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DreamWorks Acquiring Teen Network

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Mergers and acquisitions are normal occurrences in the business industry. The television industry is no exception.

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DreamWorks Animation is the latest to acquire a teen network popular for its online content for a whopping $33 million. The acquisition deal is expected to be finalized within this month.

DreamWorks is buying AwesomenessTV, a YouTube teen network and the deal will involve additional payments worth $117 million on condition that certain earnings goals are met by 2014 and 2015.

AwesomenessTV airs talk shows and programs that are both scripted and unscripted (reality). It also features sketch comedy and a television show in Nickelodeon is in the works. [Read more…]

NBC to Air New Shrek & Kung Fu Panda Specials

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Holiday season is nearly upon us, and NBC and DreamWorks are planning a pair of brand new half-hour animated specials to commemorate Halloween and Christmas.

Scared Shrekless, scheduled for October 28th, finds Shrek challenging his friends Donkey, Puss in Boots, his wife Fiona, and the franchise’s other fairy tale characters to spend the night in the former Lord Farquaad’s haunted castle. It’s planned to be paired with a rerun of last year’s Monsters vs. Aliens: Mutant Pumpkins From Outer Space.

Kung Fu Panda Holiday Special, airing November 24th, features panda bear Po having to choose between his family and his duties as Dragon Warrior when he’s asked to host a winter feast at the Jade Palace. It will be paired with a rerun of last year’s Merry Madagascar.

Trailers With Dad: Megamind

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My dad watches a movie trailer and gives his first impression.
Dreamwork’s new and scheduled for a November release is their animated movie, ‘Megamind‘, which shows a good deal of promise. Though the overall premise of the very predictable good versus evil is the movie’s primary theme, there’s a pronounced sophistication, both in the dialogue and the overall plot. If you appreciate sarcasm and irony, then Megamind does not disappoint. Because the plot, and the script, have both; and in abundance. [Read more…]