Comcast Completes $3.8 Billion DreamWorks Acquisition

August 24, 2016 |Mergers & Acquisitions

Comcast's $3.8 billion takeover of DreamWorks Animation is complete, with DreamWorks now part of Comcast's Universal Filmed Entertainment Group that also includes Universal Pictures, Fandango and NBCUniversal Brand Development, Comcast said in a news release Tuesday. NBCUniversal CEO Stephen Burke has said the deal moves forward NBCU's TV animation plans and will help create consumer products and theme park properties (see 1606130022).