Comcast is reportedly in talks to acquire DreamWorks Animation in a multibillion deal

Comcast is reportedly in talks to acquire DreamWorks Animation for $3 billion, The Wall Street Journal reported, citing sources familiar with the matter.

DreamWorks is the animated film house behind blockbuster movies like “Kung-Fu Panda” and “Shrek,” and headed by CEO Jeffrey Katzenberg.

Developing …

NOW WATCH: How ISIS makes over $1 billion a year

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.