Comcast buys DreamWorks for $ 3.8 billion
Comcast buys DreamWorks Animation to $ 41 per share in a deal a total value of $ 3.8 billion (3.35 billion euro at current exchange rates). This was stated by NBCUniversal, which is owned by Comcast, in a statement.
The transaction, which will bring the change of ownership for the company co-founded by Steven Spielberg, is expected to close later this year. For Comcast, the largest cable television provider in the United States and the control of NBC networks, the expectation is to get stronger in the film industry and to gain market share in China, where the film industry is growing rapidly.