the new company will be called oriental dreamworks, a joint venture between dreamworks animation and several chinese media groups. dreamworks has enjoyed box office success in china, led by the "kung fu panda" franchise. but china has placed severe restrictions on the distribution of american films in the country. the deal came together as vice esident xi jinping wrapped up his tour of the u.s. trade has been a major focus of the trip. yesterday, china's soon-to-be leader toured the port of los angeles, where nearly 60% of its imports come from china. earlier this week in iowa, china agreed to buy a record amount of american soybeans. china is already the top market for u.s. agricultural goods. still, the u.s. trade deficit with china has been a persistent economic and political problem for the two nations. president obama met with xi on tuesday. the next day, speaking in milwaukee, he talked tough on trade with china. >> i'm not going to stand by when our competitors don't play by the same rules. it's not fair when foreign manufacturers have a leg up on ours just because they're get

dreamworks will owt venture. "kung fu panda 2" was china's highest grossing animated film last year. >> tom: here's what we're watching for next week. our market monitor guest is alan lancz, editor of the lancz letter. on the economic calendar, january's new and existing home sales and earnings from wal- mart, macy's, j.c. penney and target. monday, with the markets are closed for presidents' day, we bring you conscious capital-l--a look at businesses big and small, doing well by doing good. >> susie: more headaches for tylenol maker johnson and johnson. it's recalling all versions of its infant tylenol because of a packaging problem. the newly re-designed bottles hit store shelves in november. they were supposed to make it easier to measure doses of the medicine. but customers complained a syringe within the bottle was breaking off. today's recall covers half-a- million bottles. j&j has had over 25 recalls since 2009 at an estimates cost of a billion dollars. >> tom: you've heard of fake italian handbagshow abou

s own dreamworks animation. dreamworks as you know, does this. >> you guys, did you see that? >> dreamworks is popular for family animated flicks like this, including madagascar and a host of other movies. this deal will be stretching over the next five years, the amount coming in at $2 billion. that's more than 10% of california's $1.9 trillion economy. the main plot of this story line centers around the construction of a brand new studio that will be based over in shanghai. its focus will be to help china's growing film, television and life stage industries. >> it sounds like it's a good deal for china, they get benefit in this joint venture. what's the other side of the equation? distribution of foreign films in china, what is it, about 20 foreign films a year are allowed to be shown in china? >> that's about right. the hope from hollywood is they'll get more access to china's moviegoers. but xi is not expected to announce an increase in those 20 movies a year right now. out of top five movies in china for 2011 it turns out four of them were from hollywood. that you cld the

dreamworks sent us copies to give away. away. you can win a bluray...ou're the fourth or fifth callers at 410-481-4545. 3 ((break 8)) 3 ((break 8))

on the downside, dreamworks tumbled in trade after a weak forecast after the bell. cable vision saw its stock slide 10% after reporting an increase in capital last quarter. lending has picked up at u.s. banks with financial institutions posting their biggest quarterly lending increase in four years. finally, tired of hunting around for your keys or your glasses in the morning? no problem for you. this little red and white robot will find them for you. that's right. thanks to a wealth of artificial intelligence and two on-board cameras, the mobile robot can identify objects, guide you to them and even recognize human faces. a little scary for some, perhaps. >>> the bucks slip past the wizards and the nets stun the mavericks. plus the celtics snap a five-game skid in cleveland. your early morning sports headlines are straight ahead. >>> in weather i'll have an update on the major winter storm bringing storms to many areas of the country. your forecast is coming up. you're watching "early today." >>> good morning. if you're just waking up, this is "early today." >>> ta

also ahead, corporate earnings from dreamworks, cosco and staples. >>> officials from a group of 20 at the world's leading economies postponed providing europe with more financial aid yesterday, putting pressure on germany to step up in europe's debt crisis fight. on wednesday, the european central bank is expected to announce a second round of low-interest loans to boost confidence and drive down yields on government bonds. >>> back at home, bp's civil trial over the gulf oil disaster will not begin today, as talks around the possible $14 billion settlement continue. >>> warren buffett says an unnamed successor has been chosen to run berkshire hathaway when the time comes. however, the 81-year-old billionaire investor insists he isn't going anywhere. >>> and tough times in greece were set aside for the country's biggest carnival parade yesterday with handmade floats that poked a little fun at the country's political leaders. >>> well, coming up, the badgers beat the buckeyes, and one amazing backwards goal. plus, the west hang on to win last night's all-star shoot-out. your early-morn

