COMCAST CORP acquires DreamWorks Animation
Snapshot
COMCAST CORP acquired DreamWorks Animation for approximately $3.8 billion equity value; $41.00 in cash per share in August 2016. The transaction was structured as all cash. DreamWorks Animation is a United States-based NBCUniversal - Universal Filmed Entertainment Group business.
- Acquirer
- COMCAST CORP
- Target
- DreamWorks Animation
- Value
- approximately $3.8 billion equity value; $41.00 in cash per share
- Date
- August 2016
- Type
- full acquisition
- Status
- ready
The deal at a glance
About this deal
COMCAST CORP acquired DreamWorks Animation for approximately $3.8 billion equity value; $41.00 in cash per share, a transaction completed in August 2016, structured as all cash.
DreamWorks Animation operates in NBCUniversal - Universal Filmed Entertainment Group, is based in United States. NBCUniversal, a division of Comcast, announced the acquisition of DreamWorks Animation (NASDAQ: DWA) at an equity value of approximately $3.8 billion, with stockholders receiving $41.00 in cash per share. DreamWorks Animation creates animated feature films, television series and specials, live entertainment and related consumer products, and became part of the Universal Filmed Entertainment Group alongside Universal Pictures and Fandango. Illumination founder Chris Meledandri was named to help guide the DreamWorks Animation business.
DreamWorks Animation is a great addition to NBCUniversal. Jeffrey Katzenberg and the DreamWorks organization have created a dynamic film brand and a deep library of intellectual property. DreamWorks will help us grow our film, television, theme parks and consumer products businesses for years to come.
Expands NBCUniversal's presence in the family and animation space; IP feeds film, TV, theme parks and consumer products. Universal Filmed Entertainment Group
No advisory firms have been disclosed for this transaction.