Comcast Eyeing DreamWorks Animation Acquisition - AVS Forum | Home Theater Discussions And Reviews

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Old 04-26-2016, 08:23 PM - Thread Starter
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Comcast Buys DreamWorks Animation SKG

Updated 9:55 am April 28 - What was rumor yesterday is reality today. Comcast will buy Dreamworks Animation SKG for $3.8 billion.

Philadelphia-based Comcast has finalized a deal to acquire DreamWorks Animation SKG. The $3.8-billion purchase of the studio by the Philadelphia-based cable TV giant became official this morning. With this move, Comcast becomes a viable rival to Walt Disney when it comes to producing family entertainment.

Comcast is no stranger to Hollywood, it already owns Universal Studios. However, DreamWorks bolsters the company's position when it comes to animated films and related theme park exhibits. DreamWorks Animation is responsible for popular franchises such as Shrek, How to Train Your Dragon, and Madagascar. In all, the studio's movies have grossed over 13 billion dollars worldwide (says Wikipedia).

This move speaks to the desire major content providers have to control the content they deliver. Comcast is already a major player in content creation given its ownership of NBC/Universal, which generated $28.5 billion in revenue and $4.8 billion in profit last year. Comcast itself brought in $74 billion in revenue in 2015, which is 11 times more than Netflix. As a matter of perspective, the DreamWorks Animation acquisition would cost Comcast the equivalent of three weeks of revenue.

Disney is a much bigger fish than DreamWorks—the company is almost the size of Comcast. However, with this acquisition, it will gain another tool with which to take on Disney, the undisputed champ of family-friendly entertainment. Clearly Comcast is adapting to changes in the market and doing so from a position of strength.
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Last edited by imagic; 04-28-2016 at 08:21 AM.
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Old 04-27-2016, 06:08 AM
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At what point does a conglomerate become a monopoly?
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Old 04-27-2016, 06:31 AM
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At what point does a conglomerate become a monopoly?
When you absolutely have no choice of a provider, period. This isn't the case for most people. Satellite offers an alternative and some folks have totally "cut the cord" or go OTA & streaming services.

Cable companies acquiring content providers is not new. This is an interesting one since Dreamworks focuses on animation for their movies. I do not know if this is a financial move or another way to control content & profit from it.

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Old 04-27-2016, 08:37 AM
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Sigh. Yay capitalism.

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Old 04-27-2016, 08:40 AM
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At what point does a conglomerate become a monopoly?
When they stop paying off politicians.
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Old 04-27-2016, 08:44 AM
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Smart move on Comcast's part if you ask me. It generates more profit on top of the profit they are making with Universal. Comcast/Xfinity are doing well, very well profit wise so why not add more? I have no issue's with it and if DreamWorks Animation SKG agree's to the buyout it benfits both parties. Ricoflashback it is a financial move along with control of content and make a profit and why not? It's buisness and a way to make more money.
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Old 04-27-2016, 09:39 AM
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Originally Posted by Ricoflashback View Post
When you absolutely have no choice of a provider, period. This isn't the case for most people. Satellite offers an alternative and some folks have totally "cut the cord" or go OTA & streaming services.

Cable companies acquiring content providers is not new. This is an interesting one since Dreamworks focuses on animation for their movies. I do not know if this is a financial move or another way to control content & profit from it.
Satellite broadcast television is a comparable alternative to cable broadcast television. Where Comcast comes closest to being a true monopoly (in many areas) is as a broadband ISP. Under the old 3Mbps+ definition for broadband internet, there are a few alternatives to Comcast in my area, including DSL, satellite, and wireless ISP's. However, if we go by the new 25Mbps+ definition for broadband internet (as proposed by the FCC) then Comcast is the only broadband ISP in my area. This is true in many areas, whether it be Comcast, Cox, or Time Warner that is the sole broadband ISP for that particular area.
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Old 04-27-2016, 10:19 AM
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I was under the impression that monopoly was when you controlled all aspects of a product. They control the means of production, delivery and alternatives (online). If you like sports you must pay the gatekeeper here in Detroit. Tigers, Wings, Pistons all require cable access. If you watch NBC/Universal you must tip your hat to Comcast.
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Old 04-27-2016, 10:34 AM
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I was under the impression that monopoly was when you controlled all aspects of a product. They control the means of production, delivery and alternatives (online). If you like sports you must pay the gatekeeper here in Detroit. Tigers, Wings, Pistons all require cable access. If you watch NBC/Universal you must tip your hat to Comcast.
I think you are referring to a vertical monopoly, which is a type of monopoly, but not the only type.
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Old 04-27-2016, 11:43 AM
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Yea the posterboy for bad business service wraps another group of artists under it's profit/loss quarterly requirements.
Golf clap for the upcoming: Shrek Ascending and How to Train Your Dragon World.
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Old 04-27-2016, 01:23 PM
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Yea the posterboy for bad business service wraps another group of artists under it's profit/loss quarterly requirements.
Golf clap for the upcoming: Shrek Ascending and How to Train Your Dragon World.

Profit/Loss? Um I dont know where your getting your info from but Comcast hasnt been losing money but making money. And poster boy for bad business? Take a look at Directv and Dish Network and you'll see and hear bad business. Just sayin.
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Old 04-27-2016, 01:57 PM
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Profit/Loss? Um I dont know where your getting your info from but Comcast hasnt been losing money but making money. And poster boy for bad business? Take a look at Directv and Dish Network and you'll see and hear bad business. Just sayin.
While some reports show Comcast has been making amends. In 2015 Comcast and Time Warner Cable were the bottom of all customer service companies. I was one of the many who got transferred through 8 different sales reps before they would cancel our Cable a year ago. Sorry if two hours wasted on a phone call has left me bitter.

And while Comcast is profitable; IMO, the trend is that the larger the company, the more they invest in executives and market share than the content creators. Not that Dreamworks is a tiny content think tank.
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Old 04-27-2016, 02:30 PM
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Don't know if there's one in your area, but I would've taken the cable equip to their customer service center, dumped it on the counter and dared them to further charge me for service.

I recently got internet service from them, but only because they're slightly less evil than AT&T.
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Old 04-27-2016, 04:35 PM
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Cable companies are like congressmen. They know you hate them, but so what? You keep buying / voting for them.
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Old 04-27-2016, 05:56 PM
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Not a good analogy, IMO, but OK...
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Old 04-28-2016, 08:17 AM - Thread Starter
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No longer a rumor. It's a done deal.
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Old 04-28-2016, 09:36 AM
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No longer a rumor. It's a done deal.
Good deal Comcast!
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Old 04-28-2016, 05:00 PM
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Good deal Comcast!
And a bad one for FOX. The distribution deal with Dreamworks Animation probably won't be renewed. Expect everything to go through Universal. This gives Universal product from two animation houses and FOX will be down to one.
Animation is very expensive business to be in if your are making product at a theatrical level. This acquisition should help DA down the line.

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Old 04-28-2016, 05:02 PM
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I am not sure how I feel about this lol.

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Old 04-28-2016, 09:57 PM
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I do, this will make Comcast even more dominant and arrogant.
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Old 04-29-2016, 04:31 PM
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A $h|T company i don't see this helping anyone but them.

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Old 05-01-2016, 09:22 AM
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I don't like when companies buy other companies. I would rather everything be independently owned and each spends R&D money on their own ideas. It would make for a better product striving to be the best instead of "lets buy this so we can compete with that" attitude.

Does this affect Paramount's distribution of Dreamworks animation titles?

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Old 05-01-2016, 03:36 PM
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Cable companies are like congressmen. They know you hate them, but so what? You keep buying / voting for them.
Actually, countless people are unsubscribing from cable and satellite companies and relying on streaming. More and more every year. So people take action when they hate them.
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Old 05-01-2016, 10:31 PM
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RIP Dreamworks, I really liked your stuff.

Disney was kind to PIXAR and let it forge its own way for many years, but I doubt Comcast will be as generous to Dreamworks.
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Old 05-02-2016, 03:41 PM
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Ugh I loved Dreamworks and the little kid fishing off the moon logo. This angers me. I wonder if the animators and such came with the deal and will they still make family oriented animations like Dreamworks did? I'd say yes since they already have the Minions as said but this saddens me.

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