ReptilePatrol
According to Cartoon Brew and the Wall Street Journal,

http://www.cartoonbrew.com/business/breaking-comcast-talks-buy-dreamworks-animation-139155.html

Comcast is in talks to purchase DreamWorks for over $3 billion, a move which will undoubtedly shake up the American animation industry. To put this into context, Disney acquired Pixar for $7.4 billion, and Comcast, like Disney at the time, already has an animation studio: Illumination Entertainment, the creators of Despicable Me.

To be honest, I'd much prefer, like Katzenberg has said, that Paramount purchase DreamWorks. That would keep things more diverse in the animation market, and help Paramount out too because at the moment Paramount's animation department is barely a joke.

However, either way, a parent company would help ensure more financial stability for DreamWorks, which may hopefully be a good thing in the long term, especially if you compare it to Disney's acquisition of Pixar.
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Vellerie
I hope it works out, because we really need more animation voices and Disney needs a decent competitor (I'm sure even they'd agree!). I'm ehh about Illumination but they may get better over time.
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Arlo
I am surprised that Comcast is buying out DreamWorks especially since Comcast already has their own animation studio, Illumination which is by the way doing much better than DreamWorks in terms of making money. But Illumination has only made 5 movies, and 3 of them so far have all been Despicable Me (I did enjoy the first two, but Minions was pure trash) related, looks like they are having a hard time coming up with some original ideas, which is also the case with DreamWorks with sequels like Shrek 5 and Kung Fu Panda 4 planned. So I guess that's why I'm surprised because Universal already has a big money-making animation studio Illumination (which's quality may not be the best, but money doesn't seem to be an issue for them), whereas DreamWorks (quality is not always the best, every now and then they come out with a good movie like Kung Fu Panda, but that seems rare for them now, but the difference is money does seem to be an issue for them). And that may have something to do with the current distribution deal they have going on with 20th Century Fox. Mr. Peabody & Sherman (which I thought was DreamWork's best film in a long time) turned out to be a flop only making $200 million. Meanwhile Penguins of Madagascar (which was sure to be a hit since all the Madagascar films are huge blockbusters), also was a flop. And Kung Fu Panda 3 only made $400 million, which is a big loss after it's predecessor made 600 million, but that might have something to do with the January release.

  
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Sally
I can't believe i never nocited this until i read the link

I still love Dreamworks, and i support them in everything they do, even if their recent movies were not the best, but i think there are better off without a buyer, also their deal with Fox ends after Trolls (i think, someone help me if im wrong), so maybe its not the right time right now

Also, Comcast is a big company, so...
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Arlo
Their deal with 20th Century Fox actually ends in 2018. So they still have a little bit longer of a while to go. Also it is being said that if Comcast buys DreamWorks Animation the CEO Jeffery Katzenberg, is expected to leave. So there is a possibility that this may not happen, if Katzenberg wants to keep his job and continue to stay with the company, but maybe it will if he's decided that he would like to retire now. 
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ReptilePatrol
Katzenberg might not have to leave if Comcast follows Disney's lead and keeps their animation studios separate and independent. However, the final details have not been confirmed yet, according to this update:

http://deadline.com/2016/04/dreamworks-animation-comcast-slow-deal-negotiations-1201745201/

Apparently the revelations that Comcast is interested has slowed their negotiations, which still remain only as negotiations for now. According to Deadline, the finer details like what Katzenberg does are still to be determined.

In fact, maybe the deal won't even go through after all, but I guess we'll have to see as this develops further.
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Bonnie
Arlo wrote:
looks like they are having a hard time coming up with some original ideas, which is also the case with DreamWorks with sequels like Shrek 5 and Kung Fu Panda 4 planned.

  


Eh, I don't think that's really fair. I mean, I guess it'd depend on what you classify as an original, but since you used sequels as examples I'm guessing you just mean "Not those", and they actually have more originals planned than sequels right now. 

I'm getting my information from Wikipedia, so it's entirely possible this is wrong, but it looks like this year will have (and has had) an original and sequel, next year will have two originals and a sequel (Croods 2), then the year after that will have an original and a sequel (How to Train Your Dragon 3). 

Shrek 5 and Kung Fu Panda 4 seem to be things that are planned but don't have set times, and there are quite a bit of original movies in that category along with them. 

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Sally
Confirmed:

http://deadline.com/2016/04/comcast-buys-dreamworks-animation-1201745816/
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Peace_Love_Pixar
Oh boy, I hope this doesn't negatively influence the company, since they are not that bad and can make very good movies.
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ReptilePatrol
Well then it looks like it's official - Comcast is buying DreamWorks for $3.8 billion, Illumination's Chris Melendandri is taking over DreamWorks, and Jeffrey Katzenberg is being moved elsewhere within Comcast.

Some of my immediate thoughts:

I'm speculating that there will probably be a major shakeup in terms of how things are run at DreamWorks, instead of what happened with Pixar where Disney kept Pixar independent. Melendandri taking over DreamWorks suggests that it might be absorbed into Illumination, or they may have plans to massively restructure it to form a better business model.

For the industry, this might not be the best news. I'm guessing there will probably be significant layoffs, with either a merge or a restructuring, because they're almost certainly not going to expand DreamWorks. However, Cartoon Brew has said that Comcast is likely more interested in DreamWorks' television work than their feature film productions, so perhaps there will be some new developments there?

For the market, that's a different story. I can totally see a combined DreamWorks and Illumination presenting a much more formidable challenge to Disney, which will provide some healthy competition and diversity. However, it can also be argued that there's less diversity if DreamWorks is no longer a major player, especially if it is either absorbed into Illumination or if it is restructured to focus on television animation. I'm also a bit worried about what's going to happen to HTTYD3, which is basically the only DreamWorks movie right now that I'm looking forward to, but hopefully they won't be pulling the plug on it if do try to pivot DreamWorks from film to television.

It's also a bit ironic to me how a much smaller player (Illumination) is absorbing a much bigger one (DreamWorks), because of their deep pocketed parent company. Again, I wish Paramount would have stepped up to the plate, but at least Comcast will help ensure DreamWorks some financial stability - prior to this deal their future hadn't been so bright in terms of business. I mean, how many of you actually saw Kung Fu Panda 3 in theaters? I know I didn't, haha.

EDIT:

Cartoon Brew has a great article on what we may be able to expect for DreamWorks'/Comcast's future:

http://www.cartoonbrew.com/business/first-thoughts-questions-comcast-dreamworks-deal-139210.html
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Peace_Love_Pixar
In general, I'm interpreting this as... Not the best news it could be. I mean, I'm really really REALLY hoping they don't merge Illumination and DreamWorks together, and that they don't concentrate all of their work into TV shows, simply put. I'm also looking forward to what they do with HTTYD3 and some of their future projects, so if they either decide to work on it together (with Illuminations), or give the project completely over to Illumination, or maybe even cancel it, I know it will change the result, perhaps drastically.

And you know what? I'm feeling a little sad too. I mean, Dreamworks had all this trouble, and now they might now even turn out to not continue to make movies anymore at all...
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