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 … [Read more...] about DreamWorks Animations acquires AwesomenessTV
DreamWorks Animation
Former Hulu CEO Jason Kilar joins DreamWorks Animation’s board
Glendale, California – DreamWorks Animation SKG, Inc. announced that at its upcoming annual meeting of stockholders, scheduled to be held on May 29, 2013, current directors Nathan Myhrvold and Richard Sherman will retire from the company's Board of Directors. Lucian Grainge, chairman and chief executive officer of Universal Music Group, and Jason Kilar, founding chief executive officer of Hulu, will be nominated for election as new Directors. Kilar was the founding CEO of Hulu and a … [Read more...] about Former Hulu CEO Jason Kilar joins DreamWorks Animation’s board
Netflix and DreamWorks Animation launch first ever Netflix original kids series
Los Angeles – Netflix, Inc. and DreamWorks Animation SKG, Inc. have announced that they will create the first ever Netflix original series for kids. Based on the DreamWorks Animation movie Turbo, premiering in theatres this summer, the series Turbo: F.A.S.T. (Fast Action Stunt Team) debuts exclusively this December in the U.S. and across the globe in the 40 countries where Netflix offers its service. "Families love Netflix, so creating an original series for kids was a natural for us. And … [Read more...] about Netflix and DreamWorks Animation launch first ever Netflix original kids series
Chairman Roger Enrico steps down from DreamWorks Animation board
Glendale, California – Roger Enrico has resigned as Chairman of the Board of Directors of DreamWorks Animation SKG Inc. effective immediately. Fellow Board member Mellody Hobson will replace him as the new chairman. Enrico has served as Chairman of DreamWorks Animation since its inception as a public company in 2004. Prior to this, he served as Chairman and CEO of PepsiCo Inc., where he spent 31 years. “Roger has been an invaluable leader to our Board of Directors and his … [Read more...] about Chairman Roger Enrico steps down from DreamWorks Animation board
DreamWorks, Twentieth Century Fox announce new distribution deal
Glendale, California – DreamWorks Animation SKG Inc. has entered into a new five-year distribution agreement with Twentieth Century Fox. Under the terms of the agreement, Fox will assume certain marketing and distribution responsibilities in both domestic and international markets for all animated feature films produced by DreamWorks Animation for release in 2013 through 2017. Fox will receive a distribution fee on worldwide theatrical and home video gross receipts as well as on … [Read more...] about DreamWorks, Twentieth Century Fox announce new distribution deal
BREAKING: DreamWorks Animation to acquire Classic Media for US$155M
GLENDALE, California – DreamWorks Animation SKG, Inc. today announced that it has entered into an agreement to acquire Classic Media for US$155 million in cash from Boomerang Media Holdings. Classic Media's library of intellectual property, which is focused on family characters and brands, features a vast collection of filmed entertainment with over 450 titles and more than 6,100 episodes of animated and live-action programming. Classic Media owns one of the world's largest comic book … [Read more...] about BREAKING: DreamWorks Animation to acquire Classic Media for US$155M