California, U.S. – DreamWorks Animation SKG, Inc. announced it has agreed to acquire AwesomenessTV, one of the most subscribed-to teen networks on YouTube. This deal recognises the growing value of digital content creation and consumption.

With this deal, DreamWorks Animation will acquire a next-generation media company, which though its Multi-Channel Network on YouTube has already signed up over 55,000 channels, aggregating over 14 million subscribers and 800 million video views. The AwesomenessTV brand has also recently extended beyond the mobile platform into television and film, signaling continued cross-platform expansion plans. As part of DreamWorks, Brian Robbins, the founder and Chief Executive Officer of AwesomenessTV, will continue to grow the company. In addition, Robbins will assume an executive role at the studio to develop a DreamWorks Animation branded digital family channel, harnessing the studio’s resources, technology and IP portfolio.