Comcast Confirms DreamWorks Acquisition For $3.8 Billion

It was reported just yesterday that Comcast could possibly announce an acquisition of DreamWorks Animation in the near future, and that’s precisely what it has done today. Comcast has confirmed that it’s acquiring DreamWorks for $3.8 billion. This animation studio is behind popular movies like Kung Fu Panda and Shrek, and it will become a part of Universal Filmed Entertainment Group.

DreamWorks is going to be a very valuable addition to Comcast’s film making portfolio which already...

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