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Jeffrey Katzenberg

 
Business Biographies: Jeffrey Katzenberg
(1950–)

Founding partner and chairman, Dreamworks SKG

Nationality: American.

Born: December 21, 1950, in New York, New York.

Education: Attended New York University, 1971–1972.

Family: Son of a stockbroker and a tapestry artist (names unknown); married Marilyn Siegel (schoolteacher); children: two.

Career: Mayor John Lindsay, 1972, presidential campaign assistant; David Picker, 1973–1975, talent agent; Paramount Pictures, 1975–1977, assistant to chairman, then executive director for marketing; 1977–1978, vice president for programming at Paramount TV; 1978–1980, vice president for feature production; 1980–1982, senior vice president of motion picture division; 1982–1984, president of motion picture and television production; Walt Disney Studios, 1984–1994, chair of film production; Dreamworks SKG, 1994–, founding partner and chairman.

Address: Dreamworks SKG, 1000 Flower Street, Glendale, California 91201; http://www.dreamworks.com.

Jeffrey Katzenberg began his career at Paramount Pictures and came to public prominence in the 1980s as a young executive who helped to save the flagging Walt Disney Studios. In 1994 he left Disney to become a founding partner, with Steven Spielberg and David Geffen, of Dreamworks SKG, one of the world's most technologically advanced and influential film studios.

Early Life and Career

Katzenberg was born in Manhattan to an upper middle-class family. He grew up in a Park Avenue apartment, attended the Ethical Culture Society's Fieldston School, and spent summers in Maine. An indifferent student, he enrolled in New York University in 1971 but dropped out during his sophomore year, ostensibly to work in New York City mayor John Lindsay's unsuccessful campaign for the 1972 Democratic Party presidential nomination. Rather than return to school, Katzenberg attempted to find a career by exploiting some of the contacts he had made in the Lindsay campaign. With the backing of his family he went into partnership with two young Lindsay aides on a New York City restaurant. Finding this unsuitable, he went to work as a talent agent for David Picker, an independent film producer who was a personal friend of Lindsay's. With a foot in the door of the film industry Katzen-berg managed to meet Barry Diller, who then headed Paramount Pictures' New York office. Diller hired Katzenberg to an entry-level position in 1975 and soon promoted him to his personal assistant.

In 1977 Katzenberg moved to the Los Angeles headquarters of Paramount Pictures to work on programming for an illfated attempt to launch what would have then been a fourth national television network. Remaining in Los Angeles, Katzenberg impressed the studio head Michael Eisner with an extraordinary ability to search out, evaluate, and recommend feature-film projects. These talents gained him the nickname of "Eisner's Golden Retriever" and led to a swift rise through the corporate power structure. A member of the first generation of film executives who had grown up with television, Katzen-berg understood the medium's power to create lasting cultural impressions that could be translated into instant, highly promotable "brands" across a variety of media.

Among his first successful projects for Paramount was Star Trek: The Motion Picture (1979), a blockbuster that led to a string of successful sequels as well as a handful of television series spin-offs. The original Star Trek television series, which aired on NBC from 1964 to 1967, had met with only middling success; when Katzenberg "retrieved" the property, it hardly seemed to merit backing for major motion picture production. Other Paramount successes credited to Katzenberg at Paramount included Raiders of the Lost Ark (1981), which rein-vigorated the adventure genre, Airplane! (1980), a farce that owed much to the style of Mad magazine, and Beverly Hills Cop (1984), which marked Eddie Murphy's successful transition from Saturday Night Live television comedian to screen actor.

Success At Disney

Widely credited with having revived Paramount, Eisner and Katzenberg were lured away by Walt Disney Studios, which was hoping for a similar reversal in fortunes, in 1984. As the new Disney CEO, Eisner appointed Katzenberg chair of film production. Katzenberg restored the power of the Disney brand by returning the studio to production of animated feature films. The Little Mermaid (1989), the first new animated Disney feature in thirty years, was the first of a string of hits, which would also include Aladdin (1993) and The Lion King (1994).

Katzenberg expanded production in other directions as well, establishing new divisions for targeting adult audiences, such as Hollywood Pictures and Touchstone Pictures. In 1993, at Katzenberg's initiative, Disney purchased Miramax, a New York–based "art studio" whose pictures seemed to be the antithesis of the Disney brand. All of the new divisions, however, scored hits. Disney/Touchstone Television produced prime-time sitcoms for network television, including such successes as The Golden Girls for NBC and Home Improvement for ABC. During Katzenberg's decade-long tenure as chair of film production at Disney, revenues rose sixfold to $8.5 billion.

Helps Found Dreamworks Skg

In 1994 Frank G. Wells, the president of Disney Studios, died suddenly in a helicopter crash. Katzenberg expected to be named Wells' successor, but Eisner bypassed him. Hurt and angered, Katzenberg resigned and months later founded a new studio, Dreamworks SKG, in partnership with Steven Spielberg, the most successful filmmaker in Hollywood, and David Geffen, the powerful music-industry executive. Each of the partners invested more than $80 million to capitalize the venture. Dreamworks SKG began producing live-action films, animated films, musical recordings, and interactive media products.

Financial success was virtually assured within the company's first year by a series of agreements negotiated principally by Katzenberg, including a ten-year deal to supply HBO with as many as one hundred films; a seven-year deal to supply television series to ABC; and a $30 million deal with Microsoft to produce interactive computer-gaming software. Katzenberg's principal creative responsibilities lay in the production of animated feature films. He served as executive producer of such Dreamworks hits as The Prince of Egypt (1998) and Chicken Run (2000) and as producer of Shrek (2001) and Shrek 2 (2004).

Sources for Further Information

Abramowitz, Rachel, "Almost Infamous," New York, November 13, 2000, pp. 32–33.

Auletta, Ken, The Highwaymen: Warriors on the Information Superhighway, New York: Random House, 1997.

Dutka, Elaine, "Profile of Jeffrey Katzenberg," American Film, June 1990, pp. 40–43.

Grover, Ronald, The Disney Touch: How a Daring Management Team Revived an Entertainment Empire, Homewood, IL: Business One Irwin, 1991.

Ross, Lillian, "Jeffrey Katzenberg's Road to the Gold," New Yorker, February 14, 2000, p. 25.

Turner, Adrian, "Interview with Jeffrey Katzenberg," Guardian, December 14, 1989.

—David Marc

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Wikipedia: Jeffrey Katzenberg
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Jeffrey Katzenberg

Katzenberg in July 2009
Born December 21, 1950 (1950-12-21) (age 58)
New York City
Occupation animator, producer, CEO of DreamWorks Animation
Nationality American
Genres Animation
Notable work(s) The Lion King
Aladdin
The Little Mermaid
Who Framed Roger Rabbit
Shrek
The Road to El Dorado
Shark Tale
Madagascar
Over the Hedge
Bee Movie
Kung Fu Panda

Jeffrey Katzenberg (born December 21, 1950) is an American film producer and CEO of DreamWorks Animation. He is perhaps most famous for his period as studio chairman at The Walt Disney Company, and for producing the DreamWorks animated films Shrek, Shark Tale, Madagascar, Over the Hedge, Bee Movie, and Kung Fu Panda.

Contents

Paramount Pictures

Katzenberg tried being a talent agent briefly, but in 1975 ended up as an assistant to Barry Diller, the Chairman of Paramount Pictures. Diller moved Katzenberg to the marketing department and then the television division where Katzenberg was assigned to revive the Star Trek franchise. He was successful with Star Trek: The Motion Picture (1979). He continued to work his way up and became President of Production under Chief Operating Officer (COO) Michael Eisner.

The Walt Disney Company

In 1984, Eisner became Chief Executive Officer (CEO) at The Walt Disney Company. Eisner brought Katzenberg with him to take charge of Disney’s motion picture divisions, including its ailing Feature Animation unit. As the studio head, Katzenberg was responsible for turning the studio around and creating some of the most critically acclaimed and highest grossing animated features that Disney released: Who Framed Roger Rabbit (1988), The Little Mermaid (1989), Beauty and the Beast (1991, the only animated feature to be nominated for an Academy Award for Best Picture), Aladdin (1992), and The Lion King (1994). He also sealed the deal that created the highly successful partnership between Pixar and Disney and the deal that brought Miramax Films into Disney.

When Eisner’s second in command, Frank Wells, died in a helicopter crash in 1994,[1] Eisner refused to promote Katzenberg to the vacated position of president. When Katzenberg pushed the issue, Eisner forced him to resign. Katzenberg launched a lawsuit against Disney to recover money he felt he was owed and settled out of court for $280 million.

DreamWorks SKG

Katzenberg at the 34th Annie Awards

Later that year, Katzenberg co-founded DreamWorks SKG with Steven Spielberg and David Geffen. From his ventures, Katzenberg has gained an estimated worth of $800 million according to Forbes magazine (this after barely being able to afford the $30 million downpayment for the establishment of DreamWorks). He was also an executive producer of Prince of Egypt (1998) and Joseph: King of Dreams (2000), released by DreamWorks, as well as Shrek in 2001.

DreamWorks was initially successful but never fulfilled its potential. Plans for a studio campus in L.A.'s Playa Vista section were scrapped, while the record label and videogame unit were sold off. Recently, Geffen admitted that DreamWorks had come close to bankruptcy twice.

Under Katzenberg's watch, the studio suffered a $125 million loss on Sinbad: Legend of the Seven Seas, and also overestimated the DVD demand for Shrek 2. Since then, the returns from Dreamworks' animation endeavors have been largely successful.

In 2004, Dreamworks Animation (DWA) was spun off from Dreamworks as a separate company headed by Katzenberg in an IPO and has recorded mostly profitable quarters since then.

The DreamWorks movie studio was sold to Viacom in December 2005; as Viacom also owned Paramount, Katzenberg was (in a way) reunited with his old employers.[2][3][4]

In 2006, Katzenberg made an appearance on the fifth season of The Apprentice. He awarded the task winners an opportunity to be character voices in Over the Hedge.

Personal life

Katzenberg was born in New York City, the son of Anne, an artist, and a stockbroker father.[5] He married Marilyn Siegel, a kindergarten teacher, in 1975, and the two have two children, Laura and David.[5] He joined Steven Spielberg and Haim Saban in endorsing the re-election of Hollywood friend Arnold Schwarzenegger, Republican Governor of California, on August 7, 2006.

Katzenberg was awarded an honorary doctorate deed[dubious ] from Ringling College of Art and Design on May 2, 2008.

References

External links


 
 
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DreamWorks SKG (Private Company)
Michael Eisner (Business Personality)
Steven Spielberg (Filmmaker / Movie Producer)

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