Comcast Is Buying DreamWorks Animation for $3.8 Billion USD

Comcast-owned NBCUniversal is about to get a little more animated as the media giant has announced the acquisition of DreamWorks Animation, thus confirming the recently-surfaced rumors. DreamWorks Animation -- the studio behind the likes of Shrek and Kung Fu Panda -- is set to become part of NBCUniversal's Universal Filmed Entertainment Group while UFEG's Chris Meledandri will oversee operations as the DreamWorks Animation brand remains intact. Said Steve Burke, NBCUniversal CEO: DreamWorks Anim...