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NBCUniversal acquires Dreamworks for 3.800 million dollar

The multinational will pay 41 dollar for each Dreamworks share


In 1998 we saw the arrival of Antz, the first feature animation film from Dreamworks, followed by another ticket window successes which have had importance in the life of many families, such as Shreck, Madagascar or Kung Fu Panda. The administration council of the company, founded in 1994 by Jeffrey Katzemberg, Steven Spielberg and David Geffen, has reached a deal with Comcast (NBCUniversal’s parent company) in order to join the group. According to the multinational, the acquisition is valued in 3.800 million dollar (3.360 million euros) and Dreamworks’ shareholders to receive 41 dollar (36 euros) for each producer’s share.

The council of both companies expect to finish the deal later this 2016 and, with this acquisition, a huge “intellectual property library” joins the NBCUniversal big family, with some popular characters rights, such as charismatic ogre Shreck. With this evolution, the cable operator Comcast gets strength to fight with its biggest rival, The Walt Disney Company. In that sense, Katzemberg assures that “the deal is not only valued by shareholders, but also for the increasing business of NBCUniversal’s family entertainment”.

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