Comcast acquires Dreamworks animation, ‘Shrek’ ‘Kung Fu Panda’ for $3.8 billion
Comcast Corp, the owner of NBCUniversal confirmed that news that it would buy DreamWorks Animation SKG Inc for $3.8 billion, a $41-per-share cash offer representing a premium of about 27 percent to DreamWorks’ recent close. Trading More...
Dreamworks Animation to cut jobs, costs and films, ‘Kung Fu Panda 3’ next
Dreamworks Animation announced plans Thursday to cut 500 jobs and reduce the number of films it produces over the next three years as part of a “strategic” plan to cut costs and boost profits. A statement More...
