Comcast to buy DreamWorks Animation for $3.8 bn

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Comcast to buy DreamWorks Animation for $3.8 bn

New York (AFP) – US entertainment and cable giant Comcast announced plans Thursday to buy DreamWorks Animation, the studio known for its “Shrek” and “Kung Fu Panda” films, for $3.8 billion.

“DreamWorks will help us grow our film, television, theme parks and consumer products businesses for years to come,” said Steve Burke, chief executive of Comcast unit NBCUniversal.

US actress Kate Hudson arrives for the European premiere of Kung Fu Panda 3 in London on March 6, 2016
Copyright AFP/File Leon Neal

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