DreamWorks founders donate $90m

03:10, Oct 18 2012

The founders of the studio behind Shrek, Madagascar and Kung Fu Panda are donating US$90 million (NZ$110.6 million) to a Hollywood charity that offers support to seniors and health services for members of the entertainment industry.

Steven Spielberg, Jeffrey Katzenberg and David Geffen, whose last names represent the SKG in DreamWorks Animation SKG Inc., said Tuesday (local time) they are donating US$30 million each to the Motion Picture and Television Fund.

The fund kicked off a campaign in February to raise US$350 million over three years.

Other notable donors include actor Kirk Douglas and his wife Anne, who pledged US$20 million, and Rupert Murdoch's News Corp., which pledged US$20 million.

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AP