DreamWorks Animation, Univision to merge

edited 2014-11-14 03:22:50 in General
The investment consortium that comprises the owners of Univision Communications want out! So they've agreed to combine the company with DreamWorks Animation in a deal that also calls for DreamWorks' dual-class stock structure to be unwound. Jeffrey Katzenberg's Class B shares, worth fifteen votes apiece, will all be converted to Class A shares, worth one vote apiece. The shareholders in Univision Communications will receive two shares of DreamWorks Animation for each Univision share they own. The eight-person board of DreamWorks Animation will expand to ten members, with five selected by DWA and five selected by Univision. The Univision consortium will own roughly 75% of the new company, and Univision chairman Haim Saban will become the chairman of DreamWorks. Katzenberg will remain the CEO of the company.

What, after SoftBank and Hasbro, I figured I could get more cockamamie!

Comments

  • “I'm surprised. Those clothes… but, aren't you…?”
    Dreamvision? Sueñotrabajos?
  • I've learned to tolerate drama...except on the boat
    The combined company is DreamWorks-Univision, or DWU for short
  • I've learned to tolerate drama...except on the boat
    (fun fact - I looked up a report from Univision Communications's last quarter as a public company to see how many shares it had back then, and presumably still has now)
  • “I'm surprised. Those clothes… but, aren't you…?”
    Come on, man, get into the spirit!
  • I've learned to tolerate drama...except on the boat
    The spirit of what? Haim Saban being Haim Saban all over DreamWorks?
  • “I'm surprised. Those clothes… but, aren't you…?”
    No! The silly name merger opportunities!
  • I've learned to tolerate drama...except on the boat
    Well yeah, but corporations never really adopt those names...
  • “I'm surprised. Those clothes… but, aren't you…?”
    Does that actually factor into your decision making here? And corporations adopt awful names all the time anyway!
  • Sup bitches, witches, Haters, and trolls.
    Anonus said:

    The spirit of what? Haim Saban being Haim Saban all over DreamWorks?

    didn't he do power rangers
  • edited 2014-11-14 04:34:25
    Sup bitches, witches, Haters, and trolls.
    and also possibly worked for the israeli government to lobby a us congresswoman
  • I've learned to tolerate drama...except on the boat
    Lilly said:

    Anonus said:

    The spirit of what? Haim Saban being Haim Saban all over DreamWorks?

    didn't he do power rangers
    He brought them to America, sold them to Disney (they were included in the sale of Fox Family Worldwide), then bought them back for a fraction of what Disney paid for them
  • I've learned to tolerate drama...except on the boat
    What I'm saying is that Haim Saban is Mr. Schlock, and not just because of the Power Rangers
  • “I'm surprised. Those clothes… but, aren't you…?”
    You know, I always found the weird beef that tokusatsu fans have with the Power Rangers franchise to be inherently humorous. "They took my marginally edgy children's superhero shows and made them even more ridiculous and low-budget! How dare they take such vile liberties with someone else's childhood! I am going to write angry letters to the editor!"

    I mean, I know there are tokusatsu fans who aren't whiny jackasses—our own Lilly is a good example, if I am not mistaken—but I'm surprised at how many shrill, pernickety ones there are out there.
  • edited 2014-11-14 08:35:09
    Man is a most complex simple creature: see what he weaves, and how base his reasons for doing so.
    I have no issue with them making Power Rangers to be all low budget and funny and stuff. In fact, I feel like they should deviate more from the source.

    But I also refuse to watch Power Rangers in the first place, if merely because I just dislike their sound design a great deal and I don't feel like watching the same show twice.
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