Dreamworks Snapped Up By Viacom12 December 2005
Dreamworks Snapped Up By Viacom
Entertainment giant VIACOM has taken over the DREAMWORKS SKG studio in a deal worth $1.6 billion (GBP914 million).
The deal does not cover Dreamworks' animation studios - which created the Shrek movies - but it does give Viacom the right to distribute already-made animated Dreamworks films.
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