Comcast & DreamWorks
Is there a new disney on the rise? So who can forget Shrek, umm no one really useless you are totally against all media and have not been up to date with animations in the last fifteen years. Well Comcast has agreed to buy DreamWorks SKG for the banging bucks of $3.8 Billion. This could potentially be an upcoming rival to the King of all animation’s Disney. Comcast’s Universal Pictures studio is no stranger to this industry they personally had success with the “Despicable Me” movie however they are nowhere compared to the long term running champ. The deal however is not too shabby for its shareholders by the end of the year the deal is expected to close and the stockholders will obtain $41 in cash for each DreamWorks share. All i can say is Camera and ACTION! I loved the animated movie “Despicable Me” and am so ready to see what else they can create. I just hope my cable bill won't increase.
http://www.wsj.com/articles/comcasts-nbc-universal-to-buy-dreamworks-for-3-8-billion-1461849691
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