When you take the kids or nieces to see Kung Fu Panda 3 in a few years look for the "Made in China" label.
A consortium of Chinese companies will hold a majority stake in the Oriental DreamWorks joint venture. That will come as welcome news to DreamWorks Animation investors wondering how the studio would bankroll the roughly $3 billion investment on its own. It won't. DreamWorks Animation will retain a 45% interest in the Shanghai project.
DreamWorks Animation has already been establishing itself in China. It teamed up with Youku.com
Animation has been a reliable export over the years. Disney knows it, and DreamWorks Animation is finding that out, too.
On with the show
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Longtime Fool contributor Rick Munarriz calls them as he sees them. He does not own shares in any of the stocks in this story, except for Disney. Rick is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early.
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