Comcast buys DreamWorks Animation for $3.8 billion
 

Comcast buys DreamWorks Animation for $3.8 billion
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Comcast has purchased movie studio DreamWorks Animation for $3.8 billion.

The deal, an**unced on Thursday morning, will bring a sizable library of youth-oriented content under control of NBCUniversal, which is owned by Comcast.

“DreamWorks Animation is a great addition to NBCUniversal,” said Steve Burke, CEO of NBCUniversal, in a press release. “Jeffrey Katzenberg and the DreamWorks organization have created a dynamic film brand and a deep library of intellectual property. DreamWorks will help us grow our film, television, theme parks and consumer products businesses for years to come."

DreamWorks Animation's catalogue includes*Shrek, Madagascar, Kung Fu Panda and How to Train Your Dragon.* Read more...


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