Viacom to buy Dreamworks SKG

Viacom will buy DreamWorks SKG which will give Paramount the right to distribute the animated features released by DreamWorks Animation, which was earlier spun off as a separate company. Of course, the pressure is still on DreamWorks Animation to produce another Shrek level hit. Until then, they’ve dropped off the radar as a serious threat to Pixar and Disney, IMHO.