Reports suggest that Comcast may combine its own animation division, Illumination Entertainment, with DreamWorks.

Comcast in talks to acquire DreamWorks Animation for $3bn

Comcast is allegedly in talks to acquire DreamWorks Animation, in a deal worth around $3 billion.

According to reports, if Comcast buys the animation company, DreamWorks Animation could develop into an entertainment corporation that will control key properties, such as NBC, Universal Studios and Telemudo.

In addition, if the acquisition takes place, reports suggest that Comcast may combine its own animation division, Illumination Entertainment, with DreamWorks.

Christopher Meledandri, chief executive of Illumination Entertainment, is expected to take on the operation, with The Wall Street Journal citing ‘that would almost certainly mean the departure of Mr. Katzenberg’, DreamWorks Animation’s current CEO.

About Robert Hutchins

Robert Hutchins is the editor of Licensing.biz and ToyNews. Hutchins has worked his way up from Staff Writer to the position of Editor across the two titles, having spent almost eight years with both ToyNews and Licensing.biz, and what now seems like a lifetime surrounded by toys. You can contact him by emailing robert.hutchins@biz-media.co.uk or calling him on 0203 143 8780 You can even follow him on Twitter @RobGHutchins if ranting is your thing...

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