Comcast Buys Dreamworks Animation For 3.8 Billion

Dreamworks Animation is Disney’s biggest rival in the animation community. So, it’s no surprise that people were looking to buy it. So, The Wall Street Journal reported that Comcast offered 3.8 Billion dollars which was a solid offer, as Dreamworks agreed.

DreamWorks-Animation

The agreement should be finalized by the end of the year, and the contracts with other studios, like Paramount, and Warner Bros. are going to come to an end and not be renewed.

Dreamworks Animation was founded in 1994 by Steven Spielberg, Jeffery Katzenberg, and David Geffen. Jeff is still the head of the studio but is going to be stepping down. he will however remain a consultant for the production company.

What do you think? Would you take 3.8 Billion dollars for you Animation studio? Tell us in the comments, or connect with us on Facebook!

Leave a Comment

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s