NBCUniversal Purchases DreamWorks Animation

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It was recently announced that Comcast might buy DreamWorks Animation. The American animation studio has now officially been acquired by NBCUniversal, a division of Comcast, for $3.8 billion.

“DreamWorks will help us grow our film, television, theme parks and consumer products businesses for years to come,” said NBCUniversal CEO Steve Burke. “We have enjoyed extraordinary success over the last six years in animation with the emergence of Illumination Entertainment and its brilliant team at Illumination Mac Guff studio. The prospects for our future together are tremendous.”

This deal is anticipated to close by the end of 2016. DreamWorks’ next animated feature, Trolls, is set to come out on November 4.

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About Nick Spake

Nick Spake has been working as an entertainment writer for the past ten years, but he's been a lover of film ever since seeing the opening sequence of The Lion King. Movies are more than just escapism to Nick, they're a crucial part of our society that shape who we are. He now serves as the Features Editor at Flickreel and author of its regular column, 'Nick Flicks'.

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