Owners of NBC Buy Dreamworks Animation for $3.55 billion

[Pig'sSaysAdios]

It's no secret that Dreamworks has been struggling financially for at least the last few years.
There had been rumors that Dreamworks had been looking for someone to buy them, and Hasbro was one of the names that showed up a lot. Now it's officially been announced that Comcast, the owners of NBC Universal (NBC, Bravo, Sprout, MSNBC) is acquiring Dreamworks for $3.55 billion.

http://www.usatoday.com/story/money/2016/04/28/comcast-nbc-acquire-dreamworks-animation/83640258/

 

[mr3urious]

Hopefully Comcast will be like what Disney does to Pixar and be hands-off with their business.

 

[D'Snowth]

Dang, this is a sad sign of the times when ever the biggest companies in the entertainment industry have to be bought out by even bigger corporations.

 

[BlakeConor14]

DreamWorks have not been at their best for a while now

 

[Pig'sSaysAdios]

Hopefully Comcast will be like what Disney does to Pixar and be hands-off with their business.

Yeah, I hope so too. My biggest worry is that Dreamworks will just keep doing what it's been doing and Comcast's only concern is to keep expanding just to get more money and be more famous. Hopefully both of the companies will work together to help make Dreamworks better again.

 

[MuppetSpot]

I kind of thought Disney would buy them. I guess I was wrong.

 

[Pig'sSaysAdios]

I kind of thought Disney would buy them. I guess I was wrong.

Nah, they have too many properties to worry about already.

 

[Mynameisdean]

Well, that's a biggie. Do they merge them with Illumination? I have no idea what the point of this was. It makes no sense to me that Comcast of all companies bought them, but , COMCAST. Everyone hates their cable, and the company itself it seems. We'll figure out if it made sense in 5 years or less, I feel.

 

[D'Snowth]

Everybody hates all cable and satellite companies, that's just the way of the world.

 

[Drtooth]

DreamWorks have not been at their best for a while now

Dreamworks was never its own company. They always had to have some sort of distribution deal, even when their movies were making hand over fist. They had some sort of silent partnership with Universal back in the late 90's when they were first a thing. Their Toonsylvania VHS had a lot of Universal previews on it, and I'm sure their at the time films did to on home video. Looks like they probably had one with Viacom, but that seems to have been just a TV deal. Then their films were distributed by Fox until this went down. Hasbro almost bought them up.