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Former Dreamworks Animation Head Jeffrey Katzenberg Wants AwesomenessTV Back

JEFF KATZENBERG
Former Dreamworks animation CEO Jeffrey Katzenberg who pocketed $400 million when he sold the company to NBC-Universal for almost $4 billion last year, isn't one to indulge in down time. In fact he's since set up a new business this time on the investment side called WndrCo. Through WndrCo Mr. Katzenberg and his partners have raised over a half billion dollars which they plan to use to invest in digital media ventures. One of his first big acquisitions may be AwesomenessTV a company he created and later sold. Currently Awesomeness isn't doing too awesome and so there was a change at the top recently with CEO Brian Robbins stepping down. AwesomenessTV is currently owned by Comcast, Verizon and Hearst and there is no indication that those companies are looking to unload AwesomenessTV but money talks and Mr. Katzenberg and his partners have a lot of it.

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Former Dreamworks Animation Head Jeffrey Katzenberg Wants AwesomenessTV Back Reviewed by Editor on Friday, February 24, 2017 Rating: 5
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