Universal Looking To Sell Stake In Oriental DreamWorks; Warner Bros. In Talks To Buy -- Report

Universal is in talks to sell its stake in Oriental DreamWorks. The joint venture between China and Hollywood was acquired last year by Jeffery Katzenberg’s DreamWorks Animation for $3.8 billion. According to the Financial Times, Universal has held discussions to sell its 45% stake in the venture that it inherited when Comcast acquired DreamWorks Animation, the studio behind the Shrek and King Fu Panda franchises. The majority 55% holding is owned by Chinese investment…