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Oriental DreamWorks Restructuring – Comcast Reported to be in Talks with Chinese Backers

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kung fu panda oriental dreamworks

Variety reports that Oriental DreamWorks may be restructured, and that Comcast is in talks with the company’s Chinese backers about the possibility of giving up DWA’s 45% stake.

Oriental DreamWorks was formed in 2012 by DreamWorks Animation and China Media Capital.

Oriental DreamWorks latest animated venture Kung Fu Panda 3 under-performed and the company let go of 40 animators last week from its Shanghai offices.

http://variety.com/2017/film/asia/china-oriental-dreamworks-heads-for-closure-1202006264/

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Rachel Reed

Rachel Read

Rachel is Finance Director. She has a degree in engineering from Cambridge University and qualified as a Chartered Accountant at Deloittes in London. She worked in finance in industry for twenty years. She oversees our news and also manages our events.

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