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Variety

With Paramount Pictures Looking for an Equity Partner, Jeffrey Katzenberg, CEO Of DreamWorks Animation, Muses About Another Kind of Deal He’d Like to Make With Paramount

Mar 2, 2016  •  Post A Comment

DreamWorks Animation CEO Jeffrey Katzenberg talked about a deal he says he “fantasizes about” with Paramount. Variety reports that Katzenberg, speaking Tuesday at the Morgan Stanley Technology, Media & Telecom Conference, made it clear that he likes the idea of eventually merging the two studios.

At the same time, he was also clear that he’s not interested in buying a non-controlling stake in Paramount. “That would have no interest for us,” Katzenberg said.

“He noted that he hadn’t looked under the hood of the company or spent a great deal of time thinking about such a union, but hinted that he saw attractive synergies,” Variety reports, quoting Katzenberg saying: “Do I fantasize about it though? Yeah. I wouldn’t do it if I didn’t have a financial partner to come along and put a big piece of capital into that. I would want to do it in a way that was a good thing for the company and for shareholders, not just because it would be a good thing to have.”

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