last year dreamworks animation bought awesomeness tv hi has 65 million monthly views. another one with 2 billion views per month just raised $18 million from investors led by warner brothers. >> i think it's a really natural partnership. because traditional media companies have all sorts of distribution outlets and monetization outlets. the online video, mcms have huge audiences and brands they're building. the connection between the two worlds makes sense. >> reporter: that's why full screen and big name known best for helping creators market content and representing youtube stars. but this fast-growing new industry still has a long way to go. many companies have not yet turned a profit. and thanks to heavy revenue sharing with youtube, many are looking for other ways to make money. for "nightly business report," i'm morgan brennan in los angeles. >>> google and viacom settle a landmark lawsuit. the two companies reached an agreement on a 7-year-old case in which viacom sued google's youtube unit for uploading content from its programs without permission. the terms of

. >> hollywood film studios, dreamworks animation, pushing into mainland china.aking ground on a $2.5 billion entertainment and movie complex in shanghai. it will have 400 animators working there by the end of next year. we caught up with jeff katzenberg at the launch. >> we have come here because we think there is an opportunity to build a world-class animation studio. we are making movies here in china for china, for export to the rest of the world. in order for it to be export, it needs to be of the highest quality. this is within less than a handful of years, going to be the number one movie market in the world. we think it is a great center for us to attract great artists here in china. we think it can be a world-class competitive studio. >> i have spoken to some beijing 3d conversion houses pitching to hollywood studios. they say they could do the job for about 1/10 of what hollywood can do. are you seeing that? >> no, ours is a very unique, a very high-end type of artist. it takes a tremendous amount of training, many years. the sophistication and knowledg

importsthe dreamworks to china have ever been blocked. they do animation for kids. dreamworks. for this market, animation is for the wee kids here in this market. they will have to look at some of the live-action films as well and rotted out there product -- brought in out there rotted portfolio. broaden out their product portfolio. back togoing to talk you in new york to finish up the program. >> great to see you, betty. i look forward to the new york versus san francisco business debate. when it for us. -- win it for us. still hunting for the remains of the missing a malaysian netjets. we will give you the very latest. stay with us. ♪ >> i am trish regan. [no audio]or your >> there could be harsh consequences. european leaders are meeting in crimean to discuss joining russia. air pollution in china led to generic changes that may have hurt children's learning skills. it had to do a chinese mothers exposed to a cold fire -- coal-fired power plant. that does it for today's addition of in the loop. tomorrow, the founder of electronic arts will cohost the show. he is w

it is dreamworks animation, not dreamworks studio. >> what's the difference? y are two different companies. animation is a home run around the world because you can dub different languages very easily and economically. the most important aspect of that announcement is that it is not $3.1 billion for dreamworks billionn, it is $3.1 from their partner, cmc capital partners, which is a government ,inanced private equity firm led by shanghai media group. >> this $3.1 billion investment in china is backed by the chinese government? >> you bet. it is a home run. >> plus they have "kung fu panda." the chinese are going to love that. >> ok, that is probably a broad generalization. isy will love it because it -- because they love jack black. bibb, a man with many hats. the original publisher of "rolling stone." the guy who sold ducati. >> media expert superstar. >> that was not a haiku. >> it may have been. he is also very stylish. coming up, inside the kitchen at one of the hottest restaurants in the country. it is right here in new york city because this is the hottes

and dreamworks animation's strategy is to go in and coproduce a certain number of films with its chineseng chinese actors and animators and really a certain percentage of the film will be produced in china, which allows the film to show in china and get around some of these limitations. >> he is not stupid. he knows what he is doing. >> thanks so much. coming up, the 2016 presidential race is quite a ways off, but we're talking about it. ♪ >> all right, can you believe it? politicians are already gearing .p for the 2016 election even though it is still two years away, some are already pushing their policy plans, so how can they get their word out if actively? joining us now, the former white house communications staff member for the obama administration and currently global senior vice president at fox -- vox. welcome. we are talking 2016, and we were just talking during the commercial that it so far away, and you said really it's not. >> in 2008, during that cycle, president obama announced in february 2007. because you have to raise so much money in presidential campaigns right now, yo

he works of the dreamworks animator loss angeles he created a series of videos called action movie kidsd willing white sorority has more than a hundred a thousand years. warm portly but what does james think the movie magic. apparently asses at quotes. the i do that for real. shoes in bosnia today by the military conference. trend bring attention to wartime violence trip >> : and the fact that she says break has been used as weapons in war zones. it is one of the most savage of crimes against civilians. british foreign secretary jointer on the strip. this comes at the head of global set summit to end social violence >> : details of whether we like illness will very soon questions about whether she's pregnant she's been pretty clever and dodging those really annoying questions. last night that the red carpet event in las vegas to start chatting tatum to help out. >> : what we're getting in that direction though the note that to happen but one day. in other words " asking about this. >> : two actors are promoting the movie jupiter ascending a >> : car monday condemned entertainment news b

. >> these are the top 10 traits you need to know about. 10, dreamworks animation.o behind "shrek" and "mr. peabody and sherman." the movie still lost out on the top slot in north american theaters. the warner bros. action movie "300: rise of an empire." " was number one. . introduce a new sandwich. they are going to have an alternate flour. number eight is fuel cell energy. will report after today's close. they will continue to rally on fuel cells and clean up battery fuels. we have seen a big rally in these stocks recently. seven, the chinese online fashion retailer is jumping on a seven percent last week. are up since going public last year. they use the same business model as tj maxx. their sales will double. number six, united rental. this is the world's largest rental company. 800 million dollars. -- $800 million. number five is bed bath and beyond. they have four quarter sales earnings below the forecast. like everybody else, they said it was deceptive whether that was to blame. that will affect earnings i six percent. -- by six percent. number four is mcdona

. >>> also, one analyst slashing his pry target on dreamworks animation after call building peabody and sherman just another dog for the film studio. details later on that call coming up on "the closing bell." in my world, wall isn't a street... ...return on investment isn't the only return i'm looking forward to... for some, every dollar is earned with sweat, sacrifice, courage. which is why usaa is honored to help our members with everything from investing for retirement to saving for college. our commitment to current and former military members and their families is without equal. no two people have the same financial goals. pnc investments works with you to understand yours and helps plan for your retirement. talk to a pnc investments financial advisor today. ♪ >>> stocks may be down today but check out this chart of the s&p 500 up more than 170% since the start of the bull run fi five years ago. >> are retail investors all in? jane wells is taking a look at what -- where have they been, jane? >> well, a lot of them have been looking for jobs, bill, not to make a joke out of it. to

dreamworks animator has used his skills to turn his son into a film star.-old james performing a series of very impressive feats. >> wait. okay. >> hyperdrive. >> now, that's a home movie. i'm just with my iphone lucky to get a couple of shots. >> what if you're the dad next door. you got no chance. >> we haven't seen that. so when the kid fell in the puddle, we both -- >> is that real? >> no! >> that is -- >> he went into another dimension. did they get him back? >> but his dad works for -- >> for dreamworks. >> it all makes sense. >>> al's a little sick today, so dylan dreyer's in. >> who is rocking -- i love this tangerine mango color. >> they said i didn't have to go to the orange room. we are looking at heavy rain in parts of the country. we are actually going to see the gulf coast states today and into the southeast, see some of our strongest storms. but the west is going to see some heavier rain, as well. from the coastline of washington state right down into parts of oregon and into northern california, as well. but we also have this heavier rain do

that's a 3-year-old whose dad is a professional animator for dreamworks in los angeles. dad uses his skills to spice up those boring home movies into something you might see on the silver screen. >> that was pretty cool. >>> james brandishing a light saber at a local toys "r" us has been viewed by nearly 1 million people and nearly a million people watched him blast off from a mcdonald's playland. >> i have to learn how to do that. good morning. i'm anthony mason. >> and i'm vinita nair. we begin with thefting from bag alks. investigators say baggage handlers stole thousands of item items from cameras to high end clothing. brandon scott has more. >> reporter: in the late night hour on wednesday after serving more than two dozen search warrants, los angeles police arrested six current or former l.a.x. baggage handlers. the arrests came after a month-long investigation that sent police under cover to find out who was behind a resent rash of luggage thefts. >> after the luggage was placed on the conveyer before it went into the plane, they would just unzip, reach in and tak

you want to climb walls and if you have a dad who's an animator for dreamworks, you get to.s? >> come on, batman. >> oh. >> oh, my gosh. >> where's his mom? >> oh. >> unbelievable. >> it's awesome, right? >> it's like he lives in a cartoon. it's amazing. >> oh! >> awesome. go nowhere. ♪ ♪ visit truecar.comoney,com,t ♪ and never overpay.yer's remorse. a good deal or not. "okay, this is the price,"sman comes and you're like.ells you, play in it. work in it. go wild in it. do everything but wrinkle in it. the perfect fitting no-iron effortless shirt in 4 styles and 31 colors and prints. visit the shirt boutique, only at chico's and chicos.com. for what reality teaches you firsthand. in the face of danger, and under the most demanding circumstances. experience builds character. experience builds confidence. and experience... has built this. introducing the 2014 glk. the engineering and the experience of mercedes-benz. see your authorized dealer for exceptional offers through mercedes-benz financial services. >>> we have breaking news now in san leandro where alameda county firef