{"id":3014,"date":"2016-04-28T07:42:20","date_gmt":"2016-04-28T14:42:20","guid":{"rendered":"http:\/\/kmtechblog.com\/?p=3014"},"modified":"2016-04-28T07:42:20","modified_gmt":"2016-04-28T14:42:20","slug":"comcasts-nbcuniversal-to-acquire-dreamworks-animation","status":"publish","type":"post","link":"https:\/\/kmtech.blog\/?p=3014","title":{"rendered":"Comcast\u2019s NBCUniversal to acquire DreamWorks Animation"},"content":{"rendered":"<article id=\"content\" class=\"content\">\n<div class=\"article-body\">\n<p>The rumors were true. Comcast announced Thursday that its NBCUniversal division will acquire DreamWorks animation, a studio known for hits such as\u00a0<em>Shrek,\u00a0<\/em><em>How to Train Your Dragon<\/em>,\u00a0<em>Kung Fu Panda,<\/em>\u00a0<em>Antz<\/em> and other movies and TV shows. Comcast said it will bring DreamWorks into its Universal Filmed Entertainment Group.<\/p>\n<p><!--more--><\/p>\n<p>The deal is worth $3.8 billion, delivering about a $1 billion premium over the company\u2019s current $2.79 billion market cap. Shareholders will receive $41 per share, Comcast said, noting that the DreamWorks board of directors has already given the deal a thumbs-up. DreamWorks CEO and co-founder Jeffrey Katzenberg said NBCUniversal is the \u201cperfect home for our company.\u201d Katzenberg will serve as a consultant to NBCUniversal and chairman of DreamWorks New Media.<\/p>\n<p>The deal is expected to close by the end of this year, Comcast said.<\/p>\n<div class=\"infinite-scroll-metadata\"><\/div>\n<div class=\"sourcevia-wrapper\">\n<div class=\"sourcevia fCaps fLS0\"><span class=\"label fLS1\">SOURCE<\/span> <a href=\"http:\/\/corporate.comcast.com\/news-information\/news-feed\/nbcuniversal-announces-dreamworks-animation-acquisition\" target=\"_blank\" rel=\"noopener\">COMCAST<\/a><\/div>\n<\/div>\n<\/div>\n<\/article>\n","protected":false},"excerpt":{"rendered":"<p>The rumors were true. Comcast announced Thursday that its NBCUniversal division will acquire DreamWorks animation, a studio known for hits such as\u00a0Shrek,\u00a0How to Train Your Dragon,\u00a0Kung Fu Panda,\u00a0Antz and other movies and TV shows. Comcast said it will bring DreamWorks into its Universal Filmed Entertainment Group.<\/p>\n","protected":false},"author":3,"featured_media":3015,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[23],"tags":[39],"class_list":["post-3014","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-comcast","et-has-post-format-content","et_post_format-et-post-format-standard"],"_links":{"self":[{"href":"https:\/\/kmtech.blog\/index.php?rest_route=\/wp\/v2\/posts\/3014","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kmtech.blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kmtech.blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kmtech.blog\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/kmtech.blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3014"}],"version-history":[{"count":0,"href":"https:\/\/kmtech.blog\/index.php?rest_route=\/wp\/v2\/posts\/3014\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kmtech.blog\/index.php?rest_route=\/"}],"wp:attachment":[{"href":"https:\/\/kmtech.blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kmtech.blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kmtech.blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}