Animation Agreements - PDF by dhj16802


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									THQ and DreamWorks Animation Announce Multi-Year,
Multi-Property Video Game License Agreements
Wednesday December 02, 2009 - 05:45 AM EST

Source: Business Wire News Releases
Author: THQ Inc.

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THQ Inc. (NASDAQ:THQI) and DreamWorks Animation SKG, Inc. (NASDAQ:DWA) today announced that
they have entered into multi-year, multi-property licensing agreements granting THQ the exclusive worldwide
rights to develop and publish video games based on DreamWorks Animation's upcoming animated feature
films, Kung Fu Panda: The Kaboom of Doom and Puss In Boots, as well as the popular CG animated
television show, The Penguins of Madagascar.

The new agreements grant THQ exclusive worldwide rights to publish interactive games based on these
DreamWorks Animation properties for all console and handheld systems, including Xbox Live Arcade,
PlayStation Network and Nintendo Wii Virtual Console, and wireless devices.

"The three properties announced today, in addition to MegaMind, underscore our commitment to
reinvigorating our portfolio of licensed games for kids and families with top global entertainment brands,"
said Doug Clemmer, THQ Executive Vice President, Kids, Family and Casual Games.

"We are pleased to expand our relationship with THQ and continue to be impressed by their focus on the kids
and family videogame business," said Kerry Phelan, Head of Worldwide Consumer Products for DreamWorks
Animation. "We look forward to extending the reach of our feature films and The Penguins of Madagascar
TV series into a broad line of games and believe THQ will do a great job of maximizing our properties for
family audiences."

THQ plans to release videogames in conjunction with DreamWorks Animation's theatrical releases, as

      • Kung Fu Panda: The Kaboom of Doom, the sequel to the blockbuster hit, Kung Fu Panda, is
        scheduled to be released on June 3, 2011.
      • Puss In Boots, based on one of the most beloved characters in the Shrek universe, is scheduled to be
        released on November 4, 2011.
      • THQ previously announced the rights to publish videogames based on MegaMind, which is scheduled
        to be released on November 5, 2010.

The popular CG animated television show The Penguins of Madagascar has been running on Nickelodeon
since March 2009 and was recently extended to add more episodes. THQ expects to publish the first video
games based on The Penguins of Madagascar during its fiscal year beginning April 1, 2010.

About THQ

THQ Inc. (NASDAQ: THQI) is a leading worldwide developer and publisher of interactive entertainment
software. The company develops its products for all popular game systems, personal computers and wireless
devices. Headquartered in Los Angeles County, California, THQ sells product through its global network of
offices located throughout North America, Europe and Asia Pacific. More information about THQ and its
products may be found at THQ and its logo are trademarks and/or registered trademarks of

THQ Inc. All other trademarks are property of their respective owners.

About DreamWorks Animation SKG, Inc.

DreamWorks Animation creates high-quality entertainment, including CG animated feature films, television
specials and series, live entertainment properties and online virtual worlds, 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. All of DreamWorks Animation's feature films are now
being produced in 3D. The Company has theatrically released a total of 18 animated feature films, including
the franchise properties "Shrek," "Madagascar" and "Kung Fu Panda."

Caution Concerning Forward-Looking Statements about THQ

The statements contained in this press release that are not historical facts may be "forward-looking
statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These
forward-looking statements are based on current expectations, estimates and projections about the business
of THQ Inc. and its subsidiaries (collectively referred to as "THQ"), including, but not limited to, expectations
and projections for games based on Kung Fu Panda: The Kaboom of Doom, Puss in Boots (working title),
MegaMind, and The Penguins of Madagascar and are based upon management's current beliefs and certain
assumptions made by management. Such forward-looking statements are subject to risks and uncertainties
that could cause actual results to differ materially from those expressed or implied by such forward-looking
statements, including, but not limited to, business, competitive, economic, legal, political and technological
factors affecting our industry, operations, markets, products or pricing. Readers should carefully review the
risk factors and the information that could materially affect THQ's financial results, described in other
documents that THQ files from time to time with the Securities and Exchange Commission, including its
Quarterly Reports on Form 10-Q and Annual Report on Form 10-K for the fiscal period ended March 31,
2009, and particularly the discussion of risk factors set forth therein. Unless otherwise required by law, THQ
disclaims any obligation to update its view on any such risks or uncertainties or to revise or publicly release
the results of any revision to these forward-looking statements. Readers are cautioned not to place undue
reliance on these forward-looking statements, which speak only as of the date of this press release.

Caution Concerning Forward-Looking Statements about DreamWorks Animation SKG, Inc.

This document includes certain forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. DreamWorks' plans, prospects, strategies, proposals and its beliefs and
expectations concerning performance of its current and future releases and anticipated talent, directors and
storyline for its upcoming films and other projects, constitute forward-looking statements. These statements
are based on current expectations, estimates, forecasts and projections about the industry in which
DreamWorks operates and management's beliefs and assumptions. These statements are not guarantees of
future performance and involve risks, uncertainties and assumptions which are difficult to predict. Actual
results may vary materially from those expressed or implied by the statements herein due to changes in
economic, business, competitive, technological and/or regulatory factors, and other risks and uncertainties
affecting the operation of the business of DreamWorks Animation SKG, Inc. These risks and uncertainties
include: audience acceptance of DreamWorks' film and other projects, its dependence on the success of a
limited number of releases each year, the increasing cost of producing and marketing feature films, piracy of
motion pictures, resource constraints resulting from its expanding number of films and other projects, the
effect of rapid technological change or alternative forms of entertainment and its need to protect its
proprietary technology and enhance or develop new technology. In addition, due to the uncertainties and
risks involved in the development and production of DreamWorks' projects, the release dates described in this
document may be delayed. For a further list and description of such risks and uncertainties, see the reports
filed by DreamWorks with the Securities and Exchange Commission, including its most recent annual report
on Form 10-K and its most recent quarterly reports on Form 10-Q. DreamWorks is under no obligation to,
and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result
of new information, future events, changes in assumptions or otherwise.


THQ/Investor & Media Relations
Julie MacMedan, 818-871-5125
DreamWorks Animation Corporate Communications
Shannon Olivas, 818-695-3658

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