On April 28, it was announced that Comcast had purchased DreamWorks Animation for $3.8 billion. This announcement came as a surprise to many as the two companies had reportedly only been in talks for approximately 2 weeks regarding the deal. The deal is expected to take full effect by the end of the year and Jeffrey Katzenberg is stepping down as CEO of DreamWorks Animation. Simply put DreamWorks Animation remains on a tumultuous path full of uncertainty regarding its future.
|This is a good thing...right?|
So what does the deal mean for DreamWorks Animation exactly? That remains to be seen as the deal takes effect and time moves on. Thus it is interesting to at least speculate about what we may see occur. Layoffs at the studio may not be far behind, especially at the features branch as we could see the studio focus more on their television production rather than feature films. Hopefully that doesn't occur as PDI was painful enough to see closed down with their multitude of layoffs. Furthermore the perks of being a DreamWorks employee, most notably the free (and super tasty!) lunches, could be downsized or cut entirely in order to further slash costs. Hope those lunches don't go away, anyone who has had the pleasure of enjoying lunch at the DreamWorks Animation cafeteria knows that they are awesome.
|A potentially good thing that could come out of this deal |
is more representation of the DreamWorks franchises
at Universal parks. How to Train Your Dragon ride anyone?
All in all, patience will be key in seeing how this deal plays out and whether it ends up truly being beneficial to DreamWorks Animation and its employees. Here's hoping that everything turns out okay and that DreamWorks Animation is able to become a successful powerhouse animation studio once again.