McDonald's Inks Marketing Deal With DreamWorks Animation
By MERISSA MARR and STEVEN GRAY
Staff Reporters of THE WALL STREET JOURNAL
July 27, 2005 12:52 p.m.
Looking to revamp its movie-related promotions after a decadelong relationship with Walt Disney Co., McDonald's Corp. announced a two-year marketing pact with DreamWorks Animation SKG Inc., the studio behind the "Shrek" movies.
Under the new deal, McDonald's will promote DreamWorks' animated movies in its 30,000-plus restaurants world-wide on a nonexclusive basis. The partnership will kick in with "Shrek 3," scheduled for release in 2007.
For the past decade, McDonald's has been locked into promoting only Disney movies and television shows. However, the limits of an exclusive relationship have put increasing pressure on that relationship. By contrast, Burger King Corp. and other fast-food chains pair up with several studios on a case-by-case basis.
With the Disney deal due to expire next year, McDonald's has been courting various studios. In addition to DreamWorks, McDonald's has held discussions with Pixar Animation Studios Inc., the studio behind "The Incredibles" and "Finding Nemo," according to people familiar with the situation.
Write to Merissa Marr at merissa.marr@wsj.com and Steven Gray at steven.gray@wsj.com
By MERISSA MARR and STEVEN GRAY
Staff Reporters of THE WALL STREET JOURNAL
July 27, 2005 12:52 p.m.
Looking to revamp its movie-related promotions after a decadelong relationship with Walt Disney Co., McDonald's Corp. announced a two-year marketing pact with DreamWorks Animation SKG Inc., the studio behind the "Shrek" movies.
Under the new deal, McDonald's will promote DreamWorks' animated movies in its 30,000-plus restaurants world-wide on a nonexclusive basis. The partnership will kick in with "Shrek 3," scheduled for release in 2007.
For the past decade, McDonald's has been locked into promoting only Disney movies and television shows. However, the limits of an exclusive relationship have put increasing pressure on that relationship. By contrast, Burger King Corp. and other fast-food chains pair up with several studios on a case-by-case basis.
With the Disney deal due to expire next year, McDonald's has been courting various studios. In addition to DreamWorks, McDonald's has held discussions with Pixar Animation Studios Inc., the studio behind "The Incredibles" and "Finding Nemo," according to people familiar with the situation.
Write to Merissa Marr at merissa.marr@wsj.com and Steven Gray at steven.gray@wsj.com