Creator Economy MapThe Music Cities™ and BusinessFlare® · 2005 to 2026
Capital · acquirer

DreamWorks Animation

Studio, acquirer of AwesomenessTV · Los Angeles

Founded
1994 to 2016
Entered
2005
Placed at
2005: founded 1994, before the timeline start; shown from 2005
Status 2026
Acquired
Metro
Los Angeles
Embeddedness
3 connections
Confidence
verified · strongest source primary or company

Method

DreamWorks Animation announces on May 1, 2013 that it is buying AwesomenessTV, Brian Robbins's YouTube network of 55,000 channels and 14 million subscribers, for 33 million dollars up front plus earnouts of up to 117 million dollars tied to 2014 and 2015 earnings, the first Hollywood studio purchase of a YouTube network. Comcast agrees in April 2016 to buy DreamWorks Animation for 3.8 billion dollars and AwesomenessTV passes to NBCUniversal before Viacom buys it in 2018. Jeffrey Katzenberg, DreamWorks co founder, later founds Quibi.

People: Jeffrey Katzenberg

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The path: money and goods moving

  • acquiredAwesomenessTVDreamWorks Animation announces the AwesomenessTV purchase on May 1, 2013 for 33 million dollars plus up to 117 million dollars in earnouts, closing that month.2013
  • acquired byComcast NBCUniversalComcast announces on April 28, 2016 that it will buy DreamWorks Animation for 3.8 billion dollars, bringing AwesomenessTV with it. (partly verified)2016
  • spawnedQuibiDreamWorks co founder Jeffrey Katzenberg founds Quibi in 2018 and raises 1.75 billion dollars for it.2018
Sources (primary or company): en.wikipedia.org · en.wikipedia.org · prnewswire.com · techcrunch.com