The content creation industry is in the process of a revolution in the United States, where after the failed purchase of Time Warner by Rupert Murdoch‘s 21st Century Fox (Sky group) it seems to have triggered the hunt to larger and attractive prey. The next to fall according to rumors circulating in recent days on Wall Street could be DreamWorks Animation, whose shares have lost 37% in the last 12 months at Wall Street because of disappointing results at the box office of films as Turbo (saved by the results abroad, but disappointing in the Usa where it grossed only 83 million dollars, the movie, cost 135 million dollars, has grossed a little less than 283 millions, not going beyond the 90th place among animated films in 3D in the ranking of all time) rather than Mr. Peabody & Sherman (that went even worse if possible: 111,5 million dollars grossed in the Usa, 161,4 abroad, for a total of just under 273 millions, but compared to 145 million dollars in production costs, the film came in at 74 th place among the 3D animation films in the ranking of all time).
It could be Softbank to buy DreamWorks, a Japanese company which in the Usa already owns the third-largest mobile telephone operator, Sprint (and which had to refrain from buying T-Mobile US because of opposition of the Us Antitrust), that’s surely no shortage of capital required for the operation. The company is the owner of a 30% stake in the Chinese marketplace Alibaba, which debuted a few days ago a rocket on Wall Street where he currently enjoys a market capitalization of just under 219 billion dollars, as to say that 30% possessed by Softbank if it were sold in the market could yield almost $ 66 billion, over 27 times the capitalization of DreamWorks (about 2.4 billion dollars). The check would be ready: according to rumors Sofbank would offer 32 dollars per share, 43% more than the closing price of DreamWorks Friday, September 26 (but already Monday, September 29, the stock jumped upwards of 26%, closing at over 28 dollars), equal to a valuation of around 2.65 billions for 100% of the company.
The only problem seems to be the will of Jeffrey Katzenberg (cofounder with Steven Spielberg and David Geffen of DreamWorks in 1994, after leaving Walt Disney Co. ibecause of the group lacking of recognition of his merits as a “savior” of the animation division thanks to successful projects such as The Lion King and who spun off the animation division of DreamWorks carrying it to debut on Wall Stret in 2004), whom, thanks to the success of the films he produced, particularly Shrek and Shrek 2, would seek an agreement with a large publishing group which take the reins as Ceo. But hardly the Softbank’s number one, Masayoshi Son, would put aside. Son btw has to be careful: he has already missed the acquisition of Universal Music Group from the Franch company Vivendi and as mention of the American asset of T-Mobile, an unusual situation for a manager who in the last five years has promoted acquisitions totaling 51 billion dollars, that might annoy its shareholders in front of further failures.
If envoys with Katzenberg do not get through Softbank (or some of its Chinese competitor), according to news agency Bloomberg, could still try to knock on other doors like those of Lions Gate Entertainment (producer of The Hunger Games) rather than more “technological” companies as Imax or RealD. That Hollywood and particularly the computer animation industry is preparing to speak more and more Chinese and Japanese is by the way evident. DreamWorks itself started, in 2012, Oriental DreamWorks, a joint venture with three Chinese companies (China Media Capital, Shanghai Media Group and Shanghai Alliance Investment) wich own 55% of Oriental DreamWorks. Oriental DreamWorks is producing with its parent company Kung Fu Panda 3, whose debut at the theaters is expected for 2016. Alibaba itself, participated as mentioned by Softbank, is not aloof and after investing in Youku Tudou (company that runs the most important Chinese online video sites) announced in July a streaming video service that will be developed together with Lions Gate.
The contents are therefore an element of success, but not necessarily content producers will emerge as winners: if you want to know more, you just have to continue to follow us as well on the website also through our account on Twitter and our fanpage on Facebook (but remember: Mondivirtuali is also on Flickr, on Scoop.it and on Paper.li).