DreamWorks Animation has acquired Classic Media

Posted on July 26, 2012 - 10:00am by Kaibaman41

In news that has come out of nowhere, Dreamworks Animation has bought the North American company Classic Media, a company that has been in charge of the Voltron anime series and the Godzilla TOHO films. The purchase was made for $155 million. Interestingly, both companies may cancel the purchase by October 20th. I will quote a paragraph from Anime News Network from what Classic Media has in terms of Licenses.

"Classic Media holds rights to adapted anime titles such as Voltron and Saber Rider and the Star Sheriffs. The studio also has rights to the original 1954 Godzilla (Gojira) film and other TOHO live-action titles. German co-production group TV-Toonland sold the license of its anime- and manga-inspired animated TV series My Life Me to Classic Media in 2010. The company's other holdings include the animation series Rocky and Bullwinkle, Casper the Friendly Ghost, and VeggieTales as well as Rankin/Bass Productions titles such as Rudolph the Red-Nosed Reindeer and Frosty the Snowman." 

Are the g1s surprised at this sudden announcement? 

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