consistent creative and financial success,” said DreamWorks Animation Chief Executive Officer Jeffrey Katzenberg.  “I am confident that this strategic plan will deliver great films, better box office results, and growing profitability across our complementary businesses.”

The overall reduction of DreamWorks Animation’s feature production output will result in a loss of approximately 500 jobs across all locations and all divisions of the studio. DreamWorks expects to incur a pre-tax charge of approximately $290 million in connection with the restructuring and related items.  These costs are expected to be incurred primarily in the quarter ended December 31, 2014, with the remainder in 2015 and 2016.  The plan will result in total cash payments of approximately $110 million incurred primarily in 2015The restructuring plan is expected to be substantially complete by the end of 2015 and expected to result in annualized pre-tax cost savings of approximately $30 million in 2015, growing to roughly $60 million by 2017.

 

About DreamWorks Animation

DreamWorks Animation  creates high-quality entertainment, including CG animated feature films, television specials and series and live entertainment properties, 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. DreamWorks Animation has been named one of the “100 Best Companies to Work For” by FORTUNE® Magazine for five consecutive years. In 2013, DreamWorks Animation ranked #12 on the list.  All of DreamWorks Animation’s feature films are produced in 3D. The Company has theatrically released a total of 30 animated feature films, including the franchise properties of Shrek, Madagascar, Kung Fu Panda, How to Train Your Dragon, Puss In Boots, and The Croods.

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ARTS & ENTERTAINMENT LINKS
ARTS & ENTERTAINMENT NEWS
Monday, Jul 16, 2018
Saxtravaganza, Santa Clarita's all-saxophone chamber ensemble, will play a free concert at Hart Hall (inside Hart Park) on Thursday, July 19, starting at 7 p.m.
Monday, Jul 16, 2018
The city of Santa Clarita has updated the list of productions shooting in the city and the Santa Clarita Valley the week of July 16-22, 2018.
Friday, Jul 13, 2018
The CTG Stars teenage summer workshop production of "Shrek: The Musical, Jr." takes the stage at the Canyon Theatre Guild in Old Town Newhall for two final performances on Saturday night and Sunday afternoon.
Friday, Jul 13, 2018
The William S. Hart Museum will host an open house and summer fun event for kids on Thursday, July 19 from 10 a.m. to 1 p.m.
Friday, Jul 13, 2018
The city of Santa Clarita invites residents to explore the newest exhibit at the Westfield Valencia Town Center Art Space -- “Urban Objects” by artist Aaron Kramer, on display now through October 2.
Latest Additions to SCVNews.com
Berry Petroleum Corp., owner of the Placerita oil field west of Sierra Highway between Placerita Canyon Road and Golden Valley Road in Santa Clarita - and many other oil properties in the San Joaquin Valley - announced Monday that it has launched an initial public offering of its common stock.
Placerita Oil Field Owner Going Public Again
The U.S. Food and Drug Administration is alerting health care professionals and patients of a voluntary recall of several drug products containing the active ingredient Valsartan, used to treat high blood pressure and heart failure.
Blood Pressure Medicine Valsartan Recalled for Cancer-Causing Impurity
The next regular meeting of the Governing Board of the William S. Hart Union High School District is Wednesday, July 18 at the Administrative Center, 21380 Centre Pointe Parkway, Santa Clarita 91350.
July 18: Hart District Governing Board Regular Meeting
The Canyon Country Advisory Committee, a division of the Santa Clarita City Council, will hold its next meeting on Wednesday, July 18, from 7 p.m. to 9 p.m.
July 18: Canyon Country Advisory Committee Meeting
Since April, TMU grad Zach Klindworth has worked and trained with a soccer team in Iceland, 4,000 miles from Santa Clarita, the only city he'd ever known.
TMU Soccer Alum Zach Klindworth Takes Talents to Iceland
The Lancaster JetHawks scored a run in the seventh inning to take the lead and hung on to beat Lake Elsinore, 3-2, Sunday evening at The Hangar.
JetHawks Hang on for Sunday Win Over Storm
Lake Elsinore proved too much for the JetHawks Saturday night, handing Lancaster an 11-4 loss at The Hangar.
Lancaster JetHawks Overcome by Storm Saturday
The Lancaster JetHawks opened up a four-game series with a 6-2 win over the Lake Elsinore Storm in front of 4,348 at The Hangar Friday night to kick off Star Wars Weekend.
The Force With JetHawks in Friday Win Over Storm
Saxtravaganza, Santa Clarita's all-saxophone chamber ensemble, will play a free concert at Hart Hall (inside Hart Park) on Thursday, July 19, starting at 7 p.m.
July 19: Saxtravaganza Chamber Ensemble Returns to Hart Hall
Members of the Boys & Girls Club of Santa Clarita Valley will participate in the semi-annual Pinewood Derby at the Newhall Clubhouse on Wednesday, July 18 starting at 4:30 p.m.
July 18: SCV Boys & Girls Club Pinewood Derby
The city of Santa Clarita's Community Preservation Division sent a notice of violation Monday to the owners of the Canyon View Mobile Home Estates property in Canyon Country, ordering the removal of multiple solar panels installed on the hillside just north of the park.
Canyon Country Mobile Home Park Cited for Hillside Solar Panels
Ingrid Moon, a sixth-grade science facilitator at tuition-free public charter school iLEAD Encino, and Kimberli Lengning, a facilitator at iLEAD Lancaster, have been named Distinguished STEM Educators by Columbia University.
iLEAD Science Facilitators Named Distinguished STEM Educators
The city of Santa Clarita has updated the list of productions shooting in the city and the Santa Clarita Valley the week of July 16-22, 2018.
‘Mayans,’ ‘Santa Clarita Diet,’ Spots, Student Films Now Shooting in SCV
The Greater Los Angeles County Vector Control District confirmed West Nile virus in a sample of mosquitoes collected from Panorama City (zip code 91402), the first confirmation of WNV activity in the district’s service area this year.
First West Nile Positive Mosquitoes Found – Panorama City
Air quality is very unhealthy for all residents of the Santa Clarita Valley Monday, according to an alert from the South Coast Air Quality Management District.
AQMD: Air Quality Very Unhealthy Monday for SCV Residents
Santa Clarita Valley Sheriff's Station deputies arrested a man with an outstanding warrant who was allegedly also in possession of drugs in Stevenson Ranch early Saturday morning.
Golden Valley High School grad U.S. Air Force Airman Victoria A. Arguello has graduated from basic military training at Joint Base San Antonio-Lackland, San Antonio, Texas.
Santa Clarita USAF Airman Victoria Arguello Completes Basic Training
1925 - Actor Harry Carey files patent on the original 160-acre Saugus homestead he'd purchased in 1916 (now Tesoro Del Valle) [story]
1891 - R.E. Nickel publishes area's first newspaper, The Acton Rooster [story]
Stay out of the water at Pyramid Lake in Los Angeles County until further notice and avoid eating fish from the lake due to the presence of blue-green algae.
Algae in Pyramid Lake at ‘Danger’ Level – Keep Out
1769 - Portolá party sets out from San Diego; first Europeans to "discover" Santa Clarita Valley 3½ weeks later [story]
The CTG Stars teenage summer workshop production of "Shrek: The Musical, Jr." takes the stage at the Canyon Theatre Guild in Old Town Newhall for two final performances on Saturday night and Sunday afternoon.
July 14-15: CTG Stars Teen Workshop Stages ‘Shrek: The Musical Jr.’
The William S. Hart Museum will host an open house and summer fun event for kids on Thursday, July 19 from 10 a.m. to 1 p.m.
July 19: Open House, Summer Fun Event for Kids at Hart Museum
College of the Canyons will accept an additional 500 students to its First-Year Promise program for the fall 2018 semester, an expansion made possible by funding from a new state program called California College Promise.
COC to Accept 500 More First-Year Promise Students
The city of Santa Clarita invites residents to explore the newest exhibit at the Westfield Valencia Town Center Art Space -- “Urban Objects” by artist Aaron Kramer, on display now through October 2.
‘Urban Objects’ by Aaron Kramer on Display at Town Center Art Space
Bank of Santa Clarita announced Friday that for the second quarter of 2018, earnings again reached record levels, as net earnings totaled $867,000, a 91 percent growth over its earnings for the second quarter of 2017.
Bank of Santa Clarita’s Earnings Continue to Grow Significantly
Los Angeles County voters may soon be asked to vote on a new "parcel" tax to be levied on private property owners' "impenetrable areas" -- everything from rooftops to driveways -- to help pay for the capture of recyclable stormwater runoff.
Supes Float New Tax on Roofs, Driveways, Patios
In an effort to keep property crime in the Santa Clarita Valley low and help residents protect their valuables, the city of Santa Clarita and the SCV Sheriff’s Station have partnered to bring a new public safety campaign to the city called 'The Stolen Collection.'
Don’t Let Your Items Become Part of ‘The Stolen Collection’
The California Air Resources Board and the United States Environmental Protection Agency have approved emissions modifications for the last remaining Volkswagen vehicles containing undisclosed software which deliberately shut down emission control equipment.
CARB, EPA OK Final VW Diesel Modification to Kill Illegal ‘Defeat Devices’
Vince Fernandez cranked a three-run homer to give the Lancaster JetHawks a lead, but the bullpen and defense couldn’t hold on in an 8-4 loss to the Rancho Cucamonga Quakes on Thursday night at LoanMart Field.
Series Finale Slips Away from JetHawks
A coalition of 13 Attorneys General including California's, along with the California Air Resources Board and the Pennsylvania Department of Environmental Protection, submitted a letter to the U.S. EPA Friday demanding the immediate reinstatement of the Glider Rule for high-polluting trucks.
AG’s Demand EPA Reinstate ‘Glider Rule’ for High-Polluting Trucks
The next meeting of the Los Angeles County Board of Supervisors is set for Tuesday, July 17, starting at 9:30 a.m.
July 17: LA County Board of Supervisors Meeting
Santa Clarita Valley International, a free public charter school serving learners in grades TK through 12, has welcomed veteran educator Farnaz Kaufman as its new School Director, and she will welcome visitors on SCVi’s Prospective Family Night on Thursday, July 19.
July 19: SCVi Open House, Meetup with New Director
1884 - Hardison & Stewart start drilling Star No. 1 oil well in Pico Canyon; later form Union Oil Co. [story]
The Valencia Jazz & Blues Summer Concert Series continues Friday, July 13, with Jim Gibson.
July 13: Jim Gibson Takes Stage at Valencia Jazz & Blues Series
Los Angeles County Department of Parks and Recreation presents its latest Recreation After Dark at William S. Hart Regional Park in Newhall with an evening showcase of music and dance featuring the Sue Rey and the Runarounds.
July 28: Sue Rey & the Runarounds at Hart Park