DreamWorks

Ever since Michael Bay came out with his first re-interpretation of Transformers, we have looked at each and every remake with both anticipation and dread. Eschewing the trend to go live action and 3D, Netflix and Dreamworks have thankfully stuck with the animated roots of Voltron, Defender of the Universe. Or rather, Legendary Defender as it is now titled. The latest teaser to drop from Netflix finally gives some screen time to the five young lads that will be piloting the overgrown metallic cats.

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It sounds as if cable giant Comcast is making plans to expand its movie studio ownership with a purchase of DreamWorks Animation. In a move that could allow Comcast, which already own Universal Picture, to better compete with the likes of Disney and Pixar, the Wall Street Journal reports that talks are currently ongoing, with a price for DreamWorks set at over $3 billion.

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You know those videos where kids react to gadgets and devices that were en vogue 30 or so years ago? There might come a time soon when those videos will also start to revolve around TV sets. Today's generation, nicknamed millenials, are no longer confined to the "tube" for their entertainment needs and instead bury their heads on smartphones and tablets. That is why Verizon, who of course caters to mobile users, is signing up with partners to deliver even more content to these mobile devices.

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DreamWorks Animation has produced some popular movies, but the company itself has been facing some struggles for a while, and now it seems it has a plan in place to address that. Unfortunately, according to a recent announcement by the company, that plan involves a restructuring that will require 500 jobs to be cut. When precisely those jobs will be nixed hasn't been detailed, though it seems it will be taking place in the relatively near future. In addition, the company will be shifting its creative focus, and that'll mean fewer movies.

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Hasbro is looking to acquire DreamWorks Animation, according to sources that spoke with the New York Times. Talk between the companies is said to be "advanced", but the sources say that nothing is concrete yet and it might still come to nothing. If the acquisition does pan out, however, it would see Hasbro's product lines open to a new level of feature film possibilities, and DreamWorks Animation would have numerous options for future projects. This follows news in September claiming Softbank was looking to acquire the company.

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If you have watched some of the more recent animated movies in theaters, you have probably seen a movie from DreamWorks Animation. DreamWorks is the company behind films like How to Train Your Dragon, Madagascar, and Shrek to name a few. A new rumor is flying around that DreamWorks may be for sale and Japanese firm SoftBank is interested in buying.

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Netflix has revealed that it will be taking over DreamWorks' How to Train Your Dragon television spinoff series, Dragons: Riders of Berk. The video streaming service will be taking over the series and launching it as a Netflix Original.

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DreamWorks Animation is one of the most well-known movie animation studios around. Pixar might be a bit more popular, but DreamWorks has certainly come up with some classic hits recently. The company announced, alongside HP, that their latest film used HP workstations to render animations and create graphics for the movie "Turbo."

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Netflix and Amazon's LOVEFiLM are each getting a burst of new content, its been announced, with DreamWorks and Disney each promising fresh on-demand titles for the cord-cutting favorites. On Netflix, a new deal with DreamWorks will see more than 300 hours of new programming based on existing and upcoming franchises such as Turbo added, while LOVEFiLM will get a mixture of new and classic titles like Dumbo, Ratatouille, and Bedknobs and Broomsticks.

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DreamWorks has officially acquired the teen-centric YouTube channel, AwesomenessTV. AwesomenessTV is touted to be one of the most subscribed to channels for teens, having over 14 million subscribers, 55,000 channels, and 800 million total views so far. DreamWorks acquisition of AwesomenessTV is the first major acquisition of a YouTube channel by a big media company, and it will help boost DreamWorks's online presence.

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Rovio isn't slowing down its development of new games, and it's latest project is a collaboration with DreamWorks Animation Studio to launch a new game based on the upcoming movie The Croods. The game is set to launch on March 14, just two day before Rovio's Angry Birds Toons will be premiering, and will be releasing one week before the theatrical release of the movie.

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Just a week-and-a-half after Netflix's House of Cards original series debuted, the streaming service is at it again. The company announced a partnership with animated studio DreamWorks to begin working on another original series, but this time it'll be for kids (and adults who like animated movies). This will be Netflix's first original cartoon series.

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