DreamWorks Animation & Hasbro In Merger Talks; Deal With Hearst Looming
EXCLUSIVE: DreamWorks Animation is deeply engaged in two potentially game changing negotiations that could transform the company — including one withHasbro to forge a family entertainment powerhouse to be called DreamWorks-Hasbro. The other talks are with Hearst to turn DWA’s AwesomenessTV into a joint venture. We’re told that a DWA and Hasbro deal is at least 60 days off, if it happens. But the two companies are said to have agreed that Jeffrey Katzenberg would chair the combined operation. The Hasbro board visited the DWA campus recently, following a similar visit in late October by Hasbro CEO Brian Goldner and his management team to discuss potential film, TV, and consumer product synergies….