Dreamworks Animation SKG, Inc. (DWA, Financial) is a leading developer, producer and marketer of animated films, TV shows and home entertainment. The company also merchandises and licenses its characters globally. Shares of Dreamworks were down in the first quarter based on slightly lower than anticipated results associated with the movie "Turbo." We believe shares will recover based on this summer's upcoming release of the sequel to the blockbuster "How to Train Your Dragon" and as the market comes to understand the opportunity for Dreamworks to significantly grow its TV and consumer licensing businesses going forward. (Ashim Mehra)
From Baron Funds' first quarter 2014 letter to shareholders.
