Japanese telecom giant SoftBank reportedly in talks to acquire DreamWorks Animation

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Japanese telecommunications and internet powerhouse SoftBank is making a run to acquire DreamWorks Animation, according to reports from The Wall Street Journal and The Hollywood Reporter. It’s not clear how close the two are to a deal, but reports from sources close to the matter say SoftBank has offered $32 per share compared to DreamWorks Animation’s current $22 price.

DreamWorks Animation, the tiny Hollywood studio behind films such as Shrek, Madagascar, and more recently, How to Train Your Dragon, could provide a unique way for SoftBank to bolster its wireless offerings. The Wall Street Journal reports that the company — and its outspoken billionaire CEO Masayoshi Son — could use content from the animation studio to make Sprint more…

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