The Last of the Mohicans: Comcast Plans to Buy DreamWorks Studio for $ 3 Billion (UPD)



    Comcast , the largest US cable operator, is considering buying DreamWorks Animation SKG, an American film studio . The deal could exceed $ 3 billion, believed to sources of The Wall Street Journal.

    The market estimates DreamWorks at $ 2.3 billion. Comcast is probably in no hurry to buy the company, as it is trying to determine how much it is willing to overpay for expanding influence in a new market for itself.

    If the deal goes through, Comcast will be able to compete with a giant like Walt Disney Pictures . In the meantime, acquired by Comcast Studio Universal Picturesremains a secondary player in the animation market, even despite the success of the Despicable Me and Minions animated films she has released.

    If purchased, DreamWorks and the Comcast Universal Illumination Entertainment animation studio will continue to operate as two separate studios. WSJ also notes that as a result of the transaction, Comcast Universal Pictures will expand its presence in China.

    DreamWorks is the last of the major animation film studios that are not part of a conglomerate. In 2014, the company was negotiating a purchase with the Japanese company Softbank . In the same year, this issue was discussed with toy manufacturer Hasbro.. DreamWorks founder Jeffrey Katzenberg has been looking for a buyer for several years. 3 years ago, the company entered the online video market. In 2013, DreamWorks acquired the media company Awesomeness TV , which is engaged in multi-platform video streaming.

    Comcast Corporation operates in different markets and collaborates with major players.

    On March 22, Comcast announced the start of a joint project with Amazon's leading online retailer.. As part of a joint project, Amazon will be expected to sell Comcast package products, including Internet, TV, telephony, and more. On Amazon, users can not only order a package of services, but also choose the time to install Comcast equipment. The companies believe that such cooperation should increase sales of cable products for Comcast and expand the range of services for Amazon.

    Comcast Corp. on Friday, April 24, officially announced the disruption of negotiations on the purchase of telecommunication company Time Warner Cable Inc.(TWC) for $ 45.2 billion. The deal was supposed to lead to the merger of the two largest US cable network operators. The refusal is explained by the unwillingness of American regulators to approve the deal. Time Warner Cable is one of the largest companies in the US telecommunications market. The largest company in this market is Comcast.

    UPD .: Re / Code confirms the $ 3.8 billion deal, which will be closed before the end of 2016.

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