DreamWorks Animation Studio Said Weighing Sale to SoftBank
This article is for subscribers only.
Jeffrey Katzenberg is again weighing a sale of DreamWorks Animation SKG Inc., after an attempt to build the film studio into a mini-Walt Disney Co. was rocked by uneven box-office results.
SoftBank Corp., the Japanese telecommunications company headed by Masayoshi Son, is in talks to buy Glendale, California-based DreamWorks Animation, people with knowledge of the discussions said on Sept. 27. An acquisition hasn’t been formally discussed by senior executives at SoftBank, and the chances of reaching a final agreement are low, said another person familiar with matters at Tokyo-based SoftBank.