According to The Hollywood Reporter, Jeffery Katzenberg has replaced Bill Damaschke with two faces, Bonnie Arnold and Mireille Soria. Since 2014 included a few forgettable box office performances, including “Penguins of Madagascar” and “Mr. Peabody & Sherman,” Damaschke was the unfortunate person who took the blame for the lack of financial production. Both of the new co-presidents have significant experience in the animation industry and will be looking to put DreamWorks Animation back on top.
So far no news has leaked regarding projects already in the works, but it seems likely the new studio heads will offer some sort of input. The real test though is going to be on brand new projects and properties that the company undertakes, because if a new investment does not pay off, the pair could find themselves with a phone call from Katzenberg as well. Of course, getting a seat at the table means playing with the big boys, and Disney is in the chair across the way.