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A profitable deal for DreamWorks Animation

The news has now been made official that the largest 2D animation studio of all times DreamWorks will be the new owner of the renowned animation banner Classic Media. This is considered as the most happening deals of all times and DreamWorks will be paying a whooping amount of one hundred and fifty five million dollars to classic media for the acquisition. The experts of animation movies are stating that it is a golden feather in the hat of DreamWorks as classic media is a renowned name and has given some fantastic animated characters, which are still loved by people all across the world.

President of DreamWorks 2D animation studio has said that, this deal is lucrative for them, as various new archives will be acquired along with the company. Newspapers reported that, it would a new home for the animated characters of Classic Media. Classic media has made some renowned characters like He-Man, Casper and Richi Rich. The president of DreamWorks also stated that, the characters of Classic Media will now be a part of DreamWorks animation world and will have a new beginning. The final procedure of the acquisition will be completed by September 2012.

With this acquisition, DreamWorks will be bringing home a collection of more than four hundred and fifty titles and over sixty one hundred episodes. Every work of classic media will now come under the roof of DreamWorks 2D animation studio and the animators of DreamWorks are excited about it as they will be able to do some wonders in recreating some of the most classiest animated characters of all times.

 

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