Comcast DreamWorks acquisition

Comcast’s NBCUniversal is acquiring DreamWorks for $3.8 billion

By on April 28, 2016 at 9:20 AM.

Comcast’s NBCUniversal is acquiring DreamWorks for $3.8 billion

How many streaming DreamWorks movies does it take to eat through a Comcast data cap?

Following rumors that suggested a deal was imminent, Comcast-owned NBCUniversal has announced that it will acquire top animation studio DreamWorks for $41 a share. That figure represents a 27% premium over Wednesday’s close, and it works out to a total of roughly $3.8 billion. DreamWorks Animation will become part of Universal Pictures and will be lumped into the company’s Filmed Entertainment Group.

DreamWorks co-founder and CEO Jeffrey Katzenberg will become chairman of the newly formed entity, which will be called DreamWorks New Media moving forward. Katzenberg will also act as a consultant to NBCUniversal as part of the deal. More →

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Amazon signs agreement with FOX; Netflix inks DreamWorks deal

By on September 26, 2011 at 7:00 PM.

Amazon signs agreement with FOX; Netflix inks DreamWorks deal

Amazon and Netflix both recently announced large content licensing deals. Over the weekend, Amazon’s CEO Jeff Bezos said his company will provide Amazon Unbox customers with access to FOX content, bumping the Unbox library to more than 11,000 available movie and TV show titles. The new content includes 24, Arrested Development, Ally McBeal, Buffy the Vampire Slayer, The X-Files and The Wonder Years. Amazon is expected to announce a tablet during a press event on Wednesday and it is largely expected to offer access to all of Amazon’s services, including Unbox. Hit the break for more. More →

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Questions surrounding HP’s PC business deter enterprise customers

By on September 5, 2011 at 2:00 PM.

Questions surrounding HP’s PC business deter enterprise customers

HP’s customers are wary of purchasing new products from the company after its recent decision to kill off its webOS mobile operating system and possibly spin off its PC business. The chief information officer of Fluor Corp Ray Barnard told The Wall Street Journal his company typically spends $25 million per year upgrading its hardware and software. Barnard said that Fluor Corp was considering purchasing a number of HP computers capable of displaying 3D graphics, but has instead decided not to purchase from the company just yet. “I’ve put that all on hold” he told The Wall Street Journal. “It appears that they’re lost right now.” Read on for more. More →

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