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New Owner For Shrek? Dreamworks Animation Stock Up On Buyout Talk - Sep. 29, 2014

dwa stock Even with the big pop on Monday, the stock is down 26% in 2014. The movie business is notoriously difficult. Disney ( DIS ), which acquired DreamWorks Animation rival Pixar in 2006, has been far more successful at the box office over the long haul than webblog DreamWorks Animation. And other major media companies have been busy building out their animation studios as well. "The LEGO Movie," released by Warner. Bros., is the third-highest grossing film this year. (Warner Bros. is owned by CNNMoney parent company Time Warner ( TWX ).) Universal, owned by Comcast ( CMCSA ), had one of the biggest hits of 2013 with "Despicable Me 2." So it makes sense that DreamWorks Animation might be vulnerable to a takeover. It doesn't have the same financial firepower behind it. homepage
Source: http://money.cnn.com/2014/09/29/investing/dreamworks-animation-softbank/index.html?section=money_news_international

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