Comcast buys DreamWorks Animation in $3.8 billion deal
CNN Money’s Brian Stelter is reporting that NBCUniversal, a division of Comcast, is acquiring DreamWorks Animation studio for $3.8 Billion
Comcast said DreamWorks “will become part of the Universal Filmed Entertainment Group, which includes Universal Pictures, Fandango, and NBCUniversal Brand Development.”
NBCUniversal CEO Steve Burke said “DreamWorks will help us grow our film, television, theme parks and consumer products businesses for years to come.”
In comparison, Disney bought Pixar back in 2006 for $7.4 Billion.