New York, July 24 (FinanceEnquiry.com) – The Glendale-based animation studio, DreamWorks (NASDAQ: DWA) has acquired Classic Media for $155 million in cash.
It is yet not clear that if the new deal would hamper the The Steven Spielberg-founded company’s plan to make 2-3 films every year. Under the customary closing conditions, it is expected that the transaction will be completed by the end of September
New York City-based Classic Media owns rights to various characters such as Casper the Friendly Ghost, The Lone Ranger, Lassie, George of the Jungle, Where’s Waldo and Postman Pat.
Classic Media has offices in UK and Nashville with around 80 employees. It is a proud owner of 450 movies and 6,100 episodes of TV shows which includes animated as well as live action. The company obtains the media rights to children’s books ‘Golden Books’ and rights to a comic book archive.
New York, May 22 (FinanceEnquiry.com) – According to a fresh survey founded on online activities, Twitter is turning out to be the latest destination for online social media users, in particular the adolescent...
New York, May 21 (FinanceEnquiry.com) – Since retail investors scooped up underperforming stocks for instance Sharp Corp and Tokyo Electric Power Company, Incorporated, due to this, Nikkei share average...
New York, May 20 (FinanceEnquiry.com) – Proof of a stable economic improvement in the US assisted drive world stock markets higher on the first day of the current week. Showing an indication that...
New York, May 17 (FinanceEnquiry.com) – As a result of reduced US sales, Wal-Mart Stores Inc reported feebler -than- anticipated quarterly earnings on May 16 and besides, it also mentioned that its profit for...
New York, May 16 (FinanceEnquiry.com) – Feeble statistics freshened anticipations on May 16 of further central bank activity in Europe, maintaining yield-hungry investors concentrated on the area's stock...
New York, May 15 (FinanceEnquiry.com) – With indications of increasing supplies, West Texas Intermediate crude traded close to the bottommost stage in approximately two weeks. Antitrust regulators are inquiring...
New York, May 14 (FinanceEnquiry.com) – As weighed by apprehensions over deteriorating demand in China and strong worldwide output, oil futures settled down for the third consecutive session. Futures guided...
New York, May 13 (FinanceEnquiry.com) – Renewing apprehensions that a budding recuperation is stalling and toting up to stress on policymakers to take action in order to encourage the economy,...
New York, May 10 (FinanceEnquiry.com) – Finishing five consecutive weeks of falls that sent average rates on a few loan types to fresh record lows, mortgage rates directed higher in the present week on...
New York, May 9 (FinanceEnquiry.com) – Last month, consumer inflation of China stepped up to some extent, even though yet within a gentle range that leaves space for policymakers to modify policies in order to...
