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Dreamworks buys premium YouTube channel ‘AwesomenessTV’ for $33 million

Yesterday, Dreamworks announced the acquisition of AwesomenessTV for $33 million, the first such major purchase of a YouTube-funded premium video channel. Following the news, I caught up with Awesomeness’ lead investor to inquire about the deal and what it might mean…  …

DreamWorks plans $3.2 billion China tourist attraction

DreamWorks Animation on Tuesday said it plans to build a $3.2 billion “entertainment zone” in Shanghai, as the US film giant seeks to bolster its presence in the booming Chinese market. The studio’s newly-formed China joint venture, Oriental DreamWorks, is set to open the tourism attraction in 2016, the creator…

Spielberg studio buys rights to WikiLeaks book

LONDON – Steven Spielberg’s DreamWorks Studios have bought the rights to a book written by two British journalists about WikiLeaks founder Julian Assange, their newspaper said Thursday. “The rights to the book have been purchased by DreamWorks,” said a spokeswoman for The Guardian, which published the secret US diplomatic cables…