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Comcast in Talks to Buy DreamWorks Animation for More Than $3 Billion
Posted on 4/27/16 at 1:07 am
Posted on 4/27/16 at 1:07 am
quote:
Comcast Corp. is in talks to buy DreamWorks Animation SKG Inc. for more than $3 billion, according to people familiar with the matter, in a deal that could make the cable giant a rival to Walt Disney Co. in the lucrative family-entertainment business.
Comcast’s Universal Pictures studio has enjoyed success in recent years with its animated “Despicable Me” and “Minions” movies but is still a relatively small player.
But its parent company has been moving aggressively to mimic Disney by using its animation properties to build out its consumer products and theme parks businesses, a strategy that could be accelerated by the addition of DreamWorks, which makes the “Shrek,” “Kung Fu Panda,” and “Madagascar” movies, among others.
LINK
Posted on 4/27/16 at 2:01 am to Dr RC
I hate everything about Comcast.
Posted on 4/27/16 at 7:23 am to Patrick_Bateman
quote:
I hate everything about Comcast.
Posted on 4/27/16 at 8:23 am to Patrick_Bateman
quote:
I hate everything about Comcast
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