Thursday 16 June 2016

Shrek' is getting revived for more movies after Comcast bought DreamWorks

DreamWorks Animation looks to be
heading back into the swamp.
In the wake of Comcast's acquisition of
the animation studio, NBCUniversal chief
Steve Burke said it has plans for more
"Shrek" movies in the future, according to
Deadline.
Chris Meledandri, head of Illumination
Entertainment - which Universal owns - "is
creatively going to try to help us figure out
how to resurrect 'Shrek' and take a lot of
the existing DreamWorks franchises and
add value as we create new franchises,"
Burke said.
Burke also said there are hopes to
produce "as many as four animated
movies a year."
The first two "Shrek" films were well-
received, both pulling in an 88% rating on
Rotten Tomatoes. The most recent two,
"Shrek the Third" and "Shrek Forever
After," however, didn't get the same
reception - with a rotten score of 40% and
58% , respectively.
All four "Shrek" films have earned a total
$1.6 billion in domestic grosses

In addition to "Shrek," DreamWorks
Animation is also home to the "Kung Fu
Panda," "Madagascar," and "How to Train
Your Dragon" franchises. Illumination
Entertainment is responsible for the mega-
popular Minions and the "Despicable Me"
franchise.

Comcast purchased DreamWorks
Animation for $3.8 billion in April. Clearly,
Comcast is already thinking through how
to get that big investment to pay off.
DreamWorks' "The Croods 2" and "How to
Train Your Dragon 3" are set to be
released in December 2017 and June
2018, respectively. Its original film version
of "Captain Underpants" is scheduled for a
June 2017 release.

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