." >> this report is brought to you by dreamworks animation.no secret that "puss in boots" is a crowd-pleaser. >> hah! >> the critics love it, too. in fact, it's nominated for an oscar. antonio banderas is the voice of the coolest cat in town. >> i am but a humble gato in search of his next meal. >> now the film full of felines is available on dvd and blu-ray, with lots of special features. you get to see the cast behind the scenes. here, selma hayek is creating her character. >> don't worry. i'll take care of it. i know how to speak "meow." >> zach galifianakis says his role was a new challenge for him. >> i'm kind of, maybe, a quiet person, but to come in here and kind of scream and yell and get that out is a lot of fun. we go up the beanstalk outlaws, and we come down legends. >> the animation is really cool, and the dvd and blu-ray show you how it's done. here, animators are turning antonio banderas into a feline that's both funny and "fur"-ocious. >> if it is to be a dance fight, then i will tuesday night dance-fight you to the death. >> f

also ahead, corporate earnings from dreamworks, costco and staples. >>> officials from a group of 20f the world's leading economies postponed providing europe with more financial aid yesterday, putting pressure on germany to step up in europe's debt crisis fight. >>> on wednesday, the european central bank is expected to announce a second round of low interest loans to boost confidence and drive down yields on government bonds. >>> back at home, bp's civil trial owe the gulf oil disaster will not begin today as talks surrounding a possible $14 billion settle. continues. >>> warren buffett says an unnamed successor has been chosen to run berkshire hathaway when the time comes but he insists he's not going anywhere. >>> and tough times in greece were set aside for the country's biggest carnivale parade yesterday with handmade floats that pokes fun at the country's political leaders. >>> well, coming up, the badgers beat buckeyes. one amazing backwards goal. >>> plus, the west hang on to win last night's all-star shootout. your first look at sports is straight ahead. your finances can't

dreamworks is establishing itself as quite the animation studio.ake it home tomorrow. >> okay. we'll have to check back and see. let's get to the big category. probably the biggest category, best picture. it's so big now there are nine to choose from. let's get started on this list. "the artist." "the descendents." "extremely loud and incredibly close." "hugo." "midnight in paris." "the help" money ball", "war horse" and "the tree of life." greg, you get to go first. who do you think will win and who should win? >> i will give you the correct prediction for this category and tell you that once again france is going to be celebrated at tomorrow's awards. "the artist" is definitely going to win. directors guild gave the director his directors award which is -- it's only six times in history that hasn't predicted the movie that is going to take home huge awards at the oscars. so "the artist" is going to win. if i had it pie way, i would give the award to the "tree of life." love it or hate it, that movie had everybody arguing and talking. plus if he w

the super pac also received a $2 million donation from dreamworks executive jeffrey and the service worksmployee union. >>> no more than 170 students in chest sa peek, virginia will vote in the general election. but there's controversy how the students were registered to vote. the city's registrar say this group organizing for america registered the students. the group was created to support president obama. but the registrar says the group collected information under false pretenses saying they were with the registrar's office. the woman responsible for collecting the information said they were simply trying to get kids to register to vote. >> you know why it's a big concern for me because we are sworn by law to be totally nonpartisan. >> somebody might have had one by mistake or something but we were going in with absolutely nothing representing no candidate, all we were doing was trying to register -- help the students register to vote. that's it. >> anderson says she never claimed to be from the registrar's office and that it would be foolish of her to try to misrepresent herself and

and it's in a partnership for a new studio with dreamworks animation. julia boorstein joins us with a look at that exclusive story. >> china is one of the world's biggest markets for piracy aims to make video on demand so convenient lu chinese cable companies that people will pay instead of stealing. today the company is announcing its bigger content partner yet. disney. the studio is signing on for both subscription demand services. chads with a market cap of about $95 million already has dealed with warner brothers and lionsgate. 60 days after the theatrical releases. you on demand charges between $1 and $3 a movie. it's planning to reach 11 million homes by year's end. and the potential is huge. saying china is the largest cable market in the world with 178 million households. >> okay. just stay right there. i want to bring in now the chairman and ceo of you on demand shane mcmahon. very good of you to join us today. given the chinese government's insistence on censorship, how do you manage those sensitivities? >> it's not really sensitivities. as yo

. >> the people of paramount and dreamworks, they were traveling with us, they gave us a diploma withs. >> jimmy: that is a masters degree, i think. >> i didn't know that you guys were so many. there are a lot of you around the world. but it was fun. and difficult, too. >> jimmy: and difficult, yeah, sure. >> it's just weird, you know, when you are doing interviews, they ask you the same question again and again and again. and you answer the same thing. again and again and again. >> jimmy: what do they ask you? >> you are doing interviews, we were just doing interviews all the time together. it is just weird because, you know, by the time that we were in rome, we started kind of, you know, hating each other. [ laughter ] by the time we were in sydney, we wanted to kill each other. >> jimmy: really? why? >> because we knew exactly what the other was going to answer. w we were just so tired. the question to salma, so, your daughter saw the movie? >> he said, always, yeah, i took her and she suddenly said, oh, mommy, that cat sounds just like you. again and again. and you have to be kind

he's a movie buff, so he invested in dreamworks, the hollywood studio.ravel, so he built himself a yacht longer than a football field equipped with its own submarine. he has spent over a billion dollars on philanthropy, including building an institute to study the brain, and like gates, he pledged to give most of his money away to charity. now he got married. >> right. >> you never got married. >> not yet. >> not yet? >> i'm still optimistic. i still believe i'm going to meet somebody and that's gonna happen, but... >> you want to. >> i want to have a family. >> but he's often described as a recluse. something struck me when he showed us his collection of vintage warplanes. i get this howard hughes-y feel with the planes, hollywood. do you think about that ever? >> well, i hope i don't end up in a cinema by myself watching ice station zebra over and over again. i think i've got such a diverse set of interests, movies, aviation, technology-- >> howard hughes. >> well, i don't know if howard was involved in sports teams. >> allen's diverse set of interests

the super pac also received a $2 million donation from dreamworks animation executive jeffrey katsenburg the service employees international union. >>> more than 470 students from chesapeake, virginia w will vote in the general election. there is controversy how the students were registered to vote. the group organizing for america registered the students. the group was reated to support president obama. the registrar says the group collected information under false pretenses saying they were with the registrar's office. the woman clekti incollecting t information said they're trying to get kids registered to vote. >> you know why that's a big concern for me? we are sworn by law to be totally nonpartisan. >> somebody might have had one by mistake. we were going in representing no candidate. all we were doing was trying to register, help the students register to vote. that's it. >> anderson says she never claimed to be from the registrar's office and it would be foolish for her to try to misrepresent herself and the organization. >> moving on, stars and hollywood for the oscars tomorrow,

. >> reporter: dreamworks partner stacy snyder went to great lengths to turn a best-selling book into could hear a pin drop and people were in tears. and i thought to myself, well, something is happening here. >> my boy always said we're going to have a writer in the family one day. i guess it's going to be me. >> i think that aibileen represented probably 99.9% of the people that existed in 1963 which is a person that outwardly went to work. did their job. got along to get along. but inside were all these burning dreams and hopes and desires with just no kind of avenue or permission was given for them to explore that. i have to tell you the most wrenching scene for me was the bridge club scene. when i had nothing to say. >> presented that requires everybody to have a separate bathroom for the colored help. >> i did that for two weeks. it was very difficult. i would go home mad. and i'd eat yet another caramel cake and lemon pies and call octavia. >> have you made a space for an oscar? >> no, i would never be that presumptuous. there are brilliant characters in that category. >> i'm i

. >>> and, dreamworks is dreaming big. overseas.ney. juliett? >> and, i know you like love stories. pay attention, the movie "the vow" is doing well at the box office and is based on the true story of newlyweds who survived a traumatic car crash only to struggle to put their marriage back together after the wife loses her memory. watch: >> you know who i am, right? >> yeah. >> okay. because... >> you are my doctor. >> she doesn't remember me. >> it will improve with time. >> i don't know you. >> i barely even know who i am. >> it turns out the movie version omitted a slight important part of the story, the role the faith played in repairing their relationship, the real couple the movie is based on is cricket and kim carpenter and they are joining us now. good to have you here. >> hi, thanks for having us. >> my pleasure, overall, you guys liked the movie, yeah? >> oh, yeah. >> yeah, we worked very well with the studio, and, there were obviously a lot of discussions centered around our faith but at the same time the movie leaves you