That's my concern too. Is Hasbro acquiring Dreamworks or is Dreamworks acquiring Hasbro? The partnership/distribution with Fox kinda wasn't that great. The botched marketing of HTTYD2 was all on them... like "Hey! Let's reveal the big surprise that Hiccup's mother is alive and trains dragons in the trailers instead of making it more mysterious!" Really?!?! While Dragon was successful overseas, their only big success with Fox has been The Croods. That said, an obscure book series, a 60 year old cartoon series that isn't even broadcast anymore, and an insane high concept about snails weren't exactly things to win audiences with.
As long as both properties can stay the heck away from each other's business, I'm weary, but optimistic. As long as Hasbro can keep making Disney properties like Marvel and Star Wars, and Dreamworks just distributes cartoons and movies based on Hasbro, it's fine. If all it amounts to is Hasbro releases of Shrek, Madagascar, and stuff like that I'm okay with it.
But what's really discouraging is that Dreamworks has been struggling and they've been looking for someone to buy them for the last year. Something tells me it's more to Hasbro's advantage. But it would really be something if both of them could go back, buy back their shares in The Hub, and use Dreamworks' leverage to get it on more basic, easily accessible cable packages.