Comcast Likely To Buy DreamWorks Animation At $3 Billion Price

Thursday, April 28th, 2016

Comcast Likely To Buy DreamWorks Animation At $3 Billion Price

DreamWorks Animation Studio based in California which created animated feature films is now busy to sell its holding to Comcast. Dream Works is currently run by Jeffrey Katzenberg. An interesting deal of $3 billion or even more is likely to get initiated between DreamWorks and Comcast. With this new acquisition move, one is likely to pursue that Comcast would merge its own animation division with Dream Works. It may be noted that Comcast is the largest broadcasting and largest cable company in the world by revenue. Although the spokesperson of DreamWorks has not reacted to the possible deal, the news has given rise to a lot of speculation worldwide. Various leading journals in Hollywood have reported about this deal, and it is still not known whether Jeffrey Katzenberg will remain at the helm of affairs once the deal gets a real breakthrough!