Universal acquires Panda and Shrek... For 3.8 billion.

[Tilapia]

https://www.google.com/amp/mobile.n...mcast-deal-katzenberg.amp.html?client=safari#

Get ready for Shrek: Lost in Isla Sorna.

Bye bye to those F7 and JW profits.

 

[Loden Greatstorm]

Wow...

 

[Symbiotic]

Not worth it.

 

[Loden Greatstorm]

I guess Shrek will be getting a reboot.

 

[GR8GODZILLAGOD]

What a stupid buy for that much money.

 

[ThePhantasm]

The title is a bit misleading. They bought all of Dreamworks animation, not just the rights to Panda and Shrek.

 

[Loden Greatstorm]

The title is a bit misleading. They bought all of Dreamworks animation, not just the rights to Panda and Shrek.

Well Panda and Shrek are apart of Dreamworks but I do see where you are coming from.

 

[ThePhantasm]

Well Panda and Shrek are apart of Dreamworks

I never said that they weren't.

 

[stormtrooper]

They own the dreamworks library too which includes Casper, Dick Tracy, etc..
This buy was really about the theme pArks and merchandising.

 

[Sithborg]

Yeah, buying Dreamworks is a different issue than just buying those two properties.

 

[Loden Greatstorm]

I never said that they weren't.

I never said you didn't say they weren't.

 

[ThePhantasm]

I never said you didn't say they weren't.

I'm confused. What were you saying, exactly?

 

[Loden Greatstorm]

I'm confused. What were you saying, exactly?

Just forget it, I wasn't having a dig at you, anyway. I wonder when they will announce the new rebooted Shrek.

 

[TheVileOne]

What's crazy is that Disney purchased Marvel for $4 billion and Lucasfilm (including Star Wars) for about the same.

This is a comparable amount. Granted, Shrek 2 made $919 million worldwide. Shrek 3 and 4 made over $700 million worldwide. But I mean, Shrek hasn't really been a relevant franchise for a long time. If you made a fifth Shrek movie, would people even really want to see it this time? The movies sort of got progressively worse after the second one.

Now I guess you could argue that Disney paid a bargain price for Marvel and Lucasfilm and DWA is priced correctly.

 

[Tilapia]

The title is a bit misleading. They bought all of Dreamworks animation, not just the rights to Panda and Shrek.

I was going for the more salacious title obviously.... But you can add How to train your Dragon's in there as well. To be honest I thought the deal included DreamWorks pictures let alone DreamWorks animation alone.

 

[Loden Greatstorm]

What's crazy is that Disney purchased Marvel for $4 billion and Lucasfilm (including Star Wars) for about the same.

This is a comparable amount. Granted, Shrek 2 made $919 million worldwide. Shrek 3 and 4 made over $700 million worldwide. But I mean, Shrek hasn't really been a relevant franchise for a long time. If you made a fifth Shrek movie, would people even really want to see it this time? The movies sort of got progressively worse after the second one.

Now I guess you could argue that Disney paid a bargain price for Marvel and Lucasfilm and DWA is priced correctly.

Shrek will be rebooted in my opinion. Who knows, maybe even a live action Shrek is possible.

 

[TheVileOne]

Well Shrek did become a successful Broadway musical. So live-action isn't a huge stretch I guess.

[YT]BfNK5lHL2nA[/YT]

 

[Loden Greatstorm]

 

[ThePhantasm]

I was going for the more salacious title obviously.... But you can add How to train your Dragon's in there as well. To be honest I thought the deal included DreamWorks pictures let alone DreamWorks animation alone.

The point is that they did not just purchase the properties, like Shrek, Panda, and Dragon. They purchased the whole division, the staff, everything, so they can develop new properties as well.

Its like if someone buys the company Pixar, you wouldn't scoff and say "hey they just bought Cars for 4 billion, isn't that funny har har?"

 

[Tilapia]

The point is that they did not just purchase the properties, like Shrek, Panda, and Dragon. They purchased the whole division, the staff, everything, so they can develop new properties as well.

Its like if someone buys the company Pixar, you wouldn't scoff and say "hey they just bought Cars for 4 billion, isn't that funny har har?"

I hear ya. I was listening to Bloomberg earlier, and the host was like, "Why did Comcast pay 3.8 billion... For Shrek?" I spit out my coffee and was compelled to make the thread.

 

[terry78]

So basically they bought Dreamworks Animation. Is that the long and short of it?

 

[ThePhantasm]

Yes.

 

[Monsieur Xavier]

Isn't it Comcast that bought Dreamworks ?

 

[ThePhantasm]

Isn't it Comcast that bought Dreamworks ?

Universal studios is owned by Comcast.

 

[Tilapia]

Universal studios is owned by Comcast.

To educate the young guys here:

Comcast= Universal/NBC
Viacom = Paramount/CBS
Sony = Columbia Pictures