'We Plan to Monetize Shrek The Musical in Any Number of Ways' Says DreamWorks

SHREK THE MUSICAL is mentioned in Dreamworks Animations Third Quarter 2009 Financial Report, noting that Library and other titles contributed $26.0 million of revenue to the quarter, including $10.0 million of revenue from Shrek The Musical. The Company recently announced that Shrek The Musical will play its final performance on Broadway on January 3, 2010. The earlier-than-anticipated closing resulted in approximately $0.03 per share of accelerated amortization expense for the production in the third quarter. In total, Shrek The Musical resulted in a $0.05 per share reduction in earnings for the third quarter.

"We plan to monetize Shrek The Musical in a number of ways going forward," said Lew Coleman, Chief Financial Officer of Dreamworks Animation. "We are confident today that these will be profitable activities for Dreamworks Animation and look forward to launching the touring company in Chicago next summer.""

Click here for more information and the full financial report. 

SHREK THE MUSICAL®, the Tony Award®-winning production, will play its final performance on Broadway at the Broadway Theatre (1681 Broadway) on Sunday, January 3rd, 2010 at 3:00 p.m. following 441 performances and 37 previews. SHREK THE MUSICAL® will launch a national tour at Chicago's Cadillac Palace Theatre for a limited engagement, July 13 - September 5, 2010.

In a statement, Jeffrey Katzenberg, CEO of Dreamworks Animation, said "While we were hopeful that the show would have had a longer run on Broadway we believe it will continue to create financial value for the company and deliver profits beyond our initial investment."

Bill Damaschke, President of DreamWorks Theatricals, said, "Bringing SHREK THE MUSICAL® to Broadway has been a joyous and thrilling adventure, and we couldn't be more proud of our first Broadway show. We now look forward to taking the production to audiences on tour in the US and beyond."

SHREK THE MUSICAL® recently announced "SHREKtoberfest," a month-long festival of "OGRE-SIZED" events leading up to and celebrating the production's one year anniversary on Broadway on November 8th. Beginning Tuesday, October 6th, 40 performances of SHREK THE MUSICAL® will have a great deal on tickets. In addition, through the first week of November, there will be exciting opportunities for talkbacks with cast members, free giveaways, and special offers on NYC attractions and dining. For more information, visit www.SHREKtoberfest.com.

SHREK THE MUSICAL® stars Tony Award® nominee Brian d'Arcy James as Shrek, Tony Award® winner Sutton Foster as Princess Fiona, Tony Award® nominee Christopher Sieber as Lord Farquaad, Tony Award® nominee Daniel Breaker as Donkey and Robb Sapp as Pinocchio.

The cast also features Cameron Adams, Tessa Albertson, R?zI Baker, Haven Burton, Bobby Daye, Ryan Duncan, Sarah Jane Everman, Maya Goldman, Justin Greer, Colleen Hawks, Lisa Ho, Chris Hoch, Marty Lawson, Jacob Ming-Trent, Carolyn Ockert-Haythe, Denny Paschall, Keven Quillon, Noah Rivera, Heather Jane Rolff, Jennifer Simard, Rachel Stern, Dennis Stowe, David F.M. Vaughn, Maia Nkenge Wilson, Ryan Worsing, Kirsten Wyatt.

SHREK THE MUSICAL® features a book and lyrics by Pulitzer Prize® winner, David Lindsay-Abaire, music by Olivier Award-winner Jeanine Tesori, and is directed by Tony Award® nominee Jason Moore. The production opened at the Broadway Theatre on Sunday, December 14. SHREK THE MUSICAL® will launch a national tour at Chicago's Cadillac Palace Theatre for a limited engagement, July 13 - September 5, 2010.

SHREK THE MUSICAL® is an entirely new musical based on the story and characters from William Steig's book Shrek!, as well as the Dreamworks Animation film Shrek, the first chapter of the Shrek movie series. The musical is produced by DreamWorks Theatricals (Bill Damaschke, President) and Neal Street Productions, Ltd (principals Sam Mendes and Caro Newling).

SHREK THE MUSICAL® tells the story of a swamp-dwelling ogre who goes on a life-changing adventure to reclaim the deed to his land. Joined by a wise-cracking donkey, this unlikely hero fights a fearsome dragon, rescues a feisty princess and learns that real friendship and true love aren't only found in fairy tales.

For more information, visit www.shrekthemusical.com

TICKET INFORMATION:
Tickets for SHREK THE MUSICAL® are available by calling Telecharge.com at (212) 239-6200, (800) 432-7250 outside the NY metro area, online at Telecharge.com, or in person at The Broadway Theatre box office (1681 Broadway @ 53rd St). Group sales are available by contacting Telecharge Group Sales at 212-239-6262, or 800-432-7780.

Tickets on Tuesdays through Thursdays range in price from $41.50 to $121.50, and tickets on Fridays through Sundays range in price from $51.50 to $126.50. All tickets include a $1.50 facility fee.

Photo Credit: Walter McBride/Retna Ltd.

Photo Credit: Walter McBride/Retna Ltd